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Waterfront Land with River Access
For Sale
$475,000
Pending

3701 W Elm Street, McHenry, IL 60050

Two-parcel waterfront assemblage with access points on RT.120 and Waukegan Road.

Property SizeContact for details
Days on Market1900

Property Features for 3701 W Elm Street

General Information

Standard status Pending
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $12,134
Listing Agency: Berkshire Hathaway HomeServices Starck Real Estate
Listed By: Jack Minero · License #475127381
Source: Exitrealty
Added: Jun 22, 2021 Changed: Sep 2 Last Checked: Sep 2 at 9:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Starck Real Estate

Investment Insights

Based on property information with market context.

This 2.6-acre waterfront land assemblage combines two parcels with roughly 380 feet of water frontage. Boone Creek provides water access to the Fox River, and the creek has been newly dredged. Boat slips may potentially be available through the Boone Creek and Fox River connection.

The property lies within a TIF district and has multiple access points from RT.120 and Waukegan Road. The parcels may also be acquired separately. Development concepts identified for the site include multifamily, senior or independent living, and mixed-use projects.

Key Highlights

  • 2.6‑acre waterfront land assemblage comprising 2 parcels
  • Roughly 380' of water frontage
  • Access via newly dredged Boone Creek to the Fox River

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

Demographics for 60050, IL

31,854
Population
13,399
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
26.4 sq mi
ZIP Area
1,207
Density / Sq Mi
$86,315
Median Household Income
$48,953
Median Earnings
$1,522
Median Rent
$244,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Two-parcel waterfront assemblage with access points on RT.120 and Waukegan Road.
Where is this waterfront land located?
The property is located at 3701 W Elm Street McHenry, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2.6‑acre waterfront land assemblage comprising 2 parcels; Roughly 380' of water frontage; Access via newly dredged Boone Creek to the Fox River
More about this property
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