Listing Agency: BRIAN COLEMAN & ASSOCIATES, INC. b***@bcarealestate.com Show Phone

Listed By: Brian Coleman · License #IL

Source: Crexi

Added: Dec 17, 2022 Changed: Aug 8 Last Checked: Aug 18 at 9:43PM

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Investment Insights

Based on property information with market context.

This 11-acre parcel of commercial land presents numerous development opportunities, including apartments, multi-family housing, senior housing, assisted living facilities, nursing homes, general commercial use, cell towers, office spaces, and medical facilities. The property is contiguous to the new Authentix apartment community, which was completed in March 2023 and features 288 units. An adjacent 26-acre parcel to the north is also available. The current ownership is open to considering dividing the property.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Skin Care Clinic Parking Lot & Garage Spa & Massage Center Garden Center Gym & Fitness Center Grocery & Convenience 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

416

Businesses Nearby

Explore this area Business Placement

Demographics for 60051, IL

24,649

Population

10,210

Households

2.4

Avg Household Size

42

Median Age

33%

College-Educated

94%

High-School Grad

33.2 sq mi

ZIP Area

742

Density / Sq Mi

$104,227

Median Household Income

$53,527

Median Earnings

$1,665

Median Rent

$268,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 11 acres of land with many possible commercial uses.

Where is this commercial land located?

The property is located at 2212 N Richmond Rd McHenry, IL.

What is the asking price?

The asking price for this property is $3,833,280.