702 S Il Route 31, McHenry, IL 60050

Listing Agency: Veza Consulting Show Phone

Listed By: Gus Liapis Show Phone

Source: Payesregroup

Added: Apr 5, 2024 Changed: Nov 8 Last Checked: Nov 8 at 7:39PM

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Investment Insights

Based on property information with market context.

This commercial land parcel is currently zoned for commercial use. The owner is seeking a sale and may also consider a long-term ground lease. A plat of survey is available in the property documents.

The parcel sits directly opposite Centegra Hospital, with exposure to and access from Route 31. Annexation into McHenry is possible.

Key Highlights

• Commercial zoning
• Directly across from Centegra Hospital
• Exposure to and access from Route 31

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Grocery & Convenience Store Pharmacy Cafe & Coffee Shop

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

1,100

Businesses Nearby

Explore this area Business Placement

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

Market

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Jul

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Frequently Asked Questions

What type of property is this?

Commercial land - The commercially zoned parcel is offered for sale, with a long-term ground lease also under consideration.

Where is this commercial land located?

The property is located at 702 S Il Route 31 McHenry, IL.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Commercial zoning; Directly across from Centegra Hospital; Exposure to and access from Route 31