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    7402 Forest Oak Dr McHenry, IL 60050

    For Sale
    Contact for pricing

    Approximately one-acre residential lots ready for custom home construction.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in McHenry County

    Located in McHenry County, these approximately one-acre parcels offer a setting among mature trees. The location provides access to farm stands, cultural activities, Metra service, restaurants, and shopping. Situated about 60 miles from Chicago's Loop, this subdivision offers a retreat. Utilities, including electric and gas, are available to each lot, and curb and gutter are in place. Buyers can select their own builder. Contiguous lots can be combined. Up to 8 lots are available as a package, with additional lots offered by other owners. Minimum home size requirements are 3000 square feet for a one-story home and 3500 square feet for a two-story home. Well, septic, and CCRs apply, along with architectural standards and approvals. No soil tests or surveys are on file; buyers are responsible for conducting their own tests and due diligence. There are no association fees.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Dental Office Department Store Kitchen & Bath Accounting Firm HVAC Service Garden Center Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3419663
    Latitude
    42.3345979

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    FAQs

    What type of property is this?
    Residential land & home lot - Approximately one-acre residential lots ready for custom home construction.
    Where is this residential land & home lot located?
    The property is located at 7402 Forest Oak Dr McHenry, IL.
    What is the asking price?
    The asking price for this property is $24,900.
    What are key features of this property?
    This property features: - Ready-to-build 1 acre (+-) lots in an exclusive, quiet, executive subdivision.; - Utilities (electric and gas) to each lot; curb and gutter in place.; - Peaceful country setting with mature trees (oaks and hickories).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7402 Forest Oak Dr McHenry, IL 60050
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