Search
Live-Work Retail with Attached Home
For Sale
$224,990
Pending

8621 Highway 12, Richmond, IL 60071

Live-work property with separately metered commercial area attached to a two-bedroom home with storage and level trail access.

Property Size21,780 SF
Lot Size0.50 Acres
Days on Market242

Property Features for 8621 Highway 12

General Information

Standard status Pending
Size 21,780 SF
Lot size 0.50 Acres
Zoning COMMR

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $7,907

Building Details

Year Built 1940
Stories 2
Listing Agency: HomeSmart Connect LLC
Listed By: Salvatore Soccorso · License #475144533
Source: Compass
Added: Jan 8 Changed: Aug 27 Last Checked: Aug 14 at 8:05AM

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 HomeSmart Connect LLC

Investment Insights

Based on property information with market context.

This live-work property combines a two-bedroom home with an attached commercial space. The commercial portion is separately metered, includes a 23x33 commercial area, and has room for a future bathroom. The home is described as having newer insulation and newer 200 AMP electric service in conduit, with 2 meters and 2 HVAC systems. Additional features include a basement and a two-car garage, along with “tons of storage” and privacy to the rear of the property.

The property is located on US RT 12 just north of the 12/31 intersection in unincorporated McHenry County. It is positioned for level access to the Prairie Trail and sits on approximately 1/2 acre.

Zoned for live and work under McHenry County B-2 “Neighborhood Business District” (Table 16.32-1 zoning uses). The public remarks note a broad range of permitted uses, including office and retail goods establishment, restaurant, and various other uses listed under the district. The property is offered “as is,” and the buyer pays for the survey.

Key Highlights

  • 1940 live‑work property on US RT 12 just north of the 12/31 intersection, zoned B‑2 “Neighborhood Business District” in unincorporated McHenry County.
  • 2‑bedroom home attached to a commercial space with a 23x33 commercial area and storage; future bathroom area noted.
  • Commercial portion is separately metered and could be rented out; 2 meters and 2 HVAC systems.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage Garden Center Catering Service Big Box & Wholesale 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 60071, IL

3,891
Population
2,161
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
97%
High-School Grad
24.8 sq mi
ZIP Area
157
Density / Sq Mi
$77,593
Median Household Income
$43,164
Median Earnings
$1,189
Median Rent
$289,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Live-work space - Live-work property with separately metered commercial area attached to a two-bedroom home with storage and level trail access.
Where is this live-work space located?
The property is located at 8621 Highway 12 Richmond, IL.
What is the asking price?
The asking price for this property is $224,990.
What are key features of this property?
This property features: 1940 live‑work property on US RT 12 just north of the 12/31 intersection, zoned B‑2 “Neighborhood Business District” in unincorporated McHenry County.; 2‑bedroom home attached to a commercial space with a 23x33 commercial area and storage; future bathroom area noted.; Commercial portion is separately metered and could be rented out; 2 meters and 2 HVAC systems.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message