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    31 And Riv Birch Blvd Crystal Lake, IL 60012

    Sponsored
    For Sale
    $779,725

    Prime 3.3-acre development site, vacant.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 3.3-acre commercial development opportunity is located at the signalized intersection of Route 31 and River Birch Boulevard in Crystal Lake, Illinois (60012). The property, identified by APN 14-27-456-001, offers 145,316 square feet of pad-ready land zoned B2-PUD, perfect for retail or office development. With 500 feet of frontage on Route 31, this high-visibility location ensures maximum exposure. The site boasts city sewer and water utilities readily available. Environmental reports are on file. The asking price is $779,725, translating to $5.36 per square foot. 2023 real estate taxes totaled $86.96. This is a rare chance to acquire a well-situated, vacant lot in a thriving McHenry County market. Don't miss this opportunity to build your next commercial venture in a prime location with excellent visibility and access. The topography is level and ready for immediate development.

    Property Features for 31 And Riv Birch Blvd

    General Information

    Property type
    Land
    Lot Size
    143,748 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Crystal Lake
    County
    McHenry
    State
    Illinois
    Longitude
    -88.2867247
    Latitude
    42.2575393

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    FAQs

    What type of property is this?
    Land - Prime 3.3-acre development site, vacant.
    Where is this land located?
    The property is located at 31 And Riv Birch Blvd Crystal Lake, IL.
    What is the asking price?
    The asking price for this property is $779,725.
    Request Owner's contact information
    31 And Riv Birch Blvd Crystal Lake, IL 60012
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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
    31 And Riv Birch Blvd Crystal Lake, IL 60012
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