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    920 Front St Rt 31 McHenry, IL 60050

    Sponsored
    For Sale
    Contact for pricing

    High-traffic Route 31 location, strong income potential.

    Property size:
    24,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional mixed-use property, located at 920-926 Front St. (Rt. 31) in Bull Valley, IL, presents a compelling investment opportunity. The 2-acre site boasts five existing buildings totaling 24,600 square feet, currently generating $83,400 in annual income. The property features high visibility with 264 feet of frontage on Route 31, experiencing a daily traffic count of 17,307 vehicles. This prime location is situated within a thriving business corridor, offering convenient access to Metra, shopping, and restaurants. All utilities are readily available on-site. The property's APN is 09-35-104-001, 002, 09-35-104-011, 012, 013, 011. Furthermore, there's potential for expansion onto an adjacent parcel, creating a possible 4-acre development site with 569 feet of Route 31 frontage. This versatile property is ideally suited for a variety of uses, including multifamily development, a convenience station, or continued mixed-use operation. The property is located in McHenry County, Illinois, zip code 60050. Its geographic coordinates are latitude 42.3417669 and longitude -88.2738702.

    Property Features for 920 Front St Rt 31

    General Information

    Property type
    Mixed-use properties
    Square Feet
    24,600 SF

    HighLights

    • High‑visibility location.
    • High daily traffic count of 17,307 vehicles.
    • 264 feet of frontage on Route 31.
    • Potential 4‑acre development site with 569 feet of Route 31 frontage.
    • All utilities available on‑site.
    • Prime location within a thriving business corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.2738702
    Latitude
    42.3417669

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic Route 31 location, strong income potential.
    Where is this mixed-use property located?
    The property is located at 920 Front St Rt 31 McHenry, IL.
    What are key features of this property?
    This property features: High-visibility location.; High daily traffic count of 17,307 vehicles.; 264 feet of frontage on Route 31.
    Request Owner's contact information
    920 Front St Rt 31 McHenry, IL 60050
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    McHenry, IL 60050
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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
    920 Front St Rt 31 McHenry, IL 60050
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