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    2940 Commerce Dr Johnsburg, IL 60051

    Sponsored
    For Sale
    Contact for pricing

    103,525 SF Shopping Center - For Sale/Lease

    Property size:
    103,525 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 103,525 square foot retail space, formerly occupied by JCPenney, is available for lease or sale at The Shops at Fox River in Johnsburg, Illinois. Located at 2940 Commerce Drive, 60051, this property boasts a prominent position within a thriving shopping center, serving the expanding communities in the northwestern suburbs of the Chicago metropolitan area. The building offers unparalleled visibility and accessibility, situated on a 0.41-acre lot with 340 feet of frontage along Route 31, the primary retail artery in the McHenry market. This prime location ensures high traffic volume and excellent exposure for any business. The property's classification is retail, specifically a shopping center, making it ideal for a variety of retail uses. Its size and location present a unique opportunity for businesses seeking a substantial presence in a rapidly growing market. The property is situated in McHenry County, Illinois, offering easy access to major transportation routes and a strong local customer base. Serious inquiries are encouraged to explore the potential of this exceptional retail opportunity. The property is ready for immediate occupancy and offers significant potential for growth and profitability. Contact us today to learn more about leasing or purchasing this remarkable retail space.

    Property Features for 2940 Commerce Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    103,525 SF
    Lot Size
    17,860 SF

    HighLights

    • 103,525 SF retail space available for lease or sale at The Shops at Fox River in Johnsburg, IL.
    • High visibility and accessibility from Route 31, the main retail corridor in the McHenry market.
    • 340 feet of frontage on Route 31.
    Property Profile Location Intelligence

    Current Use by Public Records

    JCPenney Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnsburg
    County
    McHenry
    State
    Illinois
    Longitude
    -88.266841
    Latitude
    42.369757

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    Nearby Similar for Sale

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      9,088 SF

      Johnsburg Industrial Property - Huge Potential

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    FAQs

    What type of property is this?
    Lifestyle center - 103,525 SF Shopping Center - For Sale/Lease
    Where is this lifestyle center located?
    The property is located at 2940 Commerce Dr Johnsburg, IL.
    What are key features of this property?
    This property features: 103,525 SF retail space available for lease or sale at The Shops at Fox River in Johnsburg, IL.; High visibility and accessibility from Route 31, the main retail corridor in the McHenry market.; 340 feet of frontage on Route 31.
    Request Owner's contact information
    2940 Commerce Dr Johnsburg, IL 60051
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    Johnsburg, IL 60051
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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
    2940 Commerce Dr Johnsburg, IL 60051
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