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    Main Street Rd Huntley, IL 60142

    Sponsored
    For Sale
    $1,990,000

    10 Acres, Downtown Huntley, IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in the heart of downtown Huntley, Illinois. Located at the intersection of Ruth Road and Main Street, this property boasts frontage on all four sides, providing unparalleled visibility and accessibility. The site is zoned AG/Planned mixed commercial, offering flexibility for a wide range of commercial developments. Utilities are readily accessible, simplifying the development process. The property's strategic location benefits from proximity to the I-90 interchange at Route 47 and the Northwestern Medicine Huntley Hospital, contributing to the area's significant growth and attracting considerable interest. The Village of Huntley actively encourages commercial development on this site, making it an ideal location for businesses seeking to capitalize on the thriving Huntley market. With an asking price of $1,990,000, this translates to approximately $4.57 per square foot. The property's substantial size and prime location make it an exceptional opportunity for developers and investors seeking a high-impact commercial venture in a rapidly expanding community. The APN is 18-33-226-007. This is a rare chance to acquire a significant land holding in a desirable and rapidly developing area of Kane/McHenry County, Illinois, zip code 60142.

    Property Features for 0 Main Street Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $4.57 per square foot asking rent.
    • Located in Huntley's new downtown district.
    • Four‑sided exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntley
    County
    Kane/McHenry
    State
    Illinois
    Longitude
    -88.4280711
    Latitude
    42.1683087

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    FAQs

    What type of property is this?
    Land - 10 Acres, Downtown Huntley, IL
    Where is this land located?
    The property is located at Main Street Rd Huntley, IL.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: $4.57 per square foot asking rent.; Located in Huntley's new downtown district.; Four-sided exposure.
    (815) 236-9816
    Request Owner's contact information
    Main Street Rd Huntley, IL 60142
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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
    Main Street Rd Huntley, IL 60142
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