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    3401 Richmond Rd Johnsburg, IL 60051

    Sponsored
    For Sale
    $1,000,000

    High-visibility Bell Road location, 2,548 sq ft.

    Property size:
    9,088 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,548-square-foot retail space boasts a prime location at the northwest corner of Bell Road and 59th Avenue in the premier Arrowhead trade area of Maricopa County. Benefitting from significant Bell Road frontage, this single-tenant property offers unparalleled visibility and accessibility. The high-traffic intersection sees approximately 69,191 vehicles daily, ensuring substantial exposure for your business. This location is strategically positioned within a densely populated area, with over 325,152 residents residing within a 3-mile radius. Furthermore, the property's proximity to major institutions significantly enhances its appeal. Midwestern University, with its approximately 3,000 students, and Arizona Christian University, with over 1,000 students, are both located nearby, creating a robust potential customer base. Less than two miles away is Banner Thunderbird Medical Center, one of Arizona's largest hospitals, employing hundreds and serving thousands of patients daily. This combination of high visibility, substantial traffic counts, and proximity to major institutions and a large residential population makes this retail space an exceptional investment opportunity. The property is classified as a restaurant or shop.

    Property Features for 3401 Richmond Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    9,088 SF
    Lot Size
    213,444 SF

    Building Details

    Year Built/Renovated
    1987/2000

    HighLights

    • High‑visibility corner retail space at Bell Road and 59th Avenue.
    • Located in the premier Arrowhead Ranch trade area.
    • Strong demographics: Over 325,152 people within a 3‑mile radius.
    • High traffic counts on Bell Road (approx. 69,191 vehicles per day).
    • Proximity to Midwestern University (approx. 13,000 students) and Arizona Christian University (over 1,000 students).
    • Less than 2 miles from Banner Thunderbird Medical Center (over 500 beds).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Building Supply 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
    -88.271932
    Latitude
    42.3756734

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    Nearby Similar for Sale

    • $1,000,000
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      Johnsburg Industrial Property - Huge Potential

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility Bell Road location, 2,548 sq ft.
    Where is this mixed-use property located?
    The property is located at 3401 Richmond Rd Johnsburg, IL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: High-visibility corner retail space at Bell Road and 59th Avenue.; Located in the premier Arrowhead Ranch trade area.; Strong demographics: Over 325,152 people within a 3-mile radius.
    Request Owner's contact information
    3401 Richmond Rd 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
    3401 Richmond Rd Johnsburg, IL 60051
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