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    1503 Diggins St Harvard, IL 60033

    Sponsored
    For Sale
    $199,500

    Prime Industrial Lot, Ready to Build, Enterprise Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.2-acre industrial lot is ideally situated in Harvard, Illinois, at 1503 West Diggins Street, offering significant advantages for businesses seeking a strategic location. Zoned for industrial use, this flat parcel boasts 250 feet of frontage on Diggins Street, providing excellent accessibility. The property's location offers convenient access to major transportation routes, including Route 14 and Route 173, with Interstate 90 just 15 minutes away. Utilities are readily available on-site, simplifying the development process. A key benefit is its location within an Enterprise Zone, providing substantial savings on taxes and processing fees, making this an attractive investment opportunity. The asking price is $199,500, translating to approximately $1.43 per square foot. This ready-to-build lot presents a unique chance to establish a thriving industrial operation in a supportive and well-connected community. The property is located in McHenry County, Illinois, with a zip code of 60033. This is a rare opportunity to acquire a well-positioned industrial lot in a thriving area.

    Property Features for 1503 Diggins St

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    HighLights

    • $1.43 per square foot land price.
    • Located in an Enterprise Zone.
    • Build‑ready industrial lot.
    • 15‑minute commute to I‑90.
    • Industrial lot in Harvard, IL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harvard
    County
    McHenry
    State
    Illinois
    Longitude
    -88.6273054
    Latitude
    42.422815

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Industrial Lot, Ready to Build, Enterprise Zone
    Where is this land located?
    The property is located at 1503 Diggins St Harvard, IL.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: $1.43 per square foot land price.; Located in an Enterprise Zone.; Build-ready industrial lot.
    (815) 236-9816
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    1503 Diggins St Harvard, IL 60033
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    Harvard, IL 60033
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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
    1503 Diggins St Harvard, IL 60033
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