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    2192 Il-120 McHenry, IL 60051

    Sponsored
    For Sale
    $1,600,000

    Prime McHenry commercial land, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.55-acre commercial land parcel, located at 2192 IL-120 in McHenry, Illinois (zip code 60051), presents a remarkable investment opportunity. Priced at $1,600,000, this property boasts approximately 1.37 acres of buildable land, making it ideal for a variety of commercial ventures. The site benefits from high visibility and significant traffic, with a daily vehicle count of 19,300. All utilities are conveniently stubbed to the site, and the land is graded and prepared for immediate development. Off-site detention is already in place, streamlining the development process. The property's PIN numbers are 09-25-479-043 and 09-36-226-002. Annual property taxes are $13,599.98. This location in McHenry County offers excellent access to major transportation routes and a thriving local market, making it an attractive proposition for businesses seeking a strategic location in a growing community. Don't miss this chance to acquire a prime commercial land parcel ready for your vision.

    Property Features for 2192 Il-120

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McHenry
    County
    McHenry
    State
    Illinois
    Longitude
    -88.241897
    Latitude
    42.3430896

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    FAQs

    What type of property is this?
    Land - Prime McHenry commercial land, ready for development.
    Where is this land located?
    The property is located at 2192 Il-120 McHenry, IL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (630) 573-7088
    Request Owner's contact information
    2192 Il-120 McHenry, IL 60051
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    McHenry, 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
    2192 Il-120 McHenry, IL 60051
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