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    Us-14 Cary, IL 60013

    Sponsored
    For Sale
    $3,000,000

    30 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30-acre property in Cary, Illinois, presents a unique investment opportunity. Strategically located on US Route 14 and the picturesque Fox River, this land offers nearly 12 buildable acres, ideal for residential, commercial, or mixed-use development. The property's prime location ensures high visibility and easy accessibility, while its inclusion in a Tax Increment Financing (TIF) district provides significant financial incentives for development, including potential infrastructure improvements and property tax rebates. Extensive engineering and boring tests have confirmed the buildable acreage. The Fox River adds natural beauty and recreational opportunities, enhancing the property's appeal. Cary's vibrant community, strong growth, and proximity to major transportation routes, including the Metra train line, make this a compelling investment. Priced at $3,000,000, this 30-acre parcel offers substantial potential for return on investment, capitalizing on Cary's expanding population and thriving market. The combination of location, buildable land, and TIF benefits makes this a highly competitive offering. This property is situated near the intersection of Route 14 and Spring Beach Road.

    Property Features for 0 Us-14

    General Information

    Property type
    Land
    Lot Size
    1,306,800 SF

    HighLights

    • 30‑acre land parcel for sale in Cary, IL for $3,000,000.
    • Located on US Route 14, offering high visibility and accessibility.
    • Situated within a Tax Increment Financing (TIF) district, providing potential development incentives.
    • Approximately 12 acres are buildable, suitable for residential, commercial, or mixed‑use development.
    • Prime riverfront location on the Fox River, offering recreational opportunities and enhanced property appeal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cary
    County
    McHenry
    State
    Illinois
    Longitude
    -88.22614
    Latitude
    42.204335

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    FAQs

    What type of property is this?
    Land - 30 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at Us-14 Cary, IL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 30-acre land parcel for sale in Cary, IL for $3,000,000.; Located on US Route 14, offering high visibility and accessibility.; Situated within a Tax Increment Financing (TIF) district, providing potential development incentives.
    (847) 630-8920
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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
    Us-14 Cary, IL 60013
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