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    Nec/Sec Rte 47 & Regency Pkwy Huntley, IL 60142

    For Sale
    Contact for pricing

    Prime Commercial Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land offering presents a unique investment opportunity in Huntley, Illinois. Located at the Northeast/Southeast corners of Route 47 and Regency Parkway (zip code 60142), this property boasts a sizable lot ranging from 1 to 26 acres, zoned B3-PUD. Its strategic position provides unparalleled access to major transportation arteries, including a full access interchange connecting Route 47 and I-90, ensuring high visibility and convenient access for businesses. The site benefits from a thriving and affluent community, with a recently opened 128-bed Centegra Hospital nearby, a Walmart Supercenter immediately to the south, and Del Webb's Sun City retirement community directly across the street, comprising 5,780 homes. This translates to a strong demographic profile, with an average household income exceeding $105,000 within a 5-mile radius. Route 47 experiences a high volume of traffic, with 27,500 vehicles per day, guaranteeing significant exposure for any development. This property is ideal for a wide range of commercial ventures, capitalizing on the robust growth and strong economic indicators of this desirable location. The property's size and zoning flexibility offer considerable development potential, making it an attractive investment for both established businesses and new ventures seeking a prime location in a rapidly expanding market.

    Property Features for 0 Nec/Sec Rte 47 & Regency Pkwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Full Interchange Access at Route 47 and I‑90.
    • New 128‑bed Centegra Hospital nearby.
    • Adjacent to Walmart Supercenter.
    • Across from Del Webb's Sun City, a 5,780‑home retirement community.
    • Over $105,000 average household income within a 5‑mile radius.
    • Route 47 boasts 27,500 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntley
    County
    Mchenry
    State
    Illinois
    Longitude
    -88.43260174
    Latitude
    42.1484969

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Excellent Location
    Where is this land located?
    The property is located at Nec/Sec Rte 47 & Regency Pkwy Huntley, IL.
    What are key features of this property?
    This property features: Full Interchange Access at Route 47 and I-90.; New 128-bed Centegra Hospital nearby.; Adjacent to Walmart Supercenter.
    Request Owner's contact information
    Nec/Sec Rte 47 & Regency Pkwy 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
    Nec/Sec Rte 47 & Regency Pkwy Huntley, IL 60142
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