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    Il 173 & Kennedy St Hebron, IL 60034

    Sponsored
    For Sale
    $249,900

    Prime Commercial/Residential Land, B1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.72-acre parcel presents a unique investment opportunity in Hebron, Illinois. Located at the intersection of Route 173 and Kennedy Street, this B1-zoned property enjoys a highly visible location at the entrance to the Trails of Hebron residential subdivision, ensuring excellent access and high traffic visibility. The property's strategic position offers significant potential for various commercial ventures, while the possibility of multi-family development is also being considered by the city of Hebron. City water and sewer services are readily available, simplifying development plans. The lot size is 4.72 acres, with an APN of 03-17-300-004. This property is priced competitively at $249,900, translating to approximately $1.22 per square foot. Its versatile zoning and prime location make it an ideal choice for developers seeking a high-impact project in a thriving community. The property's proximity to residential areas ensures a strong potential customer base for any commercial development. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.

    Property Features for 0 Il 173 & Kennedy St

    General Information

    Property type
    Land
    Lot Size
    205,603 SF

    HighLights

    • 4.72‑acre commercial lot in Hebron, IL, at Route 173 and Kennedy Street.
    • B1 zoning allows for various commercial uses, with potential for multi‑family development.
    • High visibility location at the entrance to Trails of Hebron subdivision.
    • City water and sewer available.
    • APN 03‑17‑300‑004, priced at $249,900 ($1.22/sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hebron
    County
    McHenry
    State
    Illinois
    Longitude
    -88.4449493
    Latitude
    42.4649235

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, B1 Zoning
    Where is this land located?
    The property is located at Il 173 & Kennedy St Hebron, IL.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: 4.72-acre commercial lot in Hebron, IL, at Route 173 and Kennedy Street.; B1 zoning allows for various commercial uses, with potential for multi-family development.; High visibility location at the entrance to Trails of Hebron subdivision.
    Request Owner's contact information
    Il 173 & Kennedy St Hebron, IL 60034
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    Hebron, IL 60034
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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
    Il 173 & Kennedy St Hebron, IL 60034
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