Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    New Construction Development Opportunity Title is generated by Realmo AI

    Route 47 & Big Timber Road, Huntley, IL 60140

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New construction development with land available for rent.

    Type:Land
    Property size:
    84 SF
    Added:
    Nov 26, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 5 at 9:28 pm

    Property Features for Route 47 & Big Timber Road

    General Information

    Standard status
    Active
    Size
    84 SF
    Property subtype
    Land

    Spaces For Lease

    at Route 47 & Big Timber Road Contact us

    We can help!

    Listing Contact
    Kenneth Franzese, SIOR

    Listing agent Kenneth Franzese, SIOR

    Listing office Lee & Associates | Chicago

    Listing date Nov 26, 2025

    Source Lee-associates

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Chicago

    HighLights

    • New construction
    • Development opportunity
    • Three buildings

    Overview

    This property represents a new construction development opportunity. The development consists of three buildings. The property includes land available for rent.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Huntley
    County
    McHenry
    State
    Illinois
    Longitude
    -88.5255
    Latitude
    42.0764

    Nearby Similar for Lease

    • Contact for pricing
      977 SF

      Retail Storefront in Downtown Huntley

      977 sq ft retail space in vibrant downtown Huntley.
      11805 Main Street, Huntley, IL 60142
      View Details
    • $18 SF/Yr
      14,820 SF

      Huntley Office/Medical Space For Rent

      Prime office/medical space in a recently renovated Huntley building.
      13300 IL Route 47, Huntley, IL 60142
      View Details
    • Contact for pricing

      Retail Building on Route 47

      18,000 sq ft retail space with high exposure.
      10442 Rt 47 Highway, Huntley, IL 60142
      View Details
    • $12 SF/Yr
      1,800 SF

      Freestanding Building on Route 47

      Retail/office space with buildout potential and ample parking.
      10514 N Il Route 47, Huntley, IL, 60142-7073
      View Details
    • $18 SF/Yr
      3,046 SF

      Huntley Office Space Available

      Office space with reception, kitchen, restrooms, and ample parking.
      13300 IL-47, Huntley, IL
      View Details
    • Contact for pricing
      177,320 SF

      Build-to-Suit Opportunity in Huntley, IL

      177,320 SF build-to-suit on 11.6 acres with I-90 frontage.
      14401 Commerce Ct, Huntley, IL 60142
      View Details
    • Contact for pricing
      540,960 SF

      Industrial Building with I-90 Frontage

      211,750 SF industrial space for lease in growing Chicagoland community.
      14200 Commerce Ct, Huntley, IL 60142
      View Details
    • Contact for pricing
      40,800 SF

      I-90 Frontage Industrial Land

      Land with I-90 frontage, heavy zoning, and outside storage.
      13800 George Bush Court, Huntley, IL, 60142
      View Details
    • $18 SF/Yr
      10,000 SF

      New Shopping Center Retail Spaces

      Modern shopping center with flexible spaces in growing Huntley community.
      12407 Main St, Huntley, IL 60142
      View Details
    • Contact for pricing
      285,523 SF

      Huntley Warehouse Space Available

      Divisible warehouse space with ample parking and dock doors.
      12150 Jim Dhamer Dr, Huntley, IL
      View Details
    • Contact for pricing

      Free Standing Office Building

      Office building at Rt 47/Mill St intersection, ideal for tenant.
      11312 Vine St, Huntley, IL 60142
      View Details
    • Contact for pricing
      54,000 SF

      I-90 Interchange Distribution Space

      New construction distribution space with cross-dock configuration and secure site.
      14351 Weber Dr, Huntley, IL 60142
      View Details

    FAQs

    What type of property is this?
    Land - New construction development with land available for rent.
    Where is this land located?
    The property is located at Route 47 & Big Timber Road Huntley, IL.
    What are key features of this property?
    This property features: New construction; Development opportunity; Three buildings
    (773) 355-3005
    We can help!
    Listing Contact
    Kenneth Franzese, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Route 47 & Big Timber Road, Huntley, IL 60140
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!