Property summary
This exceptional commercial property, located at 670 Northwest Hwy in Fox River Grove, Illinois, presents a rare opportunity for investors and entrepreneurs. The vacant 17,424 square foot building sits on a 0.4-acre lot and is ideally suited for an auto shop or similar business. Priced at $839,000 ($48.15/sq ft), this property offers significant potential for return on investment. Its prime corner location ensures high visibility and accessibility, benefiting from substantial daily traffic. The property enjoys a strategic position amongst established and successful businesses, including Culvers, Jewel-Osco, Ace Hardware, Panera Bread, and VCA Animal Hospital, creating a strong and desirable commercial environment. The vacant status allows for immediate occupancy and customization to suit a new tenant's specific needs. This is a unique chance to acquire a well-situated, sizable commercial property in a thriving Illinois community with a proven track record of success for neighboring businesses. The property's zip code is 60021, and it is located in McHenry County. This high-traffic location offers excellent potential for a variety of commercial ventures.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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