Property profile

670 Northwest Hwy Fox River Grove, IL 60021

OFF-MARKET
Retail properties & Spaces
17,424 SF 0.4 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Total area 17,424 SF
Lot 0.4 ac (17,424 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

670 Northwest Hwy Fox River Grove, IL 60021
Fox River Grove metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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