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    Lt0 Flat Iron Rd Harvard, IL 60033

    • Land
    • 140.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Lt0 Flat Iron Rd

    Lot size
    140.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 140-acre property located at Lt0 Flat Iron Road, Harvard, Illinois, presents a unique investment opportunity. Currently zoned R1B, this expansive land parcel offers versatility for a variety of uses. The property boasts highly productive soils, predominantly Grundelein, Waupecan, and Millstream silt loams, making it ideal for agricultural pursuits. A significant portion of the acreage is tillable, promising substantial yields. Its agricultural classification is complemented by its residential zoning, opening doors to diverse development possibilities. Situated in McHenry County, with the convenience of nearby sewer and water access, this property is strategically located in the 60033 zip code at 42.3835665 latitude and -88.66606 longitude. The asking price for this fee simple ownership is $1,960,000. This land offers a compelling blend of agricultural potential and residential zoning, making it an attractive investment for both farmers and developers alike. The property's size and location in Harvard, Illinois, contribute to its significant value and potential for future growth.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harvard
    County
    McHenry
    State
    Illinois
    Longitude
    -88.6661
    Latitude
    42.3836

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    Lt0 Flat Iron Rd
    Harvard, IL 60033
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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
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