Sec 3 Oaks & Georgetown Cary, IL 60013
- Land
- 6.67 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sec 3 Oaks & Georgetown
- Lot size
- 6.67 lot acres
- Property type
- Land
Description
This exceptional 6.67-acre commercial land parcel presents a unique investment opportunity in Cary, Illinois. Located at the intersection of Three Oaks and Georgetown Roads in McHenry County (zip code 60013), this relatively rectangular site boasts frontage on three roads, offering excellent visibility and accessibility. The property is zoned B-2, allowing for a variety of commercial uses. All utilities are available on-site, and off-site detention is in place, simplifying development. Previously bank-owned, the site has already undergone grading and engineering, saving significant time and expense for the buyer. The asking price is $1,145,000, representing a reduced price of $3.94 per square foot. This makes it an attractive option for various commercial ventures, such as a banquet facility or a medium-sized retail establishment. The property's strategic location at a signalized intersection ensures high traffic volume and exposure. This ready-to-develop site offers a streamlined path to construction, minimizing delays and maximizing return on investment. The property's rectangular shape allows for efficient site planning and development. This is a rare opportunity to acquire a well-prepared commercial site in a desirable location. The property includes three potential building pads.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cary
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2663
- Latitude
- 42.219
