0 Sec 3 Oaks & Georgetown Cary, IL 60013
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.