Property summary
This exceptional 44-acre commercial land portfolio in Lakemoor, Illinois, presents a unique redevelopment opportunity. The property includes four parcels, encompassing two large industrial buildings (totaling 21,000+ sq ft), a 1,400 sq ft multi-purpose building, and a residential building. The site boasts flexible zoning, allowing for diverse development options, including residential, commercial, and industrial uses. Existing infrastructure includes municipal sewer, a private water system… with three on-site wells, and a pumping station. The property is situated on the south shore of Lily Lake, offering beautiful waterfront views and proximity to a walking trail, docks, and visitor parking. Strategically located near major highways (Illinois Route 120, US Route 12, and I-94), the property enjoys convenient access to retail amenities, Walmart Supercenter, and Northwestern Medicine McHenry Hospital. The surrounding area exhibits strong demographics, with a high average household income and significant consumer spending within a five-mile radius. This prime location, combined with the flexible zoning and existing infrastructure, makes this portfolio an attractive investment for developers seeking a variety of development possibilities. The property also includes approximately 25 acres of Lilly Lake. The 15,000 sq ft Fritzsche Road building features nine units, fenced storage, and overhead doors. The 11,000 sq ft building at 303 Herbert Road is currently leased, providing immediate revenue potential. The 1,400 sq ft building at 325 Herbert Road is suitable for office or storage use. Additional acreage is available for commercial development along high-traffic US 120. The asking price is $3,200,000, with a land value of $118.20 per square foot.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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