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Property profile & analytics
OFF-MARKET
Land

14 Lucus Rd & Rte Crystal Lake, IL 60012

48.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 48.52-acre parcel presents a unique investment opportunity in Crystal Lake, Illinois. Located at the highly visible intersection of Lucas Road and Route 14, this property boasts over 3,000 feet of combined frontage. The site is strategically positioned across from McHenry County College, making it ideal for various development projects. The land is zoned AG, offering flexibility for future uses. A portion of the property (approximately 13.5 acres) is currently farmed, while another section is partially wooded. Approximately 16 acres are considered undevelopable. Given its location and size, this land is well-suited for commercial or residential development, including potential student housing or apartment complexes. The asking price is $4,800,000. The property's APN is 13-25-300-020. This prime location offers significant potential for substantial returns. The property's address is Lucas Road & Route 14, Crystal Lake, IL 60012, within McHenry County.

Property profile
Verified
Property type Land
Lot 48.52 ac (2,113,531 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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