14 Lucus Rd & Rte Crystal Lake, IL 60012
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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