914 Front St McHenry, IL 60050
This exceptional 2+ acre commercial development site is strategically located on Route 31 in McHenry, Illinois, offering unparalleled visibility and accessibility. The property boasts 239 feet of frontage on Route 31, placing it within the heart of McHenry's bustling business corridor. Zoned C-5, this parcel presents a multitude of development opportunities, ideal for high-end retail, convenience services, or mixed-use projects. All utilities are readily available on-site, simplifying the development process. Its convenient location offers easy access to the Metra commuter rail, local shopping centers, and a variety of restaurants, enhancing its appeal to both businesses and customers. The property's 2022 appraised value was $1,150,000, significantly exceeding the current asking price of $750,000. Furthermore, a clean Phase II environmental assessment was completed in 2022, providing peace of mind for potential developers. The parcel's APN is 09-35-105-001. This is a rare opportunity to acquire a highly desirable development site in a thriving market. The land value is $10.88 per square foot. Don't miss this chance to capitalize on this prime location and significant price reduction. The address is 914 Front St, McHenry, IL 60050.
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
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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.