Property summary
This exceptional 80-acre development opportunity in McHenry County, Illinois, presents a compelling investment prospect. Comprising four parcels (APN: 09-15-200-004, 09-14-151-005, 09-15-200-007, 09-15-200-008), this property is strategically located off busy Richmond Road, just north of an existing subdivision, in Lakemoor, IL, zip code 60051 (latitude 42.3508086, longitude -88.2363819). Currently zoned A-1 and used for agricultural purposes, the land offers significant potential for residential development. The substantial acreage allows for subdivision, making it ideal for a large-scale project. The asking price for this expansive tract is $2,500,000. Its prime location and considerable size make this a rare and highly attractive opportunity for developers seeking a substantial land acquisition in a rapidly growing area. The property's proximity to US-31 and its adjacency to an established residential area further enhance its development potential. This is a unique chance to acquire a significant parcel of land with exceptional potential for future growth and profitability.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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