Us-31 Lakemoor, IL 60051
- Land
Current Use by Public Records
- Land
Property Details for 0 Us-31
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakemoor
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2364
- Latitude
- 42.3508
