You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

31 State Rte Ringwood, IL 60072

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the rapidly growing area between McHenry and Richmond, Illinois. Strategically located on the east side of busy State Route 31, between Craftwell and Mann Roads, this flat, cleared property is zoned Industrial-1 with permitted B-3 uses. Currently used for farming, the land offers significant potential for various commercial developments. The dimensions are approximately 330 feet by 660 feet. Utilities such as gas and electric are readily available in the vicinity. While water and sewer are not currently on-site, the property's prime location and zoning make it an attractive prospect for businesses seeking convenient access to major transportation routes. The property includes a shared easement with an adjacent parcel; details are available in supplemental documents. The asking price for this exceptional property is $399,900. The APN is 0904400011. This is a remarkable chance to acquire a substantial tract of land in a thriving commercial corridor. Don't miss this opportunity to capitalize on the area's growth potential.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 31 State Rte?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message