2212 Richmond Rd McHenry, IL 60051
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 2212 Richmond Rd
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
This exceptional 11-acre parcel in McHenry, Illinois, presents a unique investment opportunity with diverse development potential. Located at 2212 N Richmond Rd, 60051, this commercially-zoned land offers a range of possibilities, including multi-family residential, senior housing (assisted living or nursing home), medical facilities, office space, or even a cell tower. The property's strategic location is adjacent to the newly completed Authentix 288-unit apartment community (March 2023 completion), indicating strong market demand and potential for synergy. The seller will consider dividing the property, offering flexibility for various project scales. This property is ideal for developers seeking a prime location with high visibility and access to essential amenities. Consider this alongside the adjacent 26-acre parcel (separate listing) for even larger-scale development. The property is situated in McHenry County, Illinois, and offers significant potential for substantial returns. Serious inquiries are encouraged to explore the possibilities of this versatile and highly desirable land.
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
- McHenry
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2647
- Latitude
- 42.3588
