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    8920 Lucas Rd Crystal Lake, IL 60012

    • Land
    • 0.85 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8920 Lucas Rd

    Lot size
    0.85 lot acres
    Property type
    Land

    Description

    This exceptional 0.85-acre commercial land parcel is ideally situated at 8920 Lucas Rd., Crystal Lake, IL 60012, in McHenry County. Boasting a prime corner location with a traffic signal, this property offers unparalleled visibility from Route 14. Its proximity to McHenry County College ensures high traffic volume and excellent exposure for any commercial development. The lot's size provides ample space for a variety of projects, making it a highly attractive investment opportunity. The property's easy accessibility further enhances its appeal. Annual property taxes are $4,754.48. This is a rare chance to acquire a strategically located commercial lot with significant development potential in a thriving area. The address is easily accessible and highly visible, making it an ideal location for businesses seeking maximum exposure. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The asking price for this remarkable opportunity is $450,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crystal Lake
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3728
    Latitude
    42.26

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    8920 Lucas Rd
    Crystal Lake, IL 60012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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