Haligus Rd Lake in the Hills, IL 60142
- Land
- 38.38 lot acres
Current Use by Public Records
- Land
Property Details for 0 Haligus Rd
- Lot size
- 38.38 lot acres
- Property type
- Land
Description
This exceptional 38.38-acre commercial land parcel presents a unique investment opportunity in Huntley, Illinois. Located in McHenry County, the property boasts a highly desirable RE-1 (PUD) zoning designation, ideal for various commercial developments. The site is strategically positioned near the intersection of Haligus Road and Dundee-Huntley Road, benefiting from significant daily traffic counts of 6,350 vehicles on Dundee-Huntley Road and 3,450 vehicles on Haligus Road. Its proximity to Northwestern Huntley Hospital further enhances its appeal. The land's potential is underscored by the recent completion of a nearby development by MI Homes, which includes the construction of 173 new single-family homes. This development highlights the area's strong residential growth and demand. The property is divisible, offering flexibility for various project sizes. The parcel's APN is 18-34-100-016, and a recapture for roadway improvements is in place, not to exceed $240,000. The asking price is $45,000 per acre. This prime location, coupled with its zoning and surrounding development, makes this a compelling investment opportunity. Detailed information and site plans are available upon request.
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
- Lake in the Hills
- County
- McHenry
- State
- Illinois
- Longitude
- -88.4019
- Latitude
- 42.1972
