120 / Chapel Hl Rd McHenry, IL 60050
- Land
- 96.88 lot acres
Current Use by Public Records
- Land
Property Details for 120 / Chapel Hl Rd
- Lot size
- 96.88 lot acres
- Property type
- Land
Description
This exceptional 96.88-acre commercial land parcel presents a unique development opportunity in McHenry, Illinois. Strategically located at the highly visible, signaled intersection of Route 120 and Chapel Hill Road, this property boasts 2,245 feet of highway frontage. The site is divisible into minimum 25-acre parcels, catering to various development plans. While the initial offering price is $239,580 per acre, adjustments may be considered based on parcel size and location. The remaining acreage is ideal for a variety of uses, including retail development (given its prime corner location), assisted living facilities, townhomes, apartments, and single-family residences. Utilities such as sewer and water are readily accessible nearby. The property's adjacency to a state park adds significant recreational appeal. The APN numbers are 10-31-151-030 and 10-31-301-002. This prime location offers unparalleled visibility and access, making it an exceptional investment opportunity. The property was originally 122.88 acres, with 26 acres already sold. This leaves 96.88 acres available for development.
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
- -88.3045
- Latitude
- 42.3223
