0 Ackman Rd Village of Lakewood, IL 60156
This exceptional 4.37-acre commercial land parcel presents a remarkable opportunity for developers seeking high-visibility placement in a thriving residential area of Lake in the Hills, Illinois. Located at the highly visible southeast corner of Ronan and Ackman Roads, the site is already graded and prepared for immediate development. Its prime location offers unparalleled exposure to a substantial residential population, complemented by the presence of established local retailers and amenities. The property's versatility allows for a wide range of development possibilities, including retail, office, medical facilities, health clubs, restaurants, grocery stores, schools, pharmacies, or senior housing. The surrounding area boasts newer homes and a strong sense of community. Across the street sits the scenic Redtail Golf Course, adding to the area's appeal. Nearby businesses include well-known establishments such as The Goddard School, Lou Malnati's Pizza, Anytime Fitness, and The Algonquin Academy of Dance, further enhancing the site's desirability and potential for success. The asking price for this exceptional development opportunity is $499,000. This property is situated in McHenry County, Illinois, with a zip code of 60156. Don't miss this chance to capitalize on a prime location in a rapidly growing community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.