Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Of Rt 47 Huntley, IL 60142
    Back to Search
    Property profile & analytics

    Of Rt 47 Huntley, IL 60142

    View on Map
    • Land
    • 15.96 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Of Rt 47

    Lot size
    15.96 lot acres
    Property type
    Land

    Description

    Exceptional investment opportunity: 15.96 acres of commercial land in Huntley, Illinois, available for $1,596,000. This property consists of two parcels (PIN 02-04-335-001 & 02-04-330-001), totaling approximately 11.46 acres and 4.5 acres, zoned R-4 (PUD) Townhouses Residence District. Ideally situated just north of the I-90/Route 47 full interchange, this location offers unparalleled access to major transportation arteries. Experience high traffic counts, with 25,200 vehicles daily on Route 47 and 51,200 on I-90. The property benefits from its proximity to Huntley Springs Retirement Independent Living Community and is within 30 miles of O'Hare Airport, providing convenient access for residents and employees. A strong labor pool and location within Foreign Trade Zone Incentive #176 add further value. Annual property taxes are $155 and $80, respectively, for each parcel. This prime location presents a unique chance to develop a thriving townhouse community. Contact us today for additional information and to explore this exciting opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Huntley
    County
    McHenry
    State
    Illinois
    Longitude
    -88.4274
    Latitude
    42.1755

    Comparable in this City

    • Value Estimation by Request
      3.80 Acres

      12101 Il-47

      Land • 3.80 Acres
      12101 Il-47, Huntley, IL 60142
      View Details
    • Value Estimation by Request
      2.95 Acres

      IL-47 And Regency Pkwy

      Land • 2.95 Acres
      IL-47 And Regency Pkwy, Huntley, IL 60142
      View Details
    • Value Estimation by Request
      12.20 Acres

      47 Illinois Rte

      Land • 12.20 Acres
      47 Illinois Rte, Huntley, IL 60142
      View Details
    • Value Estimation by Request
      1.21 Acres

      Huntley IL Rte 47 & Freeman Rd

      Land • 1.21 Acres
      Huntley IL Rte 47 & Freeman Rd, Huntley, IL 60142
      View Details
    • Value Estimation by Request

      10696 Il Rt 47 Hwy

      Land
      10696 Il Rt 47 Hwy, Huntley, IL 60142
      View Details
    • Value Estimation by Request
      4.59 Acres

      Farm Hill Dr

      Land • 4.59 Acres
      0 Farm Hill Dr, Huntley, IL 60142
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Huntley Development Opportunity

      4.59 AC lot in Huntley's Business Park.
      Farm Hill Dr, Huntley, IL 60142
      View Details
    • $1,990,000
      10.00 Acres

      Prime Huntley Commercial Land

      10 Acres, Downtown Huntley, IL
      0 Main Street Rd, Huntley, IL 60142
      View Details
    • $500,000

      Land Available For Sale

      Land available for sale in Lake In The Hills, IL.
      In The Lk, Huntley, IL 60142
      View Details
    • Contact for pricing

      Land For Sale

      3.8 acres of land available for sale.
      12101 Il-47, Huntley, IL 60142
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Freeman Rd, Huntley, IL 60142
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale on North Illinois Route 47.
      North Illinois Rte 47, Lake in the Hills, IL 60142
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,800 SF

      I-90 Frontage Industrial Land

      Land with I-90 frontage, heavy zoning, and outside storage.
      13800 George Bush Ct, Huntley, IL 60142
      View Details
    • Contact for pricing

      Build-to-Suit Opportunity in Huntley, IL

      177,320 SF build-to-suit on 11.6 acres with I-90 frontage.
      14401 Commerce Ct, Huntley, IL 60142
      View Details
    • $18 SF/Yr

      Huntley Office/Medical Space For Rent

      Prime office/medical space in a recently renovated Huntley building.
      13300 Il Route 47, Huntley, IL 60142
      View Details
    • $6 SF/Yr
      Pending

      Renovated Industrial Space Available

      67,700 SF renovated industrial space with office for lease.
      11220 Main Street Rd, Huntley, IL 60142
      View Details
    • Contact for pricing

      Industrial Building with I-90 Frontage

      211,750 SF industrial space for lease in growing Chicagoland community.
      14200 Commerce Ct, Huntley, IL 60142
      View Details
    • Contact for pricing

      I-90 Interchange Distribution Space

      New construction distribution space with cross-dock configuration and secure site.
      14351 Weber Dr, Huntley, IL 60142
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Of Rt 47
    Huntley, IL 60142
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Of Rt 47, Huntley, IL, 60142
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!