1909 State Rte McHenry, IL 60050
This exceptional 234.63-acre parcel, located at 1909 S. IL Route 31 in McHenry, Illinois (zip code 60050), presents a unique opportunity for mixed-use development. Currently zoned A1, the property boasts partial on-site utilities, significantly reducing infrastructure costs. Its strategic location offers convenient access to Route 12 via Route 31, providing excellent connectivity. The property's expansive size allows for a variety of development options, including single or multi-family residential, retail, and light industrial uses, subject to necessary approvals. The potential for rail access further enhances its appeal. Situated in McHenry County, this land benefits from low property taxes, creating an attractive investment climate. The master-planned annexation for I-1 (Light Industrial) zoning within McHenry adds to the property's versatility and future development potential. The asking price is $30,000.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.