Us-14 Cary, IL 60013
- Land
- 30.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us-14
- Lot size
- 30.00 lot acres
- Property type
- Land
Description
This exceptional 30-acre property in Cary, Illinois, presents a unique investment opportunity. Strategically located on US Route 14 and the picturesque Fox River, this land offers nearly 12 buildable acres, ideal for residential, commercial, or mixed-use development. The property's prime location ensures high visibility and easy accessibility, while its inclusion in a Tax Increment Financing (TIF) district provides significant financial incentives for development, including potential infrastructure improvements and property tax rebates. Extensive engineering and boring tests have confirmed the buildable acreage. The Fox River adds natural beauty and recreational opportunities, enhancing the property's appeal. Cary's vibrant community, strong growth, and proximity to major transportation routes, including the Metra train line, make this a compelling investment. Priced at $3,000,000, this 30-acre parcel offers substantial potential for return on investment, capitalizing on Cary's expanding population and thriving market. The combination of location, buildable land, and TIF benefits makes this a highly competitive offering. This property is situated near the intersection of Route 14 and Spring Beach Road.
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
- Cary
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2261
- Latitude
- 42.2043
