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Property profile & analytics
OFF-MARKET
Land

6447 Il Rt 120 Pkwy McHenry, IL 60050

23.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 23.23-acre property presents a unique investment opportunity in McHenry, Illinois. Located at 6447 W Il Rt 120 Parkway, this land boasts a strategic position between Stonewater Parkway and N. Martin Road, offering convenient access to major roadways. The property's diverse zoning creates exciting possibilities. Approximately 57% (13.23 acres) is annexed into the City of McHenry and zoned agricultural, presenting significant potential for residential development given its proximity to the Stonewater residential community by DR Horton. The remaining 43% (10 acres), situated outside the current city limits of McHenry and Wonder Lake, is also zoned agricultural. The asking price for this expansive parcel is $1,890,000. This land offers a blend of established agricultural use and high potential for future development, making it an attractive proposition for investors seeking a versatile and strategically located asset in a thriving area of McHenry County, Illinois. The property's zip code is 60050. Detailed surveys and zoning information are available upon request.

Property profile
Verified
Property type Land
Lot 23.23 ac (1,011,899 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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