0 Blake Rd McHenry, IL 60051
This exceptional 26-acre parcel presents a unique investment opportunity in McHenry, Illinois. Located on Blake Road, Johnsburg, with a 60051 zip code, this property boasts a highly desirable Commercial (C-5) zoning designation within the City of McHenry. Its versatile zoning allows for a wide range of commercial uses, including truck parking, outdoor storage, boat and RV storage, mini-warehouse facilities, cell tower placement, cemetery development, and even cannabis cultivation. The expansive lot size offers significant potential for large-scale projects. The property's strategic location is further enhanced by its proximity to a newly constructed 288-unit apartment complex, projected to be fully occupied in 2022, creating a strong potential customer base. The seller will consider dividing the property, offering flexibility for various development scenarios. This property is situated near Illinois Route 31, providing excellent accessibility and visibility. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area with diverse development possibilities. Serious inquiries only.
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.