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Property profile & analytics
OFF-MARKET
Land

0 Blake Rd McHenry, IL 60051

26 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 26 ac (1,132,560 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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