1510 Illinois Rte McHenry, IL 60050
- Land
Current Use by Public Records
- Land
Property Details for 1510 Illinois Rte
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 4.2-acre development site in McHenry, Illinois, presents a unique investment opportunity. Located at 1510 S Illinois Rte 31, this property boasts 345 feet of frontage on Route 31, a major business corridor experiencing a daily traffic count of 18,800 vehicles. The land is zoned I-1, offering versatility for various commercial and industrial uses. Utilities are conveniently located adjacent to the site, simplifying development. The relatively flat, non-wooded parcel is situated in a low-risk flood area, free from wetlands and floodplains. This presents a low-risk development opportunity. The property comprises two parcels and is currently assessed based on its agricultural use. The asking price is $450,000, translating to $2.58 per square foot. The property's location in McHenry County, Illinois, zip code 60050 (latitude 42.3074219, longitude -88.2817086), and its APN is 14-10-277-002. This site offers significant potential for developers seeking a high-visibility location with excellent access and minimal environmental concerns. The adjacent American Community Bank further enhances the area's commercial viability.
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
- McHenry
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2817
- Latitude
- 42.3074
