5510 Kenosha St Richmond, IL 60071
- Land
- 19,166 SF
- 0.43 lot acres
Current Use by Public Records
- Land
Property Details for 5510 Kenosha St
- Lot size
- 0.43 lot acres
- Property size
- 19,166 SF
- Property type
- Land
Description
This exceptional 0.43-acre vacant land parcel presents a unique investment opportunity in the thriving downtown Richmond, Illinois area. Located at 5510 Kenosha Street, this property boasts desirable access from Illinois Route 173, east of the heavily trafficked intersection of Routes 12 and 173. Its strategic position offers significant visibility and accessibility, benefiting from the high volume of traffic along this major corridor connecting Chicago to the popular Lake Geneva and Chain of Lakes region. The lot is adjacent to business zoning on the west and south sides (across the street), providing considerable development potential. Richmond's vibrant downtown district, known for its antique shops, retail stores, and restaurants, creates a dynamic and attractive environment for businesses. This area is experiencing a notable business boom, fueled by the growth of vacation-style retail and businesses. The property's location also benefits from its proximity to the Hunter Country Club and Richmond Hunting Club, catering to a diverse clientele. The asking price for this exceptional property is $340,000. The total square footage is 19,166. This is a rare opportunity to acquire a strategically located parcel in a rapidly growing area with high potential for significant return on investment. Don't miss this chance to secure a piece of Richmond's burgeoning commercial landscape.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3049
- Latitude
- 42.4801
