Il Rt 47 & Ml St Huntley, IL 60142
- Commercial real estate
- 108.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Il Rt 47 & Ml St
- Lot size
- 108.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 108-acre property, located at 12220 Main St, Huntley, IL 60142, presents a significant development opportunity. Situated in McHenry County, this land is zoned AG and offers the potential for diverse uses given its agricultural and residential subtypes. The asking price is $5,725,000. The parcel is part of a larger 413-acre contiguous area, allowing for potential subdivision. Its strategic location is less than half a mile from downtown Huntley, providing convenient access to amenities and infrastructure. Utilities are readily available on-site, and preliminary engineering studies (PEs) are accessible. While there are no special service area (SSA) or county impact fees, a recapture agreement is in place. This property represents a unique chance to acquire a substantial land holding with significant development potential in a rapidly growing area. The property's size and location make it ideal for a variety of projects, from residential subdivisions to commercial developments. Interested parties should be aware of the existing recapture agreement. Detailed information regarding the agreement is available upon request.
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
- Huntley
- County
- McHenry
- State
- Illinois
- Longitude
- -88.437305
- Latitude
- 42.171358
