Property profile

3118 Chapel Hl Rd Mchenry, IL 60051

OFF-MARKET
Other commercial real estate
Property ID
US28-5711874
1.03 ac lot
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a one-acre parcel of vacant commercial land located near the Fox River and Pistakee Bay boating community, as well as Chapel Hill Golf Club. It is zoned B1 and is suitable for retail, specialty, and entertainment uses that serve the local community and surrounding area. The parcel is situated just south of the river and near nearby dining and entertainment venues, and it has an estimated traffic volume of 10,150 vehicles per day on Chapel Hill Road. The site’s boundaries are part of a larger assemblage concept, with up to approximately seven contiguous acres potentially achievable through the acquisition of adjacent parcels that are separately listed.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.03 ac (44,706 SF)
APN 10-18-356-006
UPID US28-5711874

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3118 Chapel Hl Rd Mchenry, IL 60051
Mchenry metro Census 870702 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2005
1 recorded transaction
2005
$4,100

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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