4450 Bull Vly Rd Mchenry, IL 60050-7495
- Commercial real estate
- 0.70 lot acres
Oct 30, 2024
Current Use by Public Records
- Commercial real estate
Property Details for 4450 Bull Vly Rd
- Lot size
- 0.70 lot acres
- Property type
- Commercial real estate
- APN
- 14-03-276-009
- APU
- 1403276009
Description
This exceptional McHenry, IL investment opportunity encompasses a 3.44-acre commercial property ideally situated along Bull Valley Road, just west of Route 31. The property boasts twelve fully leased industrial condos, generating consistent rental income, and a separate office building, ensuring a diverse revenue stream. The site also includes two vacant lots, presenting significant development potential. Lot 1 spans 1.06 acres, while Lot 2 covers 0.45 acres, offering ample space for expansion or the creation of new projects. The existing industrial condos total 17,590 square feet and are currently under lease. Permitted uses for the property include motor vehicle shops, sales, repair, warehousing, storage, and distribution. Conditional uses allow for motor/rail freight terminals and automobile service stations. The high-traffic location ensures excellent visibility and accessibility, making this a prime investment for those seeking a turn-key income property with substantial growth opportunities. The property's strategic location and diverse offerings make it an attractive proposition for both investors seeking steady returns and developers envisioning future expansion. This is a rare chance to acquire a well-established, income-producing property with significant upside potential. The asking price is $1,600,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Mchenry
- County
- Mchenry
- State
- Illinois
- Longitude
- -88.2816
- Latitude
- 42.3217
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA