5804 Terra Cotta Rd, Crystal Lake, IL 60014
This exceptional 3.85-acre parcel, located at 5804 Terra Cotta Rd, Crystal Lake, IL 60014, presents a compelling investment opportunity. Currently zoned for single-family residential use, this property offers significant potential for redevelopment. The four adjacent single-family zoned parcels provide an opportunity for a larger-scale project. The site's proximity to both middle and high schools within a one-mile radius adds to its appeal. The land itself is gently sloped and features tree lines along its northern and western boundaries, offering a degree of natural screening and aesthetic appeal. The location in McHenry County, Illinois, provides access to established infrastructure and amenities. Given its size and zoning, this property is well-suited for various development scenarios, making it an attractive proposition for builders, developers, or investors seeking a prime location for residential construction. The asking price is $999,999. Serious inquiries are encouraged to explore the possibilities of this unique land offering. The property's potential for rezoning, given its adjacency to multifamily properties, should be considered a key factor in evaluating its long-term value.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.