MLS® ID: 09738114

7318 West Illinois Route 120

MCHENRY, Illinois, 60050

$1,250,000 Active
  • - SQFT
28.31 Acres (divisible) 28 acre AG zoned property at signalized intersection with commercial/residential development potential. Suitable for gas station, restaurant, hotel, assisted living, landscaper, etc. Possible joint venture. Can annex to Wonder Lake (where it is adjacent to Thatcher Meadow Development) or City of McHenry. 2 houses and out buildings on property can generate $35-$60,000/yr in income, so a 1031 buyer can park money here and earn income. Seller will consider splitting off 2-5 acre corner. Traffic count on Route 120 is 15,000 cars per day! Only $1.01 psf.
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Listing courtesy of Premier Commercial Realty

Amenities

  • Zip
    60050
  • Office name
    Premier Commercial Realty
  • Bedrooms
    0
  • Full baths
    0
  • Half baths
    0
  • Property type
    Land
  • Year built
    0
  • Lot size
    25.0-99.99 Acres
  • Waterfront
    No
  • Tax year
    2017
  • Office ID
    37217
  • Agent ID
    370309
  • Agent name
    Bruce Kaplan
  • Tax amount
    $ 7397.6
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m

Location

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