Address
7318 W IL Route 120, McHenry, IL
Price
$ 2,245,000
Property Attributes
  • MLS#11105015
  • TypeFarm
  • CountyMC HENRY
  • CityMcHenry
  • AreaHoliday Hills - Johnsburg - McHenry - Lakemoor - M
  • Zip60050
  • StyleAgricultural
  • Taxes$ 9140
  • Price$ 2,245,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size28.31 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Motivated Seller. New residential construction is quickly approaching this valuable, Splendid 28 acre parcel on MAJOR traffic lighted intersection with endless commercial/residential potential. Sewer and water available to property Line. Adjacent to Stonewater subdivision that is currently under development, 3,000 homes. 1st Phase of homes being sold. Supermarket with outbuildings, gas station, restaurant, senior housing, hotel all possible on the corner lot and plenty of room for residential development on the balance of the land. Owner will also consider selling a smaller portion or doing a land lease. Possible PUD, possible joint venture. Get in on the ground floor!!!

Price History
11/30/2023 Listed $2,245,000

General Features

Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water to Site
Possession Closing
Zoning OTHER
Township McHenry
Tax Year 2022
Current Use Agricultural
Percent Ownership Fee Simple
County Mc Henry
Property Type Farm
Possible Use Commercial,Estate,Development,Residential,Multi-Family,Single Family,Retail,Zoning Change Required
Status Active
Directions From McHenry,go west on Route 120. PIQ is the Northeast Corner of Route 120 and East Wonder Lake/Ridge Road
City McHenry
High School District 156
MLS Area Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
Waterfront Y/N No
Street Name IL Route 120
Tax Annual Amount 9140.54
Additional Parcels Y/N No
Days on Market 923
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
Property Type Land

Exterior Features

Lot Dimensions 1278X950
Lot Size Acres 28.31
Road Surface Type Asphalt
Frontage Length 1278
Frontage Type State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Farm Average in 60050

Price
AVG $1.2M
$2.25M
Taxes
AVG $3,788
$9,140
Visits
AVG 203
341
Data Provided by Inside Real Estate®

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