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Route 31

234.63 Acres of Industrial Land Offered at $7,038,900 in Mchenry, IL 60050

Investment Highlights

  • Partial Utilities On Site
  • Low McHenry County Taxes
  • Right Off of Rt. 31 w/ Access to Rt. 176
  • Mixed Use Development
  • Potential Rail Served

Executive Summary

Entre Commercial Realty is pleased to announce the availability of a spacious 234.63-acre parcel located at 1909 S Route 31 in McHenry, IL. With a master-planned annexation for I-1 (Light Industrial) into McHenry and partial on-site utilities, this property presents a versatile opportunity for mixed-use development. It accommodates various uses, including but not limited to single or multi-family residential, retail, and more. With the potential for rail access and situated within a business-friendly environment, it presents an attractive investment prospect. Additionally, the property benefits from the advantageous low tax rates of McHenry County and enjoys convenient connectivity to Rt. 176 via Rt. 31.

Property Facts

Price $7,038,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
Total Lot Size 234.63 AC
Parking Ratio 1.58/1,000 SF
Cross Streets Bull Valley Rd

1 Lot Available

Lot

Price $7,038,900
Price Per AC $30,000
Lot Size 234.63 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-09-400-003
  • 14-10-451-007
Land Assessment
$36,670
Improvements Assessment
$0
Total Assessment
$36,670

zoning

Zoning Code A1
A1
  • Listing ID: 31093311

  • Date on Market: 3/1/2024

  • Last Updated:

  • Address: Route 31, Mchenry, IL 60050

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