7318 W IL Route 120 McHenry, IL $ 2,245,000
7318 W IL Route 120
$ 2,245,000
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7318 W IL Route 120

McHenry, IL, 60050
$ 2,245,000
Baths0.0

Monthly Estimate*

$ 15,682

7318 W IL Route 120, McHenry, IL 60050 - Image 1
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7318 W IL Route 120, McHenry, IL 60050 - Image 8
7318 W IL Route 120, McHenry, IL 60050 - Image 9
7318 W IL Route 120, McHenry, IL 60050 - Image 10
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Studio Farms/Ranches for sale in McHenry, IL for $2,245,000. The lot size is 28.31.

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!!!

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Farms/Ranches Active

Price

$ 2,245,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 9,140

Style

Agricultural

Lot Size

28.31

Town/City

McHenry

County/Region

MC HENRY

MLS | Web ID

11105015

Features
General
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 Land
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 N
Street Name IL Route 120
Tax Annual Amount 9140.54
Additional Parcels Y/N N
Days on Market 923
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
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Exterior
Total Parking 0
Lot Dimensions 1278X950
Lot Size Acres 28.31
Road Surface Type Asphalt
Frontage Length 1278
Frontage Type State Road
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Interior
Total Baths 0
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* Excluded Features
List By
Re/Max Plaza

Broker

jrs@mc.net

Email

Affordability Calculator

$16,444
Per Month
95%
5%
0%
Monthly Principal & Interest
$15,682
Monthly Property Taxes
$762
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566200 Elementary School
567678 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/30/2023$2,245,000 Listed Price

Map


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7318 W IL Route 120, McHenry, IL, 60050 is a Farms/Ranches for sale at $2,245,000 with a lot size of 28.31. 7318 W IL Route 120 is a studio with 0.0 baths. The property's zip code is 60050 which is in McHenry, IL