Carol Juntunen Real Estate Team

7318 West Illinois Route 120
MCHENRY, IL 60050

Active

$1,250,000

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  • 25.0-99.99 s Acre

  • 1278X950 Dimensions

  • Agricultural/W Bldg Current Use

  • Yes Building on Land

  • 1,278 Front Footage

  • OTHER Zoning

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.
MLS#
09738114
Property Type
Land and Lot
Listed
Sep 1, 2017
price per sq ft
$1.01
original price
$1,750,000
price change
$500,000 ( 28.6%)

Additional Details

This listing 7318 West Illinois Route 120 Mchenry, Il 60050 is a land listing with on a lot of 1,233,184 sqft (or 28.31 acres). 7318 West Illinois Route 120 is located in Mchenry and in ZIP Code 60050. It has been listed on our site since 9/1/17.

Presented by

Carol Juntunen

  • Office 847.524.4444
  • Cell 224.523.2217

Listing Office

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