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-$45,000/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 $1.22 psf.
Commercial, Planned Unit Development, Residential-Multi-Family, Residential-Single Family, Retail
Electric to Site, Gas to Site
Taxes & Fees
$7, 397 (2017)
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.
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