14
See all 14 photos
$2,245,000
Est. payment /mo
28.31 Acres Lot
Active
7318 W IL Route 120 Mchenry, IL 60050
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UPDATED:
08/17/2024 08:17 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11105015
Annual Tax Amount $9,140
Tax Year 2022
Lot Size 28.310 Acres
Lot Dimensions 1278X950
Property Sub-Type Land
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!!!
Location
State IL
County Mchenry
Area Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom Lake / Sunnyside / Ringwood
Zoning OTHER
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Building
Dwelling Type Land
Schools
School District 15 , 15, 156
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://youtu.be/SaAdC7oiCgE
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Listed by James Schaid • RE/MAX Plaza
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "