This exceptional 2.63-acre commercial land parcel, located at 975 Lake Ave & Route 47 in McHenry County (APN 13-09-302-001), presents a unique leasing opportunity. Zoned B2, this single-tenant property boasts a total area of 114,563 square feet and offers unparalleled visibility due to its strategic location on high-traffic Route 47, experiencing 13,600 vehicles per day, and Lake Avenue, with 6,700 vehicles per day. The property is currently vacant and ready for immediate development. Ideal for businesses seeking high exposure and convenient access. A minimum one-year lease is required. The monthly gross lease rate is $5,450. This is a rare chance to establish a presence in a thriving commercial area with significant daily traffic volume. Don't miss this opportunity to secure a prime location for your business. Serious inquiries only. Contact us to schedule a site visit and discuss your business needs.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$23,677,182
Hospitality
$21,688,170
Educational
$18,044,304
Medical
$18,664,874
Retail
$28,068,916
Location Insight
City
Woodstock
County
Mchenry
State
Illinois
Latitude
42.3045
Longitude
-88.4329
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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