This ±1-acre commercial lot in Johnsburg, IL (APN 10-18-356-006), is ideally situated near the Fox River and Pistakee Bay, offering exceptional visibility and access to a thriving community. Zoned B1, this property presents a unique opportunity for various commercial ventures, including retail, specialty shops, and entertainment establishments. Its proximity to the popular Chapel Hill Golf Club and other dining and entertainment venues ensures high foot traffic and strong potential for success. The property's location just south of the river further enhances its appeal. This parcel is listed at $129,000 and presents an excellent investment opportunity for developers and entrepreneurs seeking a prime location in a growing area. The possibility of acquiring adjacent parcels (sold separately) to expand the total acreage to approximately 7 contiguous acres provides significant potential for large-scale development. This land offers a rare chance to establish a successful business in a desirable location with strong community ties and recreational attractions nearby. The address is 3118 N Chapel Hill Rd, Johnsburg, IL 60051.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$9,239,563
Hospitality
$8,463,390
Educational
$7,041,441
Medical
$7,283,607
Retail
$10,953,353
Location Insight
City
Mchenry
County
Mchenry
State
Illinois
Latitude
42.3735
Longitude
-88.2338
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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