3118 Chapel Hill RdJohnsburg, IL 60051

  • Commercial real estate
  • 1.03 AC
For Sale
$129,000 View listing

Property Details for 3118 Chapel Hill Rd

Lot size
1.03 AC
Property type
Commercial real estate
APN
10-18-356-006
APU
1018356006

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,166
$25,975
-
$25,975
-
$77,925
-
$77,925

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