This exceptional 2.76-acre commercial land parcel presents a prime investment opportunity in McHenry County, Illinois. Located at the highly visible corner of Richmond Road and Running Brook Farm Boulevard, this B-3 zoned property benefits from exceptional visibility and accessibility. Richmond Road boasts an impressive 25,500 vehicles per day, ensuring significant exposure for any development. The site's strategic location within a thriving retail corridor is further enhanced by its proximity to a Walmart Supercenter and other major retailers, including Meijer, Jewel/Osco, Aldi, Michael's, The Room Place, and Binny's. This ensures a strong customer base and significant foot traffic. The property's 2.76 acres offer ample space for a variety of commercial developments, making it an ideal location for businesses seeking high visibility and convenient access to a dense population. The B-3 zoning allows for a wide range of commercial uses, providing flexibility for potential buyers or developers. This is a rare opportunity to acquire a well-located, sizable outparcel in a rapidly growing area with strong demographics and established retail presence. Don't miss this chance to secure a prime location for your next commercial venture. The property is situated in Johnsburg, IL, zip code 60051.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$38,401,868
Hospitality
$35,175,908
Educational
$29,265,940
Medical
$30,272,442
Retail
$45,524,796
Location Insight
City
Johnsburg
County
Mchenry
State
Illinois
Latitude
42.3693
Longitude
-88.2713
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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