Mchenry, IL 60050,7318 W IL Route 120
Mchenry, IL 60050,7318 W IL Route 120
Mchenry, IL 60050,7318 W IL Route 120
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$2,245,000
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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 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

Zoning OTHER

Interior

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Waterfront false

View Y/N true

Schools

School District 15, 15, 156

Others

Ownership Fee Simple

Special Listing Condition None


Listed by James Schaid • RE/MAX Plaza

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Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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7318 W IL Route 120