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7318 West Illinois Route 120 Mchenry, IL 60050 — Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood, Mc Henry County

  • beds
  • baths
  • sqft
  • ~28 acre lot
  • on site

28.31 Acres (divisible) 28 acre AG zoned property at signalized intersection with commercial/residential development potential. Suitable for gas station, restaurant, hotel, assisted living, landscaper, etc. Possible joint venture. Can annex to Wonder Lake (where it is adjacent to Thatcher Meadow Development) or City of McHenry. 2 houses and out buildings on property can generate $35-$60,000/yr in income, so a 1031 buyer can park money here and earn income. Seller will consider splitting off 2-5 acre corner. Traffic count on Route 120 is 15,000 cars per day! Only $1.01 psf. Schedule a Private Showing

Listing courtesy of MRED / Premier Commercial Realty

MLS# 09738114 — Report a problem

Property details for 7318 West Illinois Route 120

Last refreshed 2 minutes ago

Financial & Terms

Special Compensation:
Variable
Holds Earnest Money:
Yes
Ownership:
Fee Simple
Additional Information:
List Agent Must Accompany
Sale Terms:
Lease/Purchase, Land/Lease
Special Assessments:
Unknown
Possession:
Closing
Ownership Type:
Land Trust

Location

Directions:
From McHenry, go west on Route 120. PIQ is the Northeast Corner of Route 120 and East Wonder Lake/R
Area:
Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
County:
Mc Henry
Front Footage:
1278
Rail Availability:
None
Location:
Corner

The Property

Zoning:
OTHER
Property Type:
Land
Lot Dimension:
1278X950
Acreage:
28.31
Lot Size:
25.0-99.99 Acres
Farm:
Yes
Building(s) on Land:
Yes
Potential Use:
Commercial, Planned Unit Development, Residential-Multi-Family, Residential-Single Family, Retail
Current Use:
Agricultural/W Bldg
Farm Type:
Grain
Land Amenities:
Other
Approx Land SqFt.:
1,233,183 Sqft
Backup Info:
Aerial Map, Demographics, Floor Plans and Specs, Tax Bill, Traffic Counts
Frontage/Access:
State Road
Bldg Improvements:
Complete Set of Bldgs, House, House and Out Bldgs
Land Description:
Horses Allowed, Sloping, Tillable
Road Surface:
Asphalt

Listing Agent

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Agent phone:
(847) 854-2300
Office phone:
(847) 854-2300

Taxes

Year:
2017
Annual Taxes:
$7,397.60
Parcel ID:
0919400013
Lot Number:
09738114
Exemptions:
Senior

Baths

Basement Bathrooms:
No

The Listing

Status:
Active
Status:
Active
Last List Price:
$1,500,000
Original Price:
$1,750,000
Days on Market:
1821

Utilities

Utilities To Site:
Electric to Site, Gas to Site

Schools

Junior/High School District:
15
High School District:
156

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What it's like to live at 7318 West Illinois Route 120

Your commute

WalkScore®

Provided by WalkScore® Inc.

1

Car-Dependent

Internet Speed

Provided by BroadbandNow®

1000 Mbps

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Sale history for 7318 West Illinois Route 120

DateEventPrice% ChangeSource
Aug 27, 2018Price Changed$1,250,000-16.7%MRED
Feb 7, 2018Price Changed$1,500,000-14.3%MRED
Sep 1, 2017Listed / Active$1,750,000MRED

Schools near 7318 West Illinois Route 120

6

Valley View Elementary School

Public K-5

5

Parkland School

Public 6-8

8

Mchenry High School West Campus

Public 9-12

6

Valley View Elementary School

Public K-5

5

Harrison Elementary School

Public K-8

6

Greenwood Elementary School

Public 1-5

6

Riverwood Elementary School

Public K-5

N/A

Zion Lutheran School And Preschool

Private K-6

N/A

Ringwood School Primary Center

Public K-2

N/A

Fox Valley Christian School

Private 5-12

N/A

Montini Catholic School

Private K-8

5

Parkland School

Public 6-8

5

Harrison Elementary School

Public K-8

N/A

Zion Lutheran School And Preschool

Private K-6

N/A

Fox Valley Christian School

Private 5-12

N/A

Montini Catholic School

Private K-8

8

Mchenry High School West Campus

Public 9-12

N/A

Fox Valley Christian School

Private 5-12

N/A

Zion Lutheran School And Preschool

Private K-6

N/A

Fox Valley Christian School

Private 5-12

N/A

Montini Catholic School

Private K-8

* GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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The details on 7318 West Illinois Route 120: This land located in IL 60050 is currently for sale for $1,250,000. 7318 West Illinois Route 120 is a – square foot land with – beds and – baths that has been on Estately for 503 days. This land is in the attendance area of Valley View Elementary School, Parkland School, and Mchenry High School West Campus.

Listing courtesy of MRED, Premier Commercial Realty, and Bruce Kaplan.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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