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Listing provided courtesy of Veza ConsultingMREDas Distributed by MLSGrid- MLS# 12021961MLS Provider

702 S Il Route 31McHenry, IL 60050

Vacant Land · 5.83 Acres
$1,250,000 Active

702 S Il Route 31 Overview

Time on Site:
816 days
Visits:
7

Amazing Development Opportunities! Directly across from Centegra Hospital with direct exposure and access to Route 31. Currently zoned commercial with multiple uses and can be annexed into McHenry City. Plat of Survey attached in documents section. Owner prefers a sale but will consider a long term ground lease.

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702 S Il Route 31 Facts & Features

  • Type Vacant Land
  • Lot 5.83 Acres

Details

General

School Information

  • School District: 156

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
  • Township: Nunda

Tax Information

  • Tax Annual Amount: $85.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1402302013
  • Possible Use: Commercial
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 350
  • Frontage Type: County Road
  • Lot Size Acres: 5.83
  • Lot Size Dimensions: 350 X 845
  • Road Surface Type: Dirt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby,Water Nearby

702 S Il Route 31 Neighborhood

Community

60050 (MCHENRY) Demographics

41
Median Age
1,108
Population Density (per sq. mile)
38%
College Educated
$74,557
Estimated Median Income
9,294
Estimated Total Home Owners
3,271
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

702 S Il Route 31 Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

702 S Il Route 31 Market Data

Based on the last 30 days in this zip code

$393,100
Average List Price
$192
Average Price per Square Foot
48
Properties Sold
39
Average Days on Market
90
Properties for Sale
Calculations provided by Reliance Network

702 S Il Route 31 History

Date Event Value Agent
4/10/2024Source: MRED Status Change
Active
4/5/2024Source: MRED Added to Database
April 05, 2024