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Route 31 & Blake Road - Multi-Family, Senior Housing, Commercial 11 Acres of Commercial Land Offered at $3,833,280 in Mchenry, IL 60050

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Investment Highlights

IDEAL FOR MULTI-FAMILY HOUSING - Next Door to Brand New Apartment Community

Executive Summary

11 Acres - MANY POSSIBLE USES! APARTMENTS, MULTI-FAMILY, SENIOR HOUSING, ASSISTED LIVING, NURSING HOME, COMMERCIAL, CELL TOWER, OFFICE, MEDICAL. Contiguous to the NEW 288 Unit Apartment Community Completed in March 2023. Also, see Listing for the 26 Acre parcel to the North of this property "Parking, Boat, RV, Storage & More!". Ownership will consider dividing the property. FOR ADDITIONAL INFORMATION CALL/TEXT BROKER at 8473223566
Broker Owned

Property Facts

Price	$3,833,280	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Industrial Retail Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Daycare Center Funeral Home Garden Center Healthcare Health Club Hotel Medical Motel Planned Unit Development Rehabilitation Center Religious Facility Schools Self Storage Specialty, Festival or Entertainment Storefront, Retail or Residential Veterinarian or Kennel Warehouse
No. Lots	1	Total Lot Size	11.00 AC
Property Type	Land

Price	$3,833,280
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Daycare Center Funeral Home Garden Center Healthcare Health Club Hotel Medical Motel Planned Unit Development Rehabilitation Center Religious Facility Schools Self Storage Specialty, Festival or Entertainment Storefront, Retail or Residential Veterinarian or Kennel Warehouse
Total Lot Size	11.00 AC

1 Lot Available

Lot

Price	$3,833,280	Lot Size	11.00 AC
Price Per AC	$348,480.00

Price	$3,833,280
Price Per AC	$348,480.00
Lot Size	11.00 AC

11 Acres - MANY POSSIBLE USES! SENIOR HOUSING, ASSISTED LIVING, NURSING HOME, COMMERCIAL, CELL TOWER, OFFICE, MEDICAL, MULTI-FAMILY (contiguous to a NEW 288 Unit Apartment Community completed in 2023).

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(847) 322-3566

Contact

Brian Coleman
Brian Coleman & Associates

Listing ID: 24478916
Date on Market: 11/12/2021
Last Updated:
Address: Route 31 & Blake Road, Mchenry, IL 60050

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Route 31 & Blake Road, Mchenry, IL for sale Primary Photo- Image 1 of 3 — Primary Photo

Route 31 & Blake Road, Mchenry, IL for sale Building Photo- Image 2 of 3 — Building Photo

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