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Route 31 & Blake Road - Multi-Family, Senior Housing, Commercial 11 Acres of Commercial Land Offered at $5,328,221 CAD 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 $5,328,221 CAD
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 Centre
  • Funeral Home
  • Garden Centre
  • Healthcare
  • Health Club
  • Hotel
  • Medical
  • Motel
  • Planned Unit Development
  • Rehabilitation Centre
  • 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 $5,328,221 CAD
Price Per AC $484,383.71 CAD
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).

  • Listing ID: 24478916

  • Date on Market: 2021-11-12

  • Last Updated:

  • Address: Route 31 & Blake Road, Mchenry, IL 60050

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