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4601884
4601882

US-14, Cary, IL 60013

Wagner Commercial LLC
Listed by Wagner Commercial LLC
$3,000,000
808 days on market
Updated 75 days ago

23 Acres River Front Property - Route 14 - Cary IL

Details
Property Type Land
Sub Type Commercial, Residential
Acreage 23.000

Riverfront Development Prop. – 23 acres on US Rte 14, Cary IL

Marketing description

Discover the Potential of Prime Real Estate on Illinois Route 14 : 23 Acres on the Fox River in Cary, Illinois.

Nestled in the charming Village of Cary, Illinois, a unique opportunity awaits savvy investors and visionary developers. This expansive 23-acre parcel of land, strategically located along the picturesque Fox River and Illinois Route 14, presents a prime investment opportunity at an attractive price point of $3 million. With nearly 12 buildable acres, this property is not just a piece of land; it’s a canvas for potential development in a flourishing community.

Why Invest in Cary, Illinois?

Cary, a vibrant Village in McHenry County, is known for its beautiful landscapes and strong community spirit. With its proximity to major transportation routes, including the Metra train line, residents enjoy easy access to Chicago and other metropolitan areas while still relishing the tranquility of suburban life. The Village of Cary boasts an array of amenities, including parks, recreational activities, and a thriving downtown area, making it an appealing destination for families and businesses alike.

Key Features of the Property

1. Prime Location: Situated on Illinois Route 14, the property benefits from high visibility and easy accessibility. The Fox River adds an element of natural beauty, enhancing the appeal for potential residential or commercial developments.

2. TIF District Inclusion: Being located within a Tax Increment Financing (TIF) district is a significant advantage. This designation can provide financial incentives for development, including funding for infrastructure improvements and potential property tax rebates. Such benefits can greatly enhance the return on investment for developers.

3. Buildable Acres: With nearly 12 acres designated as buildable land, the possibilities are vast. Whether you envision residential housing, commercial spaces, or a mixed-use development, the property offers the flexibility needed to bring your vision to life. Considerable recent engineering and boring test has been completed on the property confirming the buildable acreage.

4. Natural Beauty and Recreational Opportunities: The Fox River provides not only stunning views but also recreational activities such as fishing, boating, and hiking. These attributes can significantly enhance the quality of life for future residents or patrons of any commercial venture.

5. Community Growth: Cary is experiencing growth and development, making this an opportune moment to invest in the area. As new residents and businesses flock to the village, property values are likely to increase, providing the potential for substantial returns.

The Value Proposition

At $3 million, this property represents an excellent investment opportunity in a growing community. The combination of location, buildable land, and TIF benefits makes it a competitive offer in today’s market. With the right vision and development strategy, this parcel can transform into a thriving hub that serves the needs of Cary’s expanding population.

Conclusion

For those looking to invest in real estate that promises both immediate potential and long-term growth, the 23-acre property on Illinois Route 14 is a compelling option. Its prime location along the Fox River, combined with the economic advantages of being in a TIF district, offers a unique opportunity to capitalize on the ongoing growth of the Village of Cary.

Whether you’re a developer seeking your next project or an investor looking for a promising asset, this property is worth considering. As the community continues to flourish, the potential for success is both exciting and attainable. Don’t miss your chance to be part of Cary’s bright future — contact us today for more information and to schedule a tour of this exceptional property.

Rte 14/NW Hwy and Spring Beach Rd

Agent has Interest.

Listing Contacts

Wagner Commercial LLC
Listed by Wagner Commercial LLC

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