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Listing provided courtesy of Berkshire Hathaway HomeServices Starck Real EstateMREDas Distributed by MLSGrid- MLS# 12515923MLS Provider

7318 W IL W Route 120McHenry, IL 60050

Single Family · 28.31 Acres
$2,195,000 Active

7318 W IL W Route 120 Overview

Time on Site:
230 days
Visits:
6

Divisible 28 acre Corner Parcel on Lighted Intersection. Sewer and water to property Line. Route 120 Frontage: 1,280 SF. Relatively Flat, Low Risk Flood Area Void of Wetlands and Floodplains. High Traffic Counts, Very Close to Stonewater Residential Development. Potential Use include Retail, Mixed Use, Assisted Living, Convenience Station, Food Service, Hotel.

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7318 W IL W Route 120 Facts & Features

  • Type Single Family
  • Lot 28.31 Acres

Details

General

School Information

  • School District: 156

Business Information

  • Current Use: Agricultural

Location/Region

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

Tax Information

  • Tax Annual Amount: $6,263.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0919400013
  • Possible Use: Commercial,Estate,Development,Residential,Multi-Family,Single Family,Retail,Zoning Change Required
  • Property Type: Farm
  • Special Listing Conditions: None
  • Zoning: OTHER

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 1280
  • Frontage Type: State Road
  • Lot Size Acres: 28.31
  • Lot Size Dimensions: 1278X950
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

7318 W IL W Route 120 Neighborhood

Community

60050 (Fox Lake) 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.

7318 W IL W Route 120 Monthly Cost

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Jeremy Woods
* 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.

7318 W IL W Route 120 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

7318 W IL W Route 120 History

Date Event Value Agent
11/16/2025Source: MRED Status Change
Active
11/11/2025Source: MRED Added to Database
November 11, 2025