This IL Route 31 property offers a prime investment opportunity on 5 acres of vacant land zoned Industrial-1 with B-3 permitted uses. The flat, cleared land, currently being farmed, features gas and electric nearby, spanning 330 x 660 feet. Situated on the east side of Route 31 between Craftwell and Mann Rd, this growth area between McHenry and Richmond promises heavy daytime foot traffic. With a shared easement with a nearby parcel, there's no need for IDOT involvement - you can easily extend your own driveway off the shared entrance. The property is ideal for industrial purposes and offers an attractive investment or owner-user opportunity. Perfect for those looking to capitalize on the potential of this bustling area. Don't miss out on this chance to secure your piece of land in a promising location on IL Route 31 in Ringwood
Utilities for property: Electricity Nearby, Natural Gas Nearby
Community & HOA
Location
Region: Ringwood
Financial & listing details
Annual tax amount: $179
Date on market: 4/27/2025
Ownership: Fee Simple
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,367/mo
Price history
Date
Event
Price
5/22/2026
Price change
$379,900
Source: MRED as distributed by MLS GRID #12349096Report a problem
4/30/2026
Price change
--
Source: MRED as distributed by MLS GRID #12349096Report a problem
4/27/2025
Price change
$379,900-5%
Source: MRED as distributed by MLS GRID #12349096Report a problem
2/7/2024
Price change
$399,900-4.8%
Source: MRED as distributed by MLS GRID #11735071Report a problem
3/10/2023
Price change
$419,900-6.7%
Source: MRED as distributed by MLS GRID #11735071Report a problem
11/11/2022
Price change
$449,900-4.3%
Source: MRED as distributed by MLS GRID #11402933Report a problem
6/25/2022
Price change
$469,900-6%
Source: MRED as distributed by MLS GRID #11402933Report a problem
5/13/2022
Listed for sale
$499,900
Source: MRED as distributed by MLS GRID #11402933Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.