LOT SIZE 8.690 acres
MLS#12014037
STATUSActive
PROPERTY TYPELand - Commercial
SCHOOLDistrict 158
Property Description
Price Reduced! 8.69 Acre Development Opportunity on Algonquin Road Now offered at a newly adjusted price, this 8.69-acre development site presents a rare opportunity with over 800' of frontage along Algonquin Road (Route 62). The property consists of three parcels, including a 1.00-acre drive-thru capable pad, a 0.69-acre parcel, and a ~7-acre development site. Zoned B-2 and I-1, the property allows for a wide range of uses including retail, mixed-use, residential, medical, and flex industrial. A conceptual plan has been completed illustrating a mixed-use development with retail frontage and residential density in the rear, providing a clear vision for future development. Utilities are available to site including water, sewer, gas, and electric, with multiple access points enhancing flexibility for site planning. The property can be purchased as a whole or in pieces, offering optionality for developers, investors, and users. This is a unique opportunity to acquire a large-scale, flexible development site at a newly reduced price in a growing corridor. Contact listing agent for additional information.
Property Features
Property Type: Land - Commercial
Lot Size: 8.69 Acres
Taxes: $67,249
Feature Descriptions
Current Use: Commercial, Retail, Other
Frontage: 800
Frontage Type: City Street
Lot Dimensions: 800X475
Parcel#: 1935400005
Possible Use: Commercial, Conditional Use, Industrial, Office, Development, Multi-Family, Special Use, Other
Road Surface: Other
Township: Algonquin
Utilities: Electric to Site, Natural Gas Available, Water Available
Local Schools
School District: District 158
Listed By / Shown By
Listed By
Agency Name: @properties Commercial
Agency Phone: 312-337-0200
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 18,441.97 per month $11,350.39 Principal & Interest $5,604.08 Property Tax $1,487.50 Homeowner's InsuranceChange Payment Information
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2150 E Algonquin Road | MLS# 12014037
This land located at 2150 E Algonquin Road, Algonquin, IL 60102 is currently listed for sale with an asking price of $5,100,000. The property has approximately 8.69 Acres. E Algonquin Road is located within the District 158 school district. Search Algonquin real estate on www.bhhscrosby.com today.