2150 Algonquin Road, Algonquin, Illinois 60102


$5,100,000

For Sale
Status: Active
Sqft: 0
Cost/Sqft:
Beds: 0
Baths: 0
Year Built:
Property Taxes: $67,250
Days On Market: 740
Lot Size: 8,69
Map
Street View

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 Specifics

Lot/Land
No
8.69
— / —
12014037
1935400005

Property History

DATE: EVENT: PRICE: SOURCE:
Last price change $5,750,000 MRED MLS
27 Mar, 2024 Listed for sale $6,000,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
First Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
0th Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 0
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

800X475
Not in DB

Tax History

Year Property Taxes
$67,250

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