602 Main Street, Algonquin, Illinois 60102


$300,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 0
Baths: 0
Year Built:
Property Taxes: $13,911
Days On Market: 1015
Lot Size: 1,87
Map
Street View

Description

Prime Multi-Family Development Opportunity in Algonquin's Central Business District (Old Town Zoning District). Situated at the SWC of Route 31 Bypass & Main Street, the subject parcel consists of 1.87 acres with 600' of frontage along the bypass. Zoned O-T (Old Town) with all utilities to site. Village support for multi-family market rate apartments, townhomes, condominiums, assisted living, senior housing. Village is desirous of having higher density residential to support restaurant & retailers in the historic central business district. Previous development plans inlcuded 60 units of condominiums with preliminary approval from the Village. Surrounding acreage owned by the Village and may be available contingent on proposed development plans.

Property Specifics

Lot/Land
No
1.87
Mc Henry
— / —
11817307
1933227032

Property History

DATE: EVENT: PRICE: SOURCE:
18 Dec, 2023 Sold $300,000 MRED MLS
1 Sep, 2023 Under contract $390,000 MRED MLS
26 Jun, 2023 Listed for sale $390,000 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

596.9X170
Not in DB

Tax History

Year Property Taxes
2023 $13,911

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Listing Provided By

Blue Chip Commercial Real Estate