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 |
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
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
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


