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2150 E Algonquin Road Algonquin, IL 60102

$5,100,000
Active / MLS# 12014037 / Land - Commercial / Algonquin
0 Beds

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.

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Baird & Warner Brady Byrne Agent Cell: 630.220.0037 Email

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Estimated Payment

$ 18,424.92 per month $11,333.33 Principal & Interest $5,604.08 Property Tax $1,487.50 Homeowner's Insurance
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Property Details

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

Schools

School District: District 158

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: @properties Commercial

Listing Office Phone: 312-337-0200



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