2150 E Algonquin Road
Algonquin, IL, 60102
$5,100,000
Beds
0 Baths
0 SqFt
8.69 Acres
Add
MLS #MRD12014037 image #0
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 Details

Price:
$5,100,000
MLS #:
MRD12014037
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
algonquin
Listed Date:
Mar 27, 2024
AlgonquinAlgonquin

Ask a Question

See this Listing

Send
  

Schools

School District:
158

Interior

Exterior

Financial

Tax Year
2022
Taxes
$67,250

Map

Community

Market Summary

Current real estate data for Land in Algonquin as of May 15, 2026
16
Land Listed
387
Avg DOM
$477,994
Avg List Price

Property Summary

    2150 E Algonquin Road Algonquin IL is a Land for sale in Algonquin, IL, 60102. It is listed for $5,100,000 and features 9 acres.

Similar Listings Nearby

2150 E Algonquin Road
Algonquin, IL