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.
Listed By
Agency Name: @properties Commercial
Agency Phone: 312-337-0200
Shown By
Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 18,441.97 per month $11,350.39 Principal & Interest $5,604.08 Property Tax $1,487.50 Homeowner's Insurance
2150 E Algonquin Road | MLS# 12014037
This land located at 2150 E Algonquin Road, Algonquin, IL 60102 is currently listed for sale with an asking price of $5,100,000. The property has approximately 8.69 Acres. E Algonquin Road is located within the District 158 school district. Search Algonquin real estate on elmo.bhhscrosby.com today.