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About the Listing 85348 - 896450
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.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
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- Below Ground Sq Ft: n/a
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Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 800X475
- Zoning: OTHER
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Financial Details
- Tax Amount: $67,250
- Taxes w/Assessments: N/A
- Tax/Property ID: 1935400005
- Tax Year: 2022
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2150 E Algonquin Rd Algonquin, IL 60102
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