2150 E Algonquin Road, Algonquin, IL 60102
- $5,100,000
- $5,750,000
Description
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.
- Listing Courtesy of: @properties Commercial
Details
Updated on June 18, 2026 at 1:38 pm-
Property ID MRD12014037
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Price $5,100,000
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Land Area 8.69 Acres
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Property Type Land
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Property Status Active
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Parcel Number 1935400005
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MLS Status Active
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Days On Market 813
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Living Area 8.69
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Cumulative Days On Market 760
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Tax Annual Amount 67249.74
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Directions North of Compton Drive, West of Route 25, East of High Point Ridge, and South of Teton Parkway
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Zoning OTHER
Address
Open on Google Maps- Address 2150 E Algonquin Road
- City Algonquin
- State/county IL
- Zip/Postal Code 60102
- Country United States
Overview
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