1841 N River Rd
Algonquin, IL 60102
River Ridge Estates · Land For Sale · 25.00 AC

Development Opportunity 25 acres / 25 Deeded Slips Spectacular 25 acre development opportunity on the Fox River with 25 deeded boat slips. The proposed property development "River Ridge" provides an opportunity for development of 23 single family homes and 25 town homes on 48 lots. Majority of due diligence has been completed and approved. This new residential development will have municipal sewer and water, access to a wide array of preschool, elementary, and high schools both private and public. Future residents will have access to outstanding retail and commercial district within 3 miles. The local topography provides builders with an opportunity to build homes with walkout basements with minimal construction costs. This makes it a one of a kind open door for mortgage holders to look after proprietorship/access to and along the conduit. Located along a bluff, this rolling wooded land is situated along the east bank of the Fox River. Zoned for high end residential development project consisting of single family and town homes.