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2040 W Algonquin Rd
Mount Prospect, IL 60056
Mt. Prospect Development Site · Land For Sale
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2.22 AC
Investment Highlights
- R-X Zoning Redevelopment
- Over 2 acres
- Excellent location
- Lighted Intersection
- Multi family possible
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 2.22 AC |
| Zoning | R-X - Single Family Residence District | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 2.22 AC |
| Zoning | R-X - Single Family Residence District |
Description
Excellent location and opportunity to develop 2.22 acres in Mount Prospect. The property is situated with 121 Feet of Algonquin rd. frontage. The lot size is 121 x 1136 x 107 x 1192. See survey and conceptual apartment plan under documents. The property is currently zoned R X however the Village is likely to be favorable to multi family and/or recreational type developments. This property is located ideally amongst other multi family complexes. Strong demographics make this an ideal location for multi family.
Property Taxes
| Parcel Number | 08-15-400-047-0000 | Improvements Assessment | $334,904 |
| Land Assessment | $121,096 | Total Assessment | $456,000 |
Property Taxes
Parcel Number
08-15-400-047-0000
Land Assessment
$121,096
Improvements Assessment
$334,904
Total Assessment
$456,000
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