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2101 E Algonquin Rd 1.04 Acres of Commercial Land in Algonquin, IL 60102

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INVESTMENT HIGHLIGHTS

  • Up to 800' of frontage on Algonquin Road
  • Build-to-Suit
  • Multiple Uses allowed
  • Ground Lease available

EXECUTIVE SUMMARY

Prime Development opportunity. Seller will sell as is, do a Build-to-suit, or Ground Lease

PROPERTY FACTS

Sale Type Investment
Sale Conditions
Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units - Condo
  • Bank
  • Department Store
  • Fast Food
  • General Freestanding
  • Planned Unit Development
  • Restaurant
Total Lot Size 1.04 AC
Zoning B-2

1 LOT AVAILABLE

Lot

Lot Size 1.04 AC

1.04 Acre Lot Zoned B3-2 Ready for new business!

DESCRIPTION

Algonquin Road Development Site. Build-to-suit, Land Lease, or Sale. Over 800' of frontage on Algonquin Road! Many available options, & multiple pins. Property can be sold in pieces. Zoning is both I-1 & B-2 depending on the PIN. Property can possibly be re-zoned for apartments or condos. Former Gas Station was on one site, All tanks have been removed and owner has clean environmental. Cable, Curb/Gutter/Sidewalk, Electricity, Gas, No Irrigation, Sewer, Streets, Telephone, & Water to site. Possible use: Apartment Units - Condo, Apartment Units - Senior, Auto Dealership, Auto Repair, Commercial, Health Care, Hold for Development, Hold for Investment, Hospital, Hospitality, Hotel, Medical, Mixed Use, Office Park, Planned Unit Development, Retail Warehouse, Self-Storage & More. Contact Listing agent for additional information.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-35-477-053
Land Assessment
$113,707
Improvements Assessment
$0
Total Assessment
$113,707
  • Listing ID: 31333874

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 2101 E Algonquin Rd, Algonquin, IL 60102

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