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2221-2231 E Algonquin Rd - Pad Ready Land Site +/- 4 acres 4.05 Acres of Commercial Land Offered at $1,600,000 in Algonquin, IL 60102

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Investment Highlights

  • High Traffic Counts

Executive Summary

ZONED B2 for any retail, food service, or commercial. Superb demographics and traffic counts of over 30K vehicles per day. PAD READY, includes access to all utilities, water, sewer, electric and gas. Includes COMPLETED RETENTION POND. Soil and development survey completed. Will require recapture fees. LAND READY FOR DEVELOPMENT, next to Atomic Express Car Wash.

Property Facts

Price $1,600,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
Total Lot Size 4.05 AC
Zoning B-2 - Retail, Hospitality, or Commercial

1 Lot Available

Lot 1

Price $1,600,000
Price Per AC $395,061.73
Lot Size 4.05 AC

4.05 acres commercial land with approx. 400' frontage on Algonquin Road. Inc. completed detention, utilities close to site, full ingress and egress from Algonquin Rd. Prime development area. Kwik Trip coming to corner of Algonquin Road and Route 25

Description

ZONED B2 for any retail, hospitality, or commercial. Superb demographics and traffic counts of 37,700 vehicles per day. PAD READY, includes access to all utilities, water, sewer, electric and gas. Includes COMPLETED RETENTION POND. Soil and development survey completed. Will require recapture fees. LAND READY FOR DEVELOPMENT, next to Atomic Express Car Wash (completion date of Sept, 2023.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-02-200-051
  • 03-02-200-050
Land Assessment
$215,003
Improvements Assessment
$0
Total Assessment
$215,003
  • Listing ID: 28040683

  • Date on Market: 3/22/2023

  • Last Updated:

  • Address: 2221-2231 E Algonquin Rd, Algonquin, IL 60102

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