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W Algonquin Rd 4.5 Acres of Commercial Land Offered at $4,300,000 in Arlington Heights, IL 60005
Investment Highlights
- IN CLOSE PROXIMITY TO WOODFIELD MALL, AN IMPRESSIVE SHOPPING & DINING DESTINATION
- JUST WEST OF THE ALGONQUIN RD / GOLF RD LIGHTED INTERSECTION
- UTILITIES AVAILABLE WITH DETENTION INCLUDED
- EASY ACCESS TO I-90 / I-94 / RT 53 VIA ALGONQUIN RD
- AMPLE FRONTAGE ALONG ALGONQUIN RD (RT 62)
- ZONED B2 - GENERAL BUSINESS DISTRICT
Executive Summary
This 4.5-acre development site is ideally positioned in a highly desirable, established infill market along Algonquin Road (Route 62), offering exceptional visibility and frontage in a high-traffic retail corridor. Located directly across from a Meijer outlot and near Cooper’s Hawk Winery & Restaurant, the property benefits from strong surrounding retail and dining amenities, as well as close proximity to Woodfield Mall, one of the region’s premier shopping destinations. Zoned B2 – General Business District, the site provides flexibility for a variety of commercial uses and features available utilities with detention included. The location offers immediate access to major regional thoroughfares including I-90, I-94, and Route 53, with excellent traffic exposure exceeding 25,000 vehicles per day on Algonquin Road, 88,000+ vehicles per day on I-90, and over 15,000 vehicles per day on Golf Road. Parcels 08-16-100-033 and 08-16-100-039 are offered with taxes of $7,257, and pricing is subject to offer.
Property Facts
1 Lot Available
Lot
| Price | $4,300,000 | Lot Size | 4.50 AC |
| Price Per AC | $955,555.56 |
| Price | $4,300,000 |
| Price Per AC | $955,555.56 |
| Lot Size | 4.50 AC |
± 4.5 ACRES
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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W Algonquin Rd
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