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1659 E Algonquin Rd, Algonquin, IL 60102

Land suitable for single-family, multi-family, senior housing, commercial uses.

Property SizeContact for details
Days on Market1360

Property Features for 1659 E Algonquin Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: BRIAN COLEMAN & ASSOCIATES, INC.
Listed By: Brian Coleman · License #IL
Source: Crexi
Added: Dec 17, 2022 Changed: Aug 27 Last Checked: Sep 7 at 12:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BRIAN COLEMAN & ASSOCIATES, INC.

Investment Insights

Based on property information with market context.

This property is suitable for various development projects, including single-family homes, multi-family residences, townhomes, senior housing, independent living facilities, assisted living facilities, memory care centers, and long-term care nursing homes. It is also suitable for commercial uses. The seller is willing to consider dividing the property and selling a portion of it.

Key Highlights

  • Suitable for diverse development: single‑family, multi‑family, townhomes, senior housing, assisted living, and commercial uses.
  • Divisible property: seller will consider dividing and selling a portion of the property.
  • Ideal for senior housing development.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby

Demographics for 60102, IL

31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Land suitable for single-family, multi-family, senior housing, commercial uses.
Where is this land located?
The property is located at 1659 E Algonquin Rd Algonquin, IL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Suitable for diverse development: single‑family, multi‑family, townhomes, senior housing, assisted living, and commercial uses.; Divisible property: seller will consider dividing and selling a portion of the property.; Ideal for senior housing development.
(847) 322-3566 Call to check price and availability
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