2150 E Algonquin Rd Algonquin, IL

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Listing date Sep 24, 2025

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Investment Insights

Based on property information with market context.

This development site on Algonquin Road offers over 800 feet of frontage. Available for build-to-suit, ground lease, or sale, the property presents multiple options and includes multiple pins. The property can be sold in pieces. Zoning is a mix of I-1 and B-2, depending on the PIN. Rezoning for apartments or condos is a possibility. A former gas station occupied one site, but all tanks have been removed, and the owner reports a clean environmental record. Utilities available to the site include cable, curb/gutter/sidewalk, electricity, gas, sewer, streets, telephone, and water. Potential uses for the property include apartment units, condos, auto dealership, auto repair, commercial, health care, hospitality, hotel, medical, mixed-use, office park, planned unit development, retail warehouse, and self-storage.

Key Highlights

• Over 800' of frontage on Algonquin Road.
• Flexible options: Build‑to‑suit, Ground Lease, or Sale.
• Multiple PINs and option to purchase in pieces.

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FAQs

What type of property is this?

Land - Development site with frontage on Algonquin Road, multiple options.

Where is this land located?

The property is located at 2150 E Algonquin Rd Algonquin, IL.

What is the asking price?

The asking price for this property is $5,100,000.

What are key features of this property?

This property features: Over 800' of frontage on Algonquin Road.; Flexible options: Build‑to‑suit, Ground Lease, or Sale.; Multiple PINs and option to purchase in pieces.