Corner Residential Buildable
For Sale
$75,000
3261 Covington Lane, Algonquin, IL 60102
Corner homesite in Fairway Estates with utilities to the site and an approved standard basement build option.
Property SizeContact for details
Days on Market137
Property Features for 3261 Covington Lane
General Information
Standard status
Active
Property subtype
Land
Zoning
SINGL
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$42
Listing Agency:
Berkshire Hathaway HomeServices Starck Real Estate
(847) 668-3774
Listed By:
Paul Ambrogio · License #471005903
(847) 668-3774
Source:
Compass
Added: Mar 26
Changed: Aug 8
Last Checked: Jul 15 at 9:11PM
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 Berkshire Hathaway HomeServices Starck Real Estate
Investment Insights
Based on property information with market context.
This Fairway Estates corner lot is offered as a buildable homesite with a standard basement build. The property is described as fully improved with electric and gas to the site, providing the essential utilities for a new home project.
The homesite is situated among estate homes within the subdivision. While specific lot dimensions and engineering details are not provided, the listing notes convenience to nearby dining and shopping, including the Randall Rd corridor and Algonquin Commons, along with easy access to the I-90 tollway.
For buyers looking to build, this is one of seven remaining lots available in Fairway Estates, with a straightforward path to a basement home configuration supported by utilities already brought to the site. The surrounding estate-style setting and corner positioning may appeal to homeowners who want a new-construction opportunity in an established subdivision setting.
The homesite is situated among estate homes within the subdivision. While specific lot dimensions and engineering details are not provided, the listing notes convenience to nearby dining and shopping, including the Randall Rd corridor and Algonquin Commons, along with easy access to the I-90 tollway.
For buyers looking to build, this is one of seven remaining lots available in Fairway Estates, with a straightforward path to a basement home configuration supported by utilities already brought to the site. The surrounding estate-style setting and corner positioning may appeal to homeowners who want a new-construction opportunity in an established subdivision setting.
Key Highlights
- Corner homesite in Fairway Estates subdivision
- Utilities to the site: electric and gas
- Standard basement build option included/approved for the site
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Corner homesite in Fairway Estates with utilities to the site and an approved standard basement build option.
Where is this residential land & home lot located?
The property is located at 3261 Covington Lane Algonquin, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Corner homesite in Fairway Estates subdivision; Utilities to the site: electric and gas; Standard basement build option included/approved for the site
