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    Boyer Rd Algonquin, IL 60118

    Sponsored
    For Sale
    $1,450,000

    6.71 Acres, Prime Algonquin Location

    Property size:
    292,288 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.71-acre development site, located at 0 Boyer Road in Dundee, Illinois (60118), presents a unique investment opportunity. Currently zoned AG, the property is slated for annexation to the Village of Algonquin, paving the way for future office or light industrial development. With a total square footage of 292,288, the land offers significant potential for a variety of projects. The asking price is $1,450,000, translating to a price per square foot of $4.96. The property's advantageous location offers convenient access, situated a quarter-mile north of Longmeadow Road and its new bridge access road, providing excellent visibility and connectivity. The parcel number is 03-06-400-025. The site's size allows for potential division, offering flexibility for developers. This prime commercial land, part of the Algonquin Corporate Campus, represents a compelling investment in a thriving area. The property boasts frontage on Boyer Road, ensuring high visibility and accessibility. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant development potential. The property's strategic location and future zoning possibilities make it an ideal choice for discerning investors seeking a high-return opportunity in a rapidly growing area.

    Property Features for 0 Boyer Rd

    General Information

    Property type
    Land
    Square Feet
    292,288 SF
    Lot Size
    292,288 SF

    HighLights

    • 6.71‑acre development site in Dundee, IL (60118), zoned AG, slated for annexation to Algonquin for office/light industrial use.
    • 292,288 square feet, priced at $1,450,000 ($4.96/sq ft).
    • Excellent location: 0.25 miles north of Longmeadow Road and its new bridge access road, offering high visibility and connectivity. Parcel # 03‑06‑400‑025.
    • Potential for division; part of Algonquin Corporate Campus with Boyer Road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Algonquin
    County
    Kane
    State
    Illinois
    Longitude
    -88.3454825
    Latitude
    42.1473221

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    FAQs

    What type of property is this?
    Land - 6.71 Acres, Prime Algonquin Location
    Where is this land located?
    The property is located at Boyer Rd Algonquin, IL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: 6.71-acre development site in Dundee, IL (60118), zoned AG, slated for annexation to Algonquin for office/light industrial use.; 292,288 square feet, priced at $1,450,000 ($4.96/sq ft).; Excellent location: 0.25 miles north of Longmeadow Road and its new bridge access road, offering high visibility and connectivity. Parcel # 03-06-400-025.
    (815) 236-9816
    Request Owner's contact information
    Boyer Rd Algonquin, IL 60118
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    Algonquin, IL 60118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Boyer Rd Algonquin, IL 60118
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