Commercial Lot on Algonquin
For Sale
Contact for pricing
Pending
900 E Algonquin Road, Algonquin, IL 60102
Zoned B-1, suitable for restaurant, office, medical, or daycare.
Property SizeContact for details
Days on Market932
Property Features for 900 E Algonquin Road
General Information
Standard status
Pending
Property subtype
Land
Zoning
B-1
Listing Agency:
Resource Commercial Advisors
Listed By:
Ronald Roberti · License #475.128796
Source:
Crexi
Added: Apr 4, 2024
Changed: Oct 13
Last Checked: Oct 20 at 5:55PM
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 Resource Commercial Advisors
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Investment Insights
Based on property information with market context.
This is a level, elevated lot featuring a retaining wall along Algonquin Road and the west side of the property. Zoned B-1 Business, Limited Retail PUD, the location is suitable for a restaurant, drive-through, office, medical facility, or daycare center. The lot benefits from high traffic volume, with over 33,000 vehicles per day on Algonquin Road. Utilities are available to the site.
Key Highlights
- High traffic location: Over 33,000 vehicles per day on Algonquin Road.
- B‑1 Business zoning: Suitable for Restaurant, Drive through, Office, Medical, Daycare.
- Utilities to site: Ready for development.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - Zoned B-1, suitable for restaurant, office, medical, or daycare.
Where is this commercial land located?
The property is located at 900 E Algonquin Road Algonquin, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: High traffic location: Over 33,000 vehicles per day on Algonquin Road.; B‑1 Business zoning: Suitable for Restaurant, Drive through, Office, Medical, Daycare.; Utilities to site: Ready for development.
