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Algonquin Vacant Lot Opportunity
For Sale
$89,900

1188 E Algonquin Road, Algonquin, IL 60102

1.04-acre vacant lot in high-traffic Algonquin area.

Property SizeContact for details
Lot Size1.04 Acres
Days on Market740

Property Features for 1188 E Algonquin Road

General Information

Standard status Active
Lot size 1.04 Acres
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $5,308
Listing Agency: Baird & Warner Real Estate - Algonquin
Listed By: Hilda Jones · License #475137923
Source: Exitrealty
Added: Aug 31, 2024 Changed: Sep 8 Last Checked: Sep 9 at 7:28AM

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 Baird & Warner Real Estate - Algonquin

Investment Insights

Based on property information with market context.

This 1.04-acre vacant lot is located in the Fountain Square area of Algonquin. The property benefits from a daily traffic count of 40,000 vehicles. Zoned B-1, the property offers a range of possibilities. The property is surrounded by established businesses and municipal facilities, offering visibility and potential. The property includes paved parking and an "upper level" row, which supports an efficient development process.

Key Highlights

  • 1. 04‑acre vacant lot in the highly sought‑after Fountain Square area of Algonquin.
  • Zoned B‑1, offering a range of business possibilities.
  • Robust daily traffic count of 40,000 vehicles, ensuring substantial exposure.

Property Analytics

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Current Use

Commercial 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.04-acre vacant lot in high-traffic Algonquin area.
Where is this commercial land located?
The property is located at 1188 E Algonquin Road Algonquin, IL.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: 1. 04‑acre vacant lot in the highly sought‑after Fountain Square area of Algonquin.; Zoned B‑1, offering a range of business possibilities.; Robust daily traffic count of 40,000 vehicles, ensuring substantial exposure.
More about this property
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