Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Algonquin Rd At Sq Barn Rd Algonquin, IL 60102

    For Sale
    $1,137,975

    High-traffic corner lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.04-acre commercial land parcel, located in Algonquin, Illinois (60102), presents a remarkable investment opportunity. Situated at the highly visible intersection of Algonquin Road and Square Barn Road, this property boasts 153 feet of frontage on Algonquin Road, a major thoroughfare with a daily traffic count of 24,000 vehicles. The site is shadow-anchored by a newly opened Dunkin' and a Walgreens, ensuring high visibility and foot traffic. Zoned B2-PUD, the property is well-suited for a variety of commercial uses, including restaurants, daycare centers, and convenience retail establishments. All utilities are available on-site, and off-site detention is in place, simplifying development. The property's strategic location offers excellent access and benefits from strong demographics, with a dense residential population nearby, including ten public schools and three golf courses within a 2.5-mile radius. The asking price is $1,137,975, representing a land value of $25 per square foot. The lot size is 45,519 square feet, and the APN is 18-25-301-059. This prime location, coupled with its convenient access and strong surrounding community, makes this an exceptional opportunity for investors seeking high-return potential.

    Property Features for 0 Algonquin Rd At Sq Barn Rd

    General Information

    Property type
    Land

    HighLights

    • 1.04‑acre commercial lot in Algonquin, IL, adjacent to Walgreens and a Dunkin'.
    • High visibility with 153' of frontage on Algonquin Road, boasting 24,000 vehicles per day (VPD).
    • All utilities available on‑site; off‑site detention in place.
    • Excellent demographics with strong residential population nearby.
    • 24,000 VPD on Algonquin Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Algonquin
    County
    Kane/McHenry
    State
    Illinois
    Longitude
    -88.3690275
    Latitude
    42.1756982

    Nearby Similar for Sale

    • $160,000
      1,001 SF

      Algonquin Office Condo For Sale

      Professional office condo with existing lease in Algonquin, Illinois.
      280 Stonegate Rd, Algonquin, IL 60102
      View Details
    • $409,990

      New Townhome in Algonquin Meadows

      Three-bedroom townhome with modern finishes in a planned community.
      1245 Glenmont St, Algonquin, IL 60102
      View Details
    • $4,113,000
      6,970 SF

      Freestanding Red Robin Investment Property

      NNN leased Red Robin with rental increases in Algonquin, Illinois.
      441 S Randall Rd, Algonquin, IL
      View Details
    • $450,000
      2,096 SF

      Algonquin Office Building For Sale

      2,096 SF office building in Algonquin, built in 2004.
      2200-2230 Huntington Dr N, Algonquin, IL
      View Details
    • $1,100,000

      Established Restaurant with Outdoor Dining

      Longtime restaurant with liquor license, gaming, and outdoor dining.
      999 Confidential, Algonquin, IL 60102
      View Details
    • $349,000
      2,566 SF

      Retail Unit with Ample Parking

      2,566 SF retail unit suitable for various businesses.
      2302-2320 Esplanade Dr, Algonquin, IL
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for retail.
    Where is this land located?
    The property is located at Algonquin Rd At Sq Barn Rd Algonquin, IL.
    What is the asking price?
    The asking price for this property is $1,137,975.
    What are key features of this property?
    This property features: 1.04-acre commercial lot in Algonquin, IL, adjacent to Walgreens and a Dunkin'.; High visibility with 153' of frontage on Algonquin Road, boasting 24,000 vehicles per day (VPD).; All utilities available on-site; off-site detention in place.
    (630) 938-4950
    Request Owner's contact information
    Algonquin Rd At Sq Barn Rd Algonquin, IL 60102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Algonquin Rd At Sq Barn Rd
    Algonquin, IL 60102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Algonquin Rd At Sq Barn Rd Algonquin, IL 60102
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.