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    Swc Of Algonquin Rd & Hanson Rd Lake in the Hills, IL 60102

    Sponsored
    For Sale
    Contact for pricing

    3.03 Acres, B-1 PUD Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.03-acre parcel presents a prime development opportunity in the thriving Lake in the Hills, Illinois market. Located at the southwest corner of Algonquin Road and Hanson Road, this property boasts excellent visibility and accessibility. The site features 561 feet of frontage on Algonquin Road and 322 feet on Hanson Road, ensuring significant exposure to a high volume of daily traffic. Algonquin Road sees 36,300 vehicles per day, while Hanson Road experiences 7,650 vehicles per day, providing substantial potential for commercial development. The property is zoned B-1 PUD, offering flexibility for a variety of uses. Municipal water is available, and the 2023 property taxes totaled $13,050. A stoplight-controlled intersection provides convenient access for both vehicular and pedestrian traffic. This strategically located land parcel is ideal for developers seeking a high-impact location with strong infrastructure and significant traffic counts. The combination of size, zoning, and location makes this an exceptional investment opportunity in a rapidly growing area. Don't miss this chance to acquire a highly desirable development site in a prime location. This property is ready for your vision.

    Property Features for 0 Swc Of Algonquin Rd & Hanson Rd

    General Information

    Property type
    Land
    Lot Size
    131,987 SF

    HighLights

    • Development opportunity in Lake in the Hills, IL.
    • 3.03‑acre parcel.
    • 561' frontage on Algonquin Road, 322' on Hanson Road.
    • B‑1 PUD zoning.
    • Municipal water available.
    • 2023 property taxes: $13,050.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake in the Hills
    County
    McHenry
    State
    Illinois
    Longitude
    -88.316322
    Latitude
    42.1766128

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    FAQs

    What type of property is this?
    Land - 3.03 Acres, B-1 PUD Zoning, High Traffic
    Where is this land located?
    The property is located at Swc Of Algonquin Rd & Hanson Rd Lake in the Hills, IL.
    What are key features of this property?
    This property features: Development opportunity in Lake in the Hills, IL.; 3.03-acre parcel.; 561' frontage on Algonquin Road, 322' on Hanson Road.
    Request Owner's contact information
    Swc Of Algonquin Rd & Hanson Rd Lake in the Hills, IL 60102
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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
    Swc Of Algonquin Rd & Hanson Rd Lake in the Hills, IL 60102
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