Land Approved for Apartment
For Sale
Contact for pricing
S Randall Rd, Algonquin, IL
20 acres approved for 325 apartment units in Algonquin.
Property SizeContact for details
Lot Size20.00 Acres
Days on Market499
Property Features for S Randall Rd
General Information
Standard status
Active
Lot size
20.00 Acres
Property subtype
LAND
Listing Agency:
CBRE | Oak Brook
(630) 573-7068
Listed By:
Matthew Ishikawa
Source:
Moodyscre
Added: Apr 10, 2025
Changed: Aug 18
Last Checked: Aug 20 at 9:01AM
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 CBRE | Oak Brook
Investment Insights
Based on property information with market context.
This property features approximately 20 acres of land approved for the development of 325 apartment units. Millbrook Drive has been recently completed and extended to Harnish Drive, with dedication to Algonquin. The buyer is responsible for extending Becky Lynn Lane, estimated to be 550 linear feet, and for their own Storm Water System installation and maintenance. However, detention is already rough graded. Utilities are available to the site, with detention located off-site. The property is situated west of the Algonquin Commons Shopping Center and is in close proximity to retail, dining, and entertainment options along the Randall Road Corridor. Traffic counts indicate 43,700 vehicles per day on Randall Road.
Key Highlights
- Approved for 325 apartment units.
- Boasting ±20 acres of land.
- Millbrook Drive recently completed and extended to Harnish Drive.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - 20 acres approved for 325 apartment units in Algonquin.
Where is this land located?
The property is located at S Randall Rd Algonquin, IL.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Approved for 325 apartment units.; Boasting ±20 acres of land.; Millbrook Drive recently completed and extended to Harnish Drive.
