0 Randall Rd, Algonquin, IL 60102
This exceptional 4.75-acre commercial land parcel presents a rare development opportunity in Algonquin, Illinois. Located on Randall Road, the property boasts approximately 360 feet of frontage, offering significant visibility and accessibility. Zoned for residential use, this site presents substantial potential for various commercial developments, capitalizing on its strategic location just south of the established Algonquin Commons retail and office complex. The asking price is $1,650,000, translating to a land value of $7.97 per square foot. Utilities are readily available near or at the site. The property's APN is 03-08-100-020, and it's situated in McHenry County, Illinois, with a 60102 zip code. Annual property taxes are $12,009.40. This is one of the last remaining approximately 5-acre sites in this highly desirable area, making it an exceptional investment opportunity for developers seeking a prime location in the Northwest Chicago suburbs. The property's size and location offer significant advantages for a variety of commercial projects. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.