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    OFF-MARKET
    Land

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

    3.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 3.03 ac (131,987 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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