Property profile

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

OFF-MARKET
Land
3.03 ac lot
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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

Location

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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