Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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