0 Boyer Rd, Algonquin, IL 60118
This exceptional 6.71-acre development site, located at 0 Boyer Road in Dundee, Illinois (60118), presents a unique investment opportunity. Currently zoned AG, the property is slated for annexation to the Village of Algonquin, paving the way for future office or light industrial development. With a total square footage of 292,288, the land offers significant potential for a variety of projects. The asking price is $1,450,000, translating to a price per square foot of $4.96. The property's advantageous location offers convenient access, situated a quarter-mile north of Longmeadow Road and its new bridge access road, providing excellent visibility and connectivity. The parcel number is 03-06-400-025. The site's size allows for potential division, offering flexibility for developers. This prime commercial land, part of the Algonquin Corporate Campus, represents a compelling investment in a thriving area. The property boasts frontage on Boyer Road, ensuring high visibility and accessibility. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant development potential. The property's strategic location and future zoning possibilities make it an ideal choice for discerning investors seeking a high-return opportunity in a rapidly growing area.
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
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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.