0 Armstrong St Algonquin, IL 60102
This exceptional 2.52-acre commercial and industrial land parcel presents a unique development opportunity in Algonquin, Illinois. Located on Armstrong Street, this property boasts I-1 zoning, making it ideal for a variety of truck-related businesses. The lot is serviced by readily available gas, water, and electricity connections, simplifying the development process. Detailed soil borings and FEMA reports are available for review, providing comprehensive due diligence information for potential buyers. The property's location within Algonquin Township, McHenry County, offers excellent access to transportation routes and a thriving business community. The assessed property pin number is 19-28-476-010. The 2020 property taxes were $4,340.32. The land is priced at a competitive $5.00 per square foot, representing a compelling investment opportunity for developers seeking a strategic location in a growing market. This property is ready for immediate development, offering significant potential for a range of industrial and commercial uses. Don't miss this chance to acquire a well-situated, fully-serviced parcel in a desirable location.
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.