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    OFF-MARKET
    Land

    19 Birch St, Algonquin, IL 60102

    0.24 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.24-acre residential lot, located at Lot 18, 19 Birch St., Algonquin, IL 60102 (APN 1927327002), presents a unique opportunity to build your dream home. Currently zoned R-2 for single-family residences, this property offers a peaceful 80 x 135 foot homesite nestled within a wooded area, ensuring privacy. Utilities are conveniently located nearby. While the address is approximate and currently lacks a street number, the lot's precise location is clearly shown in the provided photographs. Note that a short access road will need to be constructed; however, this is already platted. An adjacent 0.5-acre lot (MLS# 12195377) is also available, offering the potential to combine properties for a larger homesite. This desirable subdivision boasts attractive curb appeal and is situated amongst established homes, providing an excellent location for new construction. The property's plat information is included in the accompanying photos. This is a remarkable opportunity to build in a highly sought-after area at an attractive price point. Buyers are encouraged to conduct their own due diligence.

    Property profile
    Verified
    Property type Land
    Lot 0.24 ac (10,454 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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