Current Use by Public Records
- Land
Property Details for 1 Sherman Rd
- Lot size
- 6.12 lot acres
- Property type
- Land
Description
This 6.12-acre parcel in Algonquin, Illinois (60102), located at 1 Sherman Rd, presents a remarkable opportunity for commercial development. Zoned B-2 PUD, this strategically positioned property boasts excellent visibility and accessibility, situated between prominent landmarks including the Holiday Inn, Syrup, Jacobs High School, and the Woodscreek Shopping Center (anchored by Target, Kohl's, and Petco). The surrounding area is a thriving hub of commercial activity, businesses, schools, medical facilities, and golf courses, ensuring a strong daytime and evening demographic. This site's demographics are particularly well-suited for retail, office, and medical uses. The potential for assisted living or senior housing is also significant. The property's location along the Randall Road/Algonquin Road corridor provides exceptional exposure and convenient access for potential tenants and customers. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with significant development potential. The property's size and zoning offer considerable flexibility for a variety of commercial projects. Serious inquiries are encouraged.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Algonquin
- County
- McHenry
- State
- Illinois
- Longitude
- -88.3374
- Latitude
- 42.1648
