18N961 Randall Rd Algonquin, IL 60102
- Land
- 3.56 lot acres
Current Use by Public Records
- Land
Property Details for 18N961 Randall Rd
- Lot size
- 3.56 lot acres
- Property type
- Land
Description
This exceptional 3.56-acre commercial land parcel is ideally situated at 18N961 Randall Road in Algonquin, Illinois (60102), Kane County. The property boasts a prime location at the southeast corner of Randall Road and Longmeadow Parkway, benefiting from a high traffic volume exceeding 32,700 vehicles per day (VPD). Its B-2 zoning permits a variety of commercial uses, making it suitable for a range of developments. The land's value is $5 per square foot. The property's APN is 03-08-100-021. This strategic location is further enhanced by the proximity to the Algonquin Commons outdoor lifestyle center and the future completion of a new bridge over the Fox River on Longmeadow Parkway. This bridge project will significantly improve connectivity, creating a major thoroughfare linking Longmeadow Parkway's east corridor to Huntley Road at Randall Road, increasing traffic flow and visibility for businesses in the area. The high visibility and substantial traffic counts make this an exceptional opportunity for businesses such as gas stations, convenience stores, car washes, or other retail establishments seeking a prominent location in this thriving Kane County retail corridor. Note that an additional 4.5 acres are available immediately south of this parcel, presenting the possibility of acquiring a combined 8 acres for a larger-scale development.
Value Estimation
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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
- Kane
- State
- Illinois
- Longitude
- -88.2942
- Latitude
- 42.1656
