1188 Algonquin Rd Algonquin, IL 60102
- Land
- 1.04 lot acres
Current Use by Public Records
- Land
Property Details for 1188 Algonquin Rd
- Lot size
- 1.04 lot acres
- Property type
- Land
Description
This exceptional 1.04-acre commercial lot presents a remarkable investment opportunity in Algonquin, Illinois. Located on East Algonquin Road, this fee-simple property boasts a prime location within the desirable Fountain Square area, benefiting from a high daily traffic count of 40,000 vehicles, ensuring significant visibility for any business development. The property is zoned B-1, allowing for a variety of commercial uses. The lot features established infrastructure, including paved parking and an upper-level row, streamlining the development process. Its remarkably low taxes further enhance its financial attractiveness. Surrounded by existing businesses and municipal facilities, this parcel offers excellent visibility and potential for immediate development. The property's 1934279012 APN number provides easy identification. This versatile lot is ready for your vision, offering a chance to build a thriving business in a thriving community. The location in McHenry County, Illinois, with a 60102 zip code, provides easy access to major transportation routes and a strong local economy. This is a rare opportunity to acquire a well-situated commercial lot at an attractive price point.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Algonquin
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2797
- Latitude
- 42.164
