900 Algonquin Rd, Algonquin, IL 60102
This exceptional 1.76-acre commercial land parcel, located at 900 E Algonquin Road in Algonquin, Illinois (zip code 60102), presents a unique investment opportunity. The property, identified by APN 19-34-279-011, is zoned B-1 Business, Limited Retail PUD, offering considerable flexibility for a variety of commercial uses. The site boasts a level, elevated topography with a retaining wall along Algonquin Road and the western lot line, providing excellent visibility and accessibility. This prime location benefits from high traffic volume, exceeding 33,000 vehicles daily on Algonquin Road, ensuring significant exposure for any business. Utilities are readily available on-site, simplifying development and reducing upfront costs. Ideal uses include restaurants (with drive-through potential), office spaces, medical facilities, or daycare centers. This property represents a rare chance to acquire a well-situated, ready-to-develop commercial lot in a thriving Illinois community. The asking price is $499,000. Serious inquiries are encouraged.
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.