1 Acre of Commercial Land for Sale in Algonquin, Illinois

1188 E Algonquin Rd, Algonquin, IL 60102

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$249,900
1.04 acres
Active sale agoEst $2,427/mo

Prime Investment Opportunity in Vibrant Algonquin! Unlock the potential of this 1.04-acre vacant lot strategically positioned in the heart of Algonquin's Fountain Square retail and office center. Boasting an incredible daily traffic count of 35,000 vehicles (IDOT), this parcel is a canvas for your entrepreneurial dreams. Zoned B-1 for versatile possibilities! Capitalizing on its B-1 zoning, this property welcomes a diverse range of ventures, including: Brewery/Winery/Distillery: Craft your vision with a space open to the public and retail. Business/Medical/Professional Offices: Elevate your practice in a thriving location. Retail Sales and Specialty Stores: Bring your unique offerings to a bustling market. Financially Attractive! Surprisingly low 2022 taxes at just $1,000.30, thanks to proactive negotiations by the owner, reducing them by nearly 90%! Seize this opportunity to build your dream business without breaking the bank. Ready infrastructure included! Benefit from existing paved parking, including an "upper level" row, streamlining your development process. This lot is not just empty; it's a canvas awaiting your masterpiece! Fountain Square's Hidden Gem! Surrounded by established businesses, municipal facilities, and utilities, this lot promises visibility and synergy. Don't miss out-drive by and envision your success today!

Directions

Located adjacent to office buildings in Fountain Square retail center, right on Algonquin Road.

Property details

Coordinates
42.1642, -88.2798
Community
Algonquin
Elevation
853 feet
MLS Number
MRED 11941650
Date Listed

Parcels

  • 1934279012

Property taxes

2022
$1,000

This 1.04-acre property is located at 1188 E Algonquin Rd in Algonquin, IL 60102 with latitude 42.1642 and longitude -88.2798. The property is currently available for sale for $249,900 with a price per acre of $240,288. Listing data is sourced from Midwest Real Estate Data # 11941650.

Verify sale details at the property source or contact Baird & Warner at (312) 857-9940.

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Listing checked and updated . Parcel data by Regrid.

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