Mixed-Use Land for Sale in Algonquin, Illinois
1782 Cumberland Pkwy Algonquin, IL 60102
LOCATION, LOCATION, LOCATION. Great peace of land, 2 LOTS in the middle of a developed residential area. Currently marked as industrial zoning, the property has strong residential potential with the Village of Algonquin support for townhomes and single family homes. The Village's Future Land Use designates this property as future residential in order to have higher density residential to support restaurants and retailers. Present your project to the Village in order to start the rezoning process, which usually takes 90 days, including Replatting and Plan Development Review. The subject property has 1.29 acres buildable lot with .94 acres retention lot, totaling 2.23 acres.
Directions
Algonquin road to Chase street go northwest to the property on the corner with Cumberland parkway
Location
- Street Address
- 1782 Cumberland Pkwy
- County
- McHenry County
- Community
- Algonquin
- Elevation
- 860 feet
Property details
- Zoning
- INDUS
- MLS Number
- MRED 12067140
- Date Posted
Property taxes
- 2022
- $3,656
Parcels
- 1935327004
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 8, 2024 | Price drop | $225,000 | $24,000 -9.6% | MRED |
| May 27, 2024 | New listing | $249,000 | — | MRED |