Improved Mixed-Use Land for Sale in Algonquin, Illinois
3711 Algonquin Rd, Algonquin, IL 60102
We are pleased to present this 4.78 acre mixed-use property strategically located at 3711 Algonquin Road in Algonquin, Illinois. This dynamic asset combines retail, office, and residential components in a live-work-play environment that captures diverse revenue streams and appeals to a broad tenant base.
The immediate trade area features strong household incomes, a young, educated demographic profile, and consumer spending patterns that support ground-floor commercial tenancy.
The acquisition price per square foot is well below the replacement cost of comparable new mixed-use construction, providing inherent downside protection.
Value-add opportunities exist through residential unit renovation, commercial tenant upgrade, and implementation of ancillary income programs to increase total effective revenue.
Location
- Street address
- 3711 Algonquin Rd
- County
- McHenry County
- Zip code
- 60102
- Elevation
- 902 feet
Property details
- Acreage
- 4.78 acres
- Zoning
- Commercial
- Posted
Parcels
- 18-25-400-031
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 7, 2026 | New listing | $1,300,000 | — | Listing agent |
