For Sale
$6,800,000

Randall Rd & Harnish Dr Lake in the Hills, IL 60102

Algonquin, IL: 325-unit apartment potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 20-acre commercial land parcel, situated at the intersection of S Randall Rd and Harnish Dr in Lake in the Hills, IL (zip code 60102), presents a remarkable investment opportunity. Already approved for the construction of 325 apartment units, this site boasts significant development potential. Conveniently located west of the Algonquin Commons Shopping Center, the property benefits from its proximity to the vibrant Randall Road Corridor, offering easy access to a wealth of retail, dining, and entertainment options. Randall Road boasts impressive traffic counts, averaging 43,700 vehicles daily, ensuring high visibility and accessibility for future residents. Infrastructure is largely in place

Highlights

  • ±20-acre site approved for 325 apartment units.
  • Millbrook Drive, recently extended and dedicated to Algonquin, now connects to Harnish Drive.
  • Buyer to extend Becky Lynn Lane (approx. 550 linear feet).
  • Buyer responsible for stormwater system installation and maintenance; detention basin rough-graded.
  • Utilities and off-site detention available.
  • Due diligence package available.

Property Details for 0 Randall Rd & Harnish Dr

Property type
Land
Lot Size (sq. ft)
871,200 SF

Location Insight

City
Lake in the Hills
County
Mchenry
State
Illinois
Latitude
42.1610959
Longitude
-88.3354944

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FAQs

What type of property is this?
Land - Algonquin, IL: 325-unit apartment potential
Where is the land located?
The property is located at Randall Rd & Harnish Dr Lake in the Hills, IL.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: ±20-acre site approved for 325 apartment units.; Millbrook Drive, recently extended and dedicated to Algonquin, now connects to Harnish Drive.; Buyer to extend Becky Lynn Lane (approx. 550 linear feet).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Mike Smith
Matt Ishikawa
Matt Ishikawa
JOHN JAEGER
Visit Broker Website

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Randall Rd & Harnish Dr
Lake in the Hills, IL 60102

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Lake in the Hills, IL 60102

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

0 Randall Rd & Harnish Dr
  • Mike Smith
  • Matt Ishikawa
    Matt Ishikawa
  • JOHN JAEGER
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