For Sale
$1,900,000

1 Sherman Rd Algonquin, IL 60102

Exceptional Algonquin land, ideal for commercial development.

Overview

Added:
Dec 11, 2024
Days on market:
132
This 6.12-acre parcel in Algonquin, Illinois (60102), located at 1 Sherman Rd, presents a remarkable opportunity for commercial development. Zoned B-2 PUD, this strategically positioned property boasts excellent visibility and accessibility, situated between prominent landmarks including the Holiday Inn, Syrup, Jacobs High School, and the Woodscreek Shopping Center (anchored by Target, Kohl's, and Petco). The surrounding area is a thriving hub of commercial activity, businesses, schools, medical facilities, and golf courses, ensuring a strong daytime and evening demographic. This site's demographics are particularly well-suited for retail, office, and medical uses. The potential for assisted living or senior housing is also significant. The property's location along the Randall Road/Algonquin Road corridor provides exceptional exposure and convenient access for potential tenants and customers. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with significant development potential. The property's size and zoning offer considerable flexibility for a variety of commercial projects. Serious inquiries are encouraged.

Highlights

  • $1,900,000 asking price.
  • 6.12-acre land parcel.
  • Located in Algonquin, IL, at 1 Sherman Rd, zip code 60102.
  • B-2 PUD zoning.
  • Excellent location near major roadways, schools, and commercial centers including Holiday Inn, Target, and Kohl's.
  • Suitable for retail, office, medical, or senior housing development.

Property Details for 1 Sherman Rd

Property type
Land
Lot Size (sq. ft)
266,587 SF

Location Insight

City
Algonquin
County
McHenry
State
Illinois
Latitude
42.1647868
Longitude
-88.3374422

FAQs

What type of property is this?
Land - Exceptional Algonquin land, ideal for commercial development.
Where is the land located?
The property is located at 1 Sherman Rd Algonquin, IL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: $1,900,000 asking price.; 6.12-acre land parcel.; Located in Algonquin, IL, at 1 Sherman Rd, zip code 60102.
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.
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1 Sherman Rd
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