For Sale
$641,000

2971 Algonquin Rd Algonquin, IL 60102

1.09 Acres, Prime Algonquin Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This 1.09-acre commercial land parcel in Algonquin, Illinois, is priced at $641,000, or $13.50 per square foot. Located at 2971 W. Algonquin Rd., this B-2 Commercial PUD zoned property boasts a highly visible location at the signalized intersection of W. Algonquin Rd. and Talaga Rd. Its strategic position offers excellent exposure along the Algonquin Rd. retail corridor, with neighboring businesses including Talaga Medical Center (with cross-access), Speedway gas station, Butera, Costco, Home Depot, Lowe's, Walgreens, and a Montessori daycare. The property features off-site detention and benefits from a high volume of daily traffic (25,200 vehicles per day on Algonquin Rd.). The property's APN is 19-30-404-002. This exceptional location presents a significant opportunity for commercial development in a thriving retail area. The property is vacant and improved, ready for immediate development. This is a rare opportunity to acquire a prime commercial lot in a high-traffic area with established businesses nearby.

Highlights

  • $641,000 asking price for 1.09 acres of commercial land.
  • B-2 Commercial PUD zoning.
  • $13.50/SF land value.
  • Located at 2971 W Algonquin Rd, Algonquin, IL 60102 (APN: 19-30-404-002).
  • Signalized intersection of W. Algonquin Rd and Talaga Rd, with high visibility and traffic counts (25,200 VPD on Algonquin Rd).
  • Adjacent to Talaga Medical Center and across from Speedway; near other major retailers (Butera, Costco, Home Depot, Lowe's, Walgreens).

Property Details for 2971 Algonquin Rd

Property type
Land
Lot Size (sq. ft)
47,480 SF

Location Insight

City
Algonquin
County
McHenry
State
Illinois
Latitude
42.1750651
Longitude
-88.3438935

FAQs

What type of property is this?
Land - 1.09 Acres, Prime Algonquin Location
Where is the land located?
The property is located at 2971 Algonquin Rd Algonquin, IL.
What is the asking price?
The asking price for this property is $641,000.
What are key features of this property?
This property features: $641,000 asking price for 1.09 acres of commercial land.; B-2 Commercial PUD zoning.; $13.50/SF land value.
How can I contact the broker?
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2971 Algonquin Rd
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