2150 E Algonquin Road, Algonquin, IL 60102

Algonquin
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
2150 E Algonquin Road,Algonquin, IL 60102
$5,100,000
  • 8.69 Acres
  • Lots / Land
  • Active
Listed by: dakota nilson
Office: @properties commercial
MLS#:12014037
Source:MLSNI

Price summary

  • Price:$5,100,000

About this home

Price Reduced! 8.69 Acre Development Opportunity on Algonquin Road Now offered at a newly adjusted price, this 8.69-acre development site presents a rare opportunity with over 800' of frontage along Algonquin Road (Route 62). The property consists of three parcels, including a 1.00-acre drive-thru capable pad, a 0.69-acre parcel, and a ~7-acre development site. Zoned B-2 and I-1, the property allows for a wide range of uses including retail, mixed-use, residential, medical, and flex industrial. A conceptual plan has been completed illustrating a mixed-use development with retail frontage and residential density in the rear, providing a clear vision for future development. Utilities are available to site including water, sewer, gas, and electric, with multiple access points enhancing flexibility for site planning. The property can be purchased as a whole or in pieces, offering optionality for developers, investors, and users. This is a unique opportunity to acquire a...

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Home facts

  • Listing ID #:12014037
  • Updated:May 14, 2026 at 10:41 AM

Structure and exterior

  • Lot area:8.69 Acres

Finances and disclosures

  • Price:$5,100,000
  • Tax amount:$67,250 (2022)
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