1188 E Algonquin Rd Algonquin, IL 60102
Estimated payment $1,174/month
About This Lot
**PRICE REDUCED** ***ALL OFFERS WILL BE CONSIDERED*** Exceptional investment opportunity! This 1.04-acre vacant lot is located in the highly sought-after Fountain Square area of Algonquin. This prime parcel benefits from a robust daily traffic count of 40,000 vehicles, ensuring substantial exposure for any business venture. Zoned B-1, the property offers a range of possibilities. This versitile lot offers the opportunity to build your dream business without breaking the bank. Surrounded by established businesses and municipal facilities, this lot offers great visibility and potential. The property is equipped with established infrastructure, including paved parking and an "upper level" row, which supports an efficient development process. Don't miss out-contact us today to see how this property can work for you.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,309
Lot Details
- 1.04 Acre Lot
- Lot Dimensions are 172x195x256x243
- Property fronts an easement
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,309 | $67,865 | $67,865 | -- |
| 2023 | $1,082 | $12,924 | $12,924 | -- |
| 2022 | $1,000 | $11,664 | $11,664 | $0 |
| 2021 | $964 | $10,866 | $10,866 | $0 |
| 2020 | $941 | $10,481 | $10,481 | $0 |
| 2019 | $921 | $10,032 | $10,032 | $0 |
| 2018 | $7,832 | $82,165 | $82,165 | $0 |
| 2017 | $7,708 | $77,405 | $77,405 | $0 |
| 2016 | $7,634 | $72,599 | $72,599 | $0 |
| 2013 | -- | $67,725 | $67,725 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/03/2026 01/03/26 | Price Changed | $139,900 | -6.7% | -- |
| 11/26/2025 11/26/25 | Price Changed | $149,900 | -3.2% | -- |
| 10/16/2025 10/16/25 | Price Changed | $154,900 | -3.1% | -- |
| 08/23/2025 08/23/25 | Price Changed | $159,900 | -3.0% | -- |
| 07/14/2025 07/14/25 | Price Changed | $164,900 | -2.9% | -- |
| 05/16/2025 05/16/25 | Price Changed | $169,900 | -12.8% | -- |
| 02/03/2025 02/03/25 | Price Changed | $194,900 | -2.5% | -- |
| 08/31/2024 08/31/24 | For Sale | $199,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $30,500 | -- | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | -- | No Value Available | |
| Previous Owner | $680,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12152509
APN: 19-34-279-012
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