1782 Cumberland Pkwy Algonquin, IL 60102
Estimated payment $1,654/month
About This Lot
Prime Infill Development Opportunity - 2 Lots / 2.23 AC - Algonquin, IL LOCATION, LOCATION, LOCATION! Nestled in the heart of an established residential neighborhood-and just minutes from Algonquin Commons, Randall Rd retail, and I90-these two adjoining parcels offer a rare 2.23acre canvas for your next townhouse or single-family project. Buildable Area: 1.29 AC ( 56,000 sq ft) Retention / Green Space: 0.94 AC - carved out for stormwater management Current Zoning: Industrial (light) Future Land Use: Designated Residential in the Village of Algonquin Comprehensive Plan Village Support: Staff has indicated a clear preference for higher density residential (townhomes) or well-designed SFR infill to bolster nearby restaurants and retailers. FastTrack Rezoning: Submit your concept plan and launch the Village's streamlined process (Replat + PD Review + Rezoning) - typical turnaround 90 days. Utilities: Water, sewer, gas, and electric are all at the lot line. Motivated Seller: Bring your vision and an offer-seller is ready to move quickly. Why this site? High Demand submarket: Limited new construction inventory in Algonquin's core means strong end absorption for townhomes or boutique SFR. Shovel Ready timeline: No farmland annexation or offsite improvements-just finalize your plan, secure rezoning, and pull permits. Builtin marketing hook: "Live steps from shops, dining, and recreation" resonates with both downsizers and young professionals. Ready to capitalize on this infill gem? Contact me today.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,131
Lot Details
- Lot Dimensions are 150x433x191.98x313.52
- Property fronts a county road
- Corner Lot
- Additional Parcels
- Property is zoned INDUS
Community Details
- No Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2025 10/21/25 | For Sale | $249,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12501105
- 2 Cumberland Pkwy
- 1943 Ozark Pkwy
- 1770 E Algonquin Rd
- Lot 4 b Ryan Pkwy
- 2150 E Algonquin Rd
- 1659 E Algonquin Rd
- 1730 Tanglewood Dr
- 1670 Yosemite Pkwy
- 2008 Clematis Dr
- 1011 Wesley Ln
- 2003 Magenta Ln
- 460 Mahogany Dr
- 400 Diamond Back Way
- 9999 Sandbloom Rd
- 920 Plymouth Ct
- 911 Old Oak Cir Unit 1
- 69 Alice St
- 903 Old Oak Cir
- 2260 Indigo Dr
- 1188 E Algonquin Rd
- 9 Lake Plumleigh Ct Unit 1
- 20 Hickory Ln
- 1530 Glacier Trail Unit 553
- 1309 Silverstone Dr Unit 1305
- 1131 Silverstone Dr Unit 1131
- 1231 Silverstone Dr Unit 1231
- 1531 Silverstone Dr Unit 1516
- 1809 Silverstone Dr Unit 185
- 2327 Silverstone Dr Unit 2314
- 1431 Silverstone Dr Unit 1416
- 2125 Silverstone Dr Unit 2113
- 2023 Silverstone Dr Unit 2012
- 1 N Main St
- 1404 Keele Dr
- 149 Austin Ave
- 121 Pheasant Trail
- 921 Mesa Dr
- 34 Hickory Dr
- 12 Gail Ct
- 355 Crestwood Ct