$5,750,000
$250K PRICE DROP

2150 E Algonquin Rd Algonquin, IL 60102

Estimated payment $35,493/month

Total Views 38,356
8.69 Acres
$661,680 Price per Acre
378,536 Sq Ft Lot

About This Lot

Algonquin Road Development Site. Build-to-suit, Ground Lease, or Sale. Over 800' of frontage on Algonquin Road! Many available options, & multiple pins. Property can be sold in pieces. Zoning is both I-1 & B-2 depending on the PIN. Property can possibly be re-zoned for apartments or condos. Former Gas Station was on one site, All tanks have been removed and owner has clean environmental. Cable, Curb/Gutter/Sidewalk, Electricity, Gas, No Irrigation, Sewer, Streets, Telephone, & Water to site. Possible use: Apartment Units, Condo, Auto Dealership, Auto Repair, Commercial, Health Care, Hospitality, Hotel, Medical, Mixed Use, Office Park, Planned Unit Development, Retail Warehouse, Self-Storage & More. Contact Listing agent for additional information.

Listing Agent

Dakota Nilson

@properties Commercial License #475193738 Listed on: 03/27/2024

@properties Commercial

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $67,250

Lot Details

  • 8.69 Acre Lot
  • Lot Dimensions are 800x475
  • Additional Parcels

Home Design

  • Mixed Use

Property Details

Property Type

Land

Est. Annual Taxes

$67,250

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial, Retail, Other
  • Road Surface Type: Other
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Industrial, Office, Development, Multi-Family, Other
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 8.69
  • Lot Dimensions: 800X475
  • Zoning: OTHER
  • Lot Size: 8.0-9.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 67249.74
  • Tax Year: 2022

Map

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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 $3,186 $40,723 $40,723 --
2023 $12,703 $151,749 $90,343 $61,406
2022 $11,745 $136,958 $81,537 $55,421
2021 $11,322 $127,592 $75,961 $51,631
2020 $11,250 $125,293 $73,272 $52,021
2019 $11,505 $125,293 $73,272 $52,021
2018 $11,942 $125,293 $73,272 $52,021
2017 $15,747 $158,132 $69,027 $89,105
2016 $17,793 $169,206 $64,741 $104,465
2013 -- $200,519 $60,395 $140,124
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Price Changed $5,750,000 -4.2% --
03/03/2025 03/03/25 For Sale $6,000,000 0.0% --
03/01/2025 03/01/25 Off Market $6,000,000 -- --
03/27/2024 03/27/24 For Sale $6,000,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $150,000 None Listed On Document
Special Warranty Deed $919,709 Mgr Title Serv
Quit Claim Deed -- --
Warranty Deed $600,000 --
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12014037

Midwest Real Estate Data (MRED)

APN: 19-35-400-007