2150 E Algonquin Rd Algonquin, IL 60102
Estimated payment $35,701/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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: Midwest Real Estate Data (MRED)
MLS Number: 12014037
APN: 19-35-400-007
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