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1 E Algonquin Rd
Schaumburg, IL 60173
12.6 Acre Redevelopment Site · Land For Sale
·
12.60 AC
Investment Highlights
- 12.64 acre redevelopment site
- Redevelopment potential as retail, restaurant or office space
- Potential to redevelop as multifamily complex or town homes
Executive Summary
A 12.64 acre redevelopment site is available for sale on Algonquin Rd. This site has been rezoned and approved for 400 units multi-family complex. This site is in a highly desirable location in Schaumburg, close to the Motorola and Zurich office campuses and a short drive from I-90 and Meacham Rd.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.60 AC |
| Property Type | Land |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.60 AC |
1 Lot Available
Lot
| Price | $19,393,359 CAD | Lot Size | 12.60 AC |
| Price Per AC | $1,539,155.51 CAD |
| Price | $19,393,359 CAD |
| Price Per AC | $1,539,155.51 CAD |
| Lot Size | 12.60 AC |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $857,136 CAD | Total Assessment | $857,136 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$857,136 CAD
Improvements Assessment
$0 CAD
Total Assessment
$857,136 CAD
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