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2221-2231 E Algonquin Rd - Pad Ready Land Site +/- 4 acres 4.05 Acres of Commercial Land Offered at $2,187,280 CAD in Algonquin, IL 60102

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Investment Highlights

  • ±4.05-acre pad-ready site with completed detention and utility access.
  • High visibility with approximately 400 feet of frontage on Algonquin Road.
  • Located near Route 25 and adjacent to new and planned developments, including Kwik Trip.
  • Zoned B-2, allowing for retail, hospitality, and commercial uses.
  • Traffic counts exceeding 30,000 vehicles per day in a strong demographic area.

Executive Summary

This ±4.05-acre pad-ready site on East Algonquin Road offers a prime development opportunity in a high-traffic corridor with over 30,000 vehicles per day. Zoned B-2, the property supports a wide range of uses, including retail, hospitality, and general commercial development. The site features approximately 400 feet of frontage along Algonquin Road and is fully prepared for construction, with completed detention and access to all utilities, including water, sewer, electric, and gas.
Located adjacent to the Atomic Express Car Wash and near the intersection of Algonquin Road and Route 25, the property benefits from strong surrounding demographics and a growing commercial presence. A Kwik Trip is planned for the nearby corner, further enhancing traffic and visibility. Soil and development surveys have been completed, and the site includes full ingress and egress from Algonquin Road. This location is ideal for developers or owner-users seeking a shovel-ready parcel in a vibrant trade area with excellent connectivity and consumer demand.

Property Facts

Price $2,187,280 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
Total Lot Size 4.05 AC
Zoning B-2 - Retail, Hospitality, or Commercial

1 Lot Available

Lot 1

Price $2,187,280 CAD
Price Per AC $540,069.16 CAD
Lot Size 4.05 AC

4.05 acres commercial land with approx. 400' frontage on Algonquin Road. Inc. completed detention, utilities close to site, full ingress and egress from Algonquin Rd. Prime development area. Kwik Trip coming to corner of Algonquin Road and Route 25

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-02-200-051
  • 03-02-200-050
Land Assessment
$294,294 CAD
Improvements Assessment
$0 CAD
Total Assessment
$294,294 CAD
  • Listing ID: 28040683

  • Date on Market: 2023-03-22

  • Last Updated:

  • Address: 2221-2231 E Algonquin Rd, Algonquin, IL 60102

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