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Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
Total Lot Size 4.13 AC
Zoning R-2 - Current zoning: R-2 Available rezoning: R-4, B-2, or B-3

1 Lot Available

Lot

Lot Size 4.13 AC

Description

Prime 4.17-acre land opportunity offering great visibility and access at a signalized intersection on Algonquin Road. The site features approximately 765 feet of frontage and benefits from strong traffic volumes of 26,000 AADT (2025) / 22,300 AADT (2024). Located just two blocks west of Randall Road (36,300 AADT), the property sits in a high-demand commercial corridor with immediate proximity to major national retailers including Costco, Lowe’s, Meijer, and Home Depot, serving a surrounding base of 3,374 households. Allowable uses under potential zoning include multi-family residential, hotel, and a broad range of commercial, service, and retail uses—making this a flexible opportunity for a variety of development strategies. This hard-corner location combines high traffic counts, excellent frontage, and strong surrounding retail demand, positioning it as an attractive site for multi-family, hospitality, or commercial development.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 19-30-253-004
  • 19-30-253-005
Land Assessment
$625,996 CAD
Improvements Assessment
$0 CAD
Total Assessment
$625,996 CAD
  • Listing ID: 41408117

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: NEC Algonquin & Harvest Gate Rd, Lake In The Hills, IL 60156

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