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WEST OF RANDALL ROAD, SOUTH OF HARNISH Dr
Algonquin, IL 60102
DEVELOPMENT OPPORTUNITY · Land For Sale · 20.00 AC

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EXECUTIVE SUMMARY

+ ±20 acres, approved for 325 apartment units
+ Millbrook Drive is recently completed and extended all the way to Harnish Drive and has been dedicated to Algonquin
+ Buyer is responsible for extending Becky Lynn Lane which is estimated to be 550 LF
+ Buyer is responsible for their own Storm Water System installation and maintenance, but detention is already rough graded
+ Utilities to site, detention off site
+ Due Diligence available upon request
+ Located west of the Algonquin Commons Shopping Center
+ In close proximity to retail, dining, and entertainment along the Randall Road Corridor
+ Traffic Counts: 43,700 vehicles per day on Randall Road
+ Asking $6,800,000
+ Please call for additional information

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Hold For Development
  • Hold For Investment
Total Lot Size 20.00 AC

1 LOT AVAILABLE

Lot

Price $9,407,052 CAD
Price Per AC $470,352.58 CAD
Lot Size 20.00 AC
  • Listing ID: 25311110

  • Date on Market: 2022-03-23

  • Last Updated:

  • Address: WEST OF RANDALL ROAD, SOUTH OF HARNISH Dr, Algonquin, IL 60102

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