1188 East Algonquin Road, Algonquin, IL

$249,900

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1.04

Acres

About 1188 East Algonquin Road

Prime Investment Opportunity in Vibrant Algonquin! Unlock the potential of this 1.04-acre vacant lot strategically positioned in the heart of Algonquin's Fountain Square retail and office center. Boasting an incredible daily traffic count of 35,000 vehicles (IDOT), this parcel is a canvas for your entrepreneurial dreams. Zoned B-1 for versatile possibilities! Capitalizing on its B-1 zoning, this property welcomes a diverse range of ventures, including: Brewery/Winery/Distillery: Craft your vision with a space open to the public and retail. Business/Medical/Professional Offices: Elevate your practice in a thriving location. Retail Sales and Specialty Stores: Bring your unique offerings to a bustling market. Financially Attractive! Surprisingly low 2022 taxes at just $1,000.30, thanks to proactive negotiations by the owner, reducing them by nearly 90%! Seize this opportunity to build your dream business without breaking the bank. Ready infrastructure included! Benefit from existing paved parking, including an "upper level" row, streamlining your development process. This lot is not just empty; it's a canvas awaiting your masterpiece! Fountain Square's Hidden Gem! Surrounded by established businesses, municipal facilities, and utilities, this lot promises visibility and synergy. Don't miss out-drive by and envision your success today!

Features of 1188 East Algonquin Road

MLS® # 11941650
Price $249,900
Bathrooms 0.00
Acres 1.04
Type Land
Sub-Type Land
Status Active

Community Information

Address 1188 East Algonquin Road
Area Algonquin
City Algonquin
County Mc Henry
State IL
Zip Code 60102

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

District 300

Additional Information

Days on Market 145
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner

Listing Map

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