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5 Properties Within 0.5 miles of: 1188 E Algonquin, Algonquin

1188 E Algonquin
Algonquin, IL 60102

Price

$249,900

Est Payment
$1,436 / month (details)  
Taxes
$1,000  
Type
Land  
Sq. Ft.
n/a  
Lot Size
172X195X256X243  
Neighborhood
Algonquin  
MLS
#11941650
Status
Active (144 days)

Property Description

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!

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Schools
District 300

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-04-2023 Listed at $249,900
Last Modified 2/28/24 6:12 AM
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