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2 Properties Within 0.5 miles of: 602 S Main, Algonquin

602 S Main
Algonquin, IL 60102

Price

$650,000

Est Payment
$4,482 / month (details)  
Taxes
$12,811  
Type
Land  
Sq. Ft.
n/a  
Lot Size
596.9X170  
Neighborhood
Algonquin  
MLS
#11027895
Status
Expired

Property Description

Prime Multi-Family Development Opportunity in Algonquin's Central Business District (Old Town Zoning District)! Situated at the SWC of Route 31 Bypass & Main Street, the subject parcel consists of 1.87 acres with 600' of frontage along the bypass. Zoned O-T (Old Town) with all utilities to site. Village support for multi-family market rate apartments, townhomes, condominiums, assisted living, senior housing. Village is desirous of having higher density residential to support restaurants & retailers in the historic central business district. Previous development plans included 60 units of condominiums with preliminary approval from the Village. Surrounding acreage owned by the Village and may be available contingent on proposed development plans.

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

03-21-2021 Listed at $650,000
03-15-2022 Status changed to Expired
Last Modified 3/15/22 12:05 AM
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