2150 E Algonquin Road, Algonquin, IL 60102 | MLS #12014037 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12014037MLS Provider

2150 E Algonquin RoadAlgonquin, IL 60102

Vacant Land · 8.69 Acres
$5,100,000 Active

2150 E Algonquin Road Overview

Time on Site:
824 days
Visits:
5

Price Reduced! 8.69 Acre Development Opportunity on Algonquin Road Now offered at a newly adjusted price, this 8.69-acre development site presents a rare opportunity with over 800' of frontage along Algonquin Road (Route 62). The property consists of three parcels, including a 1.00-acre drive-thru capable pad, a 0.69-acre parcel, and a ~7-acre development site. Zoned B-2 and I-1, the property allows for a wide range of uses including retail, mixed-use, residential, medical, and flex industrial. A conceptual plan has been completed illustrating a mixed-use development with retail frontage and residential density in the rear, providing a clear vision for future development. Utilities are available to site including water, sewer, gas, and electric, with multiple access points enhancing flexibility for site planning. The property can be purchased as a whole or in pieces, offering optionality for developers, investors, and users. This is a unique opportunity to acquire a large-scale, flexible development site at a newly reduced price in a growing corridor. Contact listing agent for additional information.

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2150 E Algonquin Road Facts & Features

  • Type Vacant Land
  • Lot 8.69 Acres

Details

General

School Information

  • School District: 158

Business Information

  • Current Use: Commercial,Retail,Other

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Algonquin
  • Township: Algonquin

Tax Information

  • Tax Annual Amount: $67,249.74
  • Tax Year: 2022

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1935400005
  • Possible Use: Commercial,Conditional Use,Industrial,Office,Development,Multi-Family,Special Use,Other
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: OTHER

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 800
  • Frontage Type: City Street
  • Lot Size Acres: 8.69
  • Lot Size Dimensions: 800X475
  • Road Surface Type: Other

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Water Available

2150 E Algonquin Road Neighborhood

Community

60102 (Algonquin) Demographics

43
Median Age
2,202
Population Density (per sq. mile)
52%
College Educated
$109,964
Estimated Median Income
10,207
Estimated Total Home Owners
1,632
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2150 E Algonquin Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2150 E Algonquin Road Market Data

Based on the last 30 days in this zip code

$508,520
Average List Price
$207
Average Price per Square Foot
44
Properties Sold
52
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

2150 E Algonquin Road History

Date Event Value Agent
3/24/2026Source: MRED Status Change
Active
3/19/2026Source: MRED Price Reduction
$5,100,000 -11.3%
3/19/2026Source: MRED Status Change
Price Change
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Price Reduction
$5,750,000 -4.2%
3/8/2025Source: MRED Status Change
Active
3/3/2025Source: MRED Status Change
Re-activated
4/1/2024Source: MRED Status Change
Active
3/27/2024Source: MRED Added to Database
March 27, 2024