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Prime Infill Development Opportunity - 2 Lots / 2.23 AC - Algonquin, IL LOCATION, LOCATION, LOCATION! Nestled in the heart of an established residential neighborhood-and just minutes from Algonquin Commons, Randall Rd retail, and I90-these two adjoining parcels offer a rare 2.23acre canvas for your next townhouse or single-family project. Buildable Area: 1.29 AC ( 56,000 sq ft) Retention / Green Space: 0.94 AC - carved out for stormwater management Current Zoning: Industrial (light) Future Land Use: Designated Residential in the Village of Algonquin Comprehensive Plan Village Support: Staff has indicated a clear preference for higher density residential (townhomes) or well-designed SFR infill to bolster nearby restaurants and retailers. FastTrack Rezoning: Submit your concept plan and launch the Village's streamlined process (Replat + PD Review + Rezoning) - typical turnaround 90 days. Utilities: Water, sewer, gas, and electric are all at the lot line. Motivated Seller: Bring your vision and an offer-seller is ready to move quickly. Why this site? High Demand submarket: Limited new construction inventory in Algonquin's core means strong end absorption for townhomes or boutique SFR. Shovel Ready timeline: No farmland annexation or offsite improvements-just finalize your plan, secure rezoning, and pull permits. Builtin marketing hook: "Live steps from shops, dining, and recreation" resonates with both downsizers and young professionals. Ready to capitalize on this infill gem? Contact me today.
Last checked:
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Last updated Jun 14, 2025
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MLS# 12387578 —
The Building
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Basement:None
Interior
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Laundry Features:None
Location
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Directions:Algonquin road to Chase street go northwest to the property on the corner with Cumberland parkway
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Location:85240
The Property
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Parcel Number:1935327004
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Property Type:Land
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Location:N
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Lot Size Dimensions:150X433X191.98X313.52
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Possible Use:Industrial
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Zoning:INDUS
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Building On Land:No
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Frontage Type:City Street, County Road, Public Road
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Frontage Length:150
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Waterfront:false
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Additional Parcels:true
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (773) 392-5741
- Office phone:
- (773) 392-5741
Taxes
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Tax Year:2024
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Tax Annual Amount:4130.94
The Listing
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Special Listing Conditions:None
Utilities
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Utilities:Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Schools
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Elementary School District:300
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Middle Or Junior School District:300
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High School District:300
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/8/25
Jun 8, 2025
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Listed / Active | MRED | $249,900 | |
8/9/24
Aug 9, 2024
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Price Changed | MRED | ||
5/28/24
May 28, 2024
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Listed / Active | MRED |