$2,500,000 Price Analysis    ♡   Algonquin, IL 60102 Unknown bed 0 bath unknown SqFt ($0/SqFt) Listed 2024-02-27, Taxes $2,197 | Ⓧ USDA Ineligible due to property near Algonquin |
Prime Riverfront Investment Opportunity in Algonquin
Illinois. Welcome to a rare gem along the tranquil Fox River - a pristine over six acre parcel of buildable land with potentially eight piers capable of accommodating 16 boats. This unique property is comprised of six parcels, offering the flexibility to be subdivided into 25 buildable lots, making it an ideal investment for developers. Seconds away from the heart of downtown Algonquin, Route 62 and Main Street. Enjoy the charm of quaint shops, delectable eateries and vibrant gathering spots. The nearby developments ensure all necessary utilities are within reach, easily acce ssible from nearby subdivisions. The booming TIF district is in full swing, so why not seize the opportunity to be a major player.
This property presents itself as a prime investment opportunity. The savvy developer can make a significant impact. The strategic location and potential for subdivision add layers of value, making it an attractive prospect for those looking to make a mark in Algonquin's growing real estate scene. Adjacent to the property is the expansive 18-acre Presidential Park, offering three baseball diamonds, soccer and football fields and a 7/10-mile walking path with exercise stations. This adds not recreational value but also enhances the overall appeal of the location. Don't miss the chance to be part of Algonquin's growth story. Come on by and explore the unlimited possibilities that this property presents. Whether you're envisioning a waterfront community or an exclusive development. This is your canvas to create something extraordinary. The parcel #'s are: 19-26-329-029 19-26-377-012 19-26-328-007 19-29-328-003 19-26-328-008 19-26-328-006.
Presented by Peter Lipsey at
Berkshire Hathaway HomeServices Chicago.
Property MLS #11971236 from MRED
Additional Parcels: Yes
Road Surface Type: Dirt
Calculated Total Monthly Association Fees: 0
High School District: 300
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: McHenry
Current Use: Agricultural
Directions: Algonquin to River to Starr.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Land
Possible Use: Condominium, Recreational, Residential, Single Family
Parcel Number: 1926329029
Township: Algonquin
Property Subtype: Land
Lot Number: 1-6
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $25,625 $25,625 | $2,197 |
| 2021 | $unknown + $23,873 $23,873 | $2,118 |
| 2020 | $unknown + $23,028 $23,028 | $2,067 |
| 2019 | $unknown + $22,041 $22,041 | $2,023 |
| 2018 | $unknown + $22,041 $22,041 | $2,100 |
| 2017 | $unknown + $20,764 $20,764 | $2,067 |
| 2016 | $unknown + $19,475 $19,475 | $2,047 |
| 2015 | $unknown + $18,266 $18,266 | $2,018 |
| 2014 | $unknown + $17,401 $17,401 | $1,986 |
| 2013 | $unknown + $18,168 $18,168 | $1,944 |
| 2012 | $unknown + $19,367 $19,367 | $1,902 |
| 2011 | $unknown + $21,297 $21,297 | $1,817 |
$2,500,000
MRED
Listing removed 2022-03-29
$289,000
MRED
Listing removed 2022-03-29
$419,000
MRED
Listing removed 2020-01-18
$289,000
MRED
Listing removed 2019-10-02
$144,000
MRED
Listing removed 2019-10-02
$369,000
MRED
Listed 2019-08-23
$289,000
MRED
Listing removed 2019-08-23
$0
MRED
Listing removed 2019-08-23
$0
MRED
Price Changed 2019-02-26
$369,000
MRED
Listed 2018-03-02
$144,000
MRED
Listed 2018-02-23
$399,000
MRED
Listing removed 2017-02-20
$349,900
MRED
Listed 2017-01-27
$349,900
MRED
Listing removed 2017-01-27
$399,900
MRED
Listed 2016-01-29
$399,900
MRED
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.