Mixed-Use Land for Sale in Algonquin, Illinois

1782 Cumberland Pkwy Algonquin, IL 60102

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$249,000
1.29 acres
Active sale agoEst $2,166/mo

LOCATION, LOCATION, LOCATION. Great peace of land, 2 LOTS in the middle of a developed residential area. Currently marked as industrial zoning, the property has strong residential potential with the Village of Algonquin support for townhomes and single family homes. The Village's Future Land Use designates this property as future residential in order to have higher density residential to support restaurants and retailers. Present your project to the Village in order to start the rezoning process, which usually takes 90 days, including Replatting and Plan Development Review. The subject property has 1.29 acres buildable lot with .94 acres retention lot, totaling 2.23 acres.

Directions

Algonquin road to Chase street go northwest to the property on the corner with Cumberland parkway

Property details

Coordinates
42.1598, -88.268
Community
Algonquin
Zoning
INDUS
Elevation
860 feet
MLS Number
MRED 12067140
Date Posted

Parcels

  • 1935327004

Property taxes

2022
$3,656

This 1.29-acre property is located at 1782 Cumberland Pkwy in Algonquin, IL 60102 with latitude 42.1598 and longitude -88.268. The property is currently available for sale for $249,000 with a price per acre of $193,624. Listing data is sourced from Midwest Real Estate Data # 12067140.

Verify sale details at the property source or contact Home Realty Group at (708) 856-1440.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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