1782 Cumberland Parkway,Algonquin, IL 60102
Algonquin, IL 60102
Description
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.
Details
| MLS # | 12713033 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 87 |
| Listing Provided By | NOVA PROPERTY GROUP | Vladislav Georgiev |
Features
| Zoning | INDUS |
|---|---|
| Acreage | 2.23 |
Interior
| Laundry Features | None |
|---|
Utilities
| Utilities | Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 4130.94 |
Area Information
| State | IL |
|---|---|
| County | McHenry |
| City | Algonquin |
| Zip Code | 60102 |
| Area | Algonquin |
| Listing VS Median (in 60102) | |
Price: $249,900 low | high Med: $437,490 On site: 87 low | high Med: 89 | |
Market Activity 60102
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Learn More About This Property
| State | IL |
|---|---|
| County | McHenry |
| City | Algonquin |
| Zip Code | 60102 |
| Area | Algonquin |
| Listing VS Median (in 60102) | |
Price: $249,900 low | high Med: $437,490 On site: 87 low | high Med: 89 | |
