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18N961 Randall Rd - ***PRICE REDUCED***

3.56 Acres of Commercial Land Offered at $775,368 in Algonquin, IL 60102

Investment Highlights

  • Excellent Randall Road location in Algonquin
  • Commercial / Retail corridor
  • Very Busy Signalized Intersection

Executive Summary

This stunning property offers an exceptional opportunity for land investors and developers alike. Boasting 3.56 sprawling acres, this prime piece of real estate is brimming with potential and is waiting for someone to seize its possibilities.
Conveniently located on the SE corner of a signalized intersection at Randall Road & Longmeadow Parkway, just south of the Algonquin Commons.
A new bridge over the Fox River on Longmeadow Parkway will create a thoroughfare connecting the east corridor of Longmeadow Parkway to Huntley Road at Randall.
There are 4.75 acres for sale immediately south of the parcel that could be combined for a total of 8+ acres.

Property Facts

Price $775,368
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Carwash
  • Daycare Center
  • Medical
  • Restaurant
Total Lot Size 3.56 AC
Cross Streets Longmeadow

1 Lot Available

Lot 360

Price $775,368
Price Per AC $217,800
Lot Size 3.56 AC

* Buildable Parcel * Signalized intersection at Randall Rd & Longmeadow Pkwy * 35,900+/- VPD * Strong Demographics

Description

Development Opportunity! Signalized corner at Randall Road & Longmeadow Pkwy in Algonquin. Perfect site for Gas/C-Store, Car wash, retail center, medical, office, etc. A new bridge is currently under construction east on Longmeadow and expected to open in 2024 - over the Fox River - which will greatly increase traffic to this site and create a thoroughfare to Huntley Road.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-08-100-021
Land Assessment
$1,991
Improvements Assessment
$0
Total Assessment
$1,991

zoning

Zoning Code B-2
B-2
  • Listing ID: 6510544

  • Date on Market: 10/25/2002

  • Last Updated:

  • Address: 18N961 Randall Rd, Algonquin, IL 60102

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