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Listing provided courtesy of Baird & Warner Real Estate - AlgonquinMREDas Distributed by MLSGrid- MLS# 12152509MLS Provider

1188 E Algonquin RoadAlgonquin, IL 60102

Vacant Land · 1.04 Acres
$89,900 Active

1188 E Algonquin Road Overview

Time on Site:
667 days
Visits:
13

**PRICE REDUCED** ***ALL OFFERS WILL BE CONSIDERED*** Exceptional investment opportunity! This 1.04-acre vacant lot is located in the highly sought-after Fountain Square area of Algonquin. This prime parcel benefits from a robust daily traffic count of 40,000 vehicles, ensuring substantial exposure for any business venture. Zoned B-1, the property offers a range of possibilities. This versitile lot offers the opportunity to build your dream business without breaking the bank. Surrounded by established businesses and municipal facilities, this lot offers great visibility and potential. The property is equipped with established infrastructure, including paved parking and an upper level row, which supports an efficient development process. Don't miss out-contact us today to see how this property can work for you.

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1188 E Algonquin Road Facts & Features

  • Type Vacant Land
  • Lot 1.04 Acres

Details

General

School Information

  • School District: 300

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Algonquin
  • Township: Algonquin

Tax Information

  • Tax Annual Amount: $5,308.86
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1934279012
  • Possible Use: Commercial,Office,Retail,Other
  • Property Type: Land
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 172
  • Frontage Type: City Street,Easement,Public Road,Paved
  • Lot Size Acres: 1.04
  • Lot Size Dimensions: 172X195X256X243
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby,Water Nearby

1188 E Algonquin Road Neighborhood

Community

60102 (ALGONQUIN) Demographics

43
Median Age
2,202
Population Density (per sq. mile)
52%
College Educated
$109,964
Estimated Median Income
10,207
Estimated Total Home Owners
1,632
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1188 E Algonquin Road Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1188 E Algonquin Road Market Data

Based on the last 30 days in this zip code

$508,520
Average List Price
$207
Average Price per Square Foot
44
Properties Sold
52
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

1188 E Algonquin Road History

Date Event Value Agent
4/14/2026Source: MRED Status Change
Active
4/9/2026Source: MRED Price Reduction
$89,900 -5.4%
4/9/2026Source: MRED Status Change
Price Change
3/14/2026Source: MRED Status Change
Active
3/9/2026Source: MRED Price Reduction
$95,000 -17.4%
3/9/2026Source: MRED Status Change
Price Change
2/14/2026Source: MRED Status Change
Active
2/9/2026Source: MRED Price Reduction
$115,000 -11.5%
2/9/2026Source: MRED Status Change
Price Change
1/27/2026Source: MRED Status Change
Active
1/22/2026Source: MRED Price Reduction
$129,900 -7.1%
1/22/2026Source: MRED Status Change
Price Change
1/8/2026Source: MRED Status Change
Active
1/3/2026Source: MRED Price Reduction
$139,900 -6.7%
1/3/2026Source: MRED Status Change
Price Change
12/1/2025Source: MRED Status Change
Active
11/26/2025Source: MRED Price Reduction
$149,900 -3.2%
11/26/2025Source: MRED Status Change
Price Change
10/21/2025Source: MRED Status Change
Active
10/16/2025Source: MRED Price Reduction
$154,900 -3.1%
10/16/2025Source: MRED Status Change
Price Change
8/27/2025Source: MRED Status Change
Active
8/22/2025Source: MRED Price Reduction
$159,900 -3.0%
8/22/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Price Reduction
$164,900 -2.9%
7/31/2025Source: MRED Status Change
Active
5/21/2025Source: MRED Status Change
Active
5/16/2025Source: MRED Price Reduction
$169,900 -12.8%
5/16/2025Source: MRED Status Change
Price Change
2/8/2025Source: MRED Status Change
Active
2/3/2025Source: MRED Price Reduction
$194,900 -2.5%
2/3/2025Source: MRED Status Change
Price Change
9/5/2024Source: MRED Status Change
Active
8/31/2024Source: MRED Added to Database
August 31, 2024