2150 E Algonquin Road — Algonquin, IL 60102
Active
▼ $900,000
Algonquin, IL 60102

2150 E Algonquin Road

$5,100,000
0 beds · 0 baths
$900,000 below original 760 days on market $67,250/yr taxes
01About this home

Price Reduced! 8.69 Acre Development Opportunity on Algonquin Road Now offered at a newly adjusted price, this 8.69-acre development site presents a rare opportunity with over 800' of frontage along Algonquin Road (Route 62). The property consists of three parcels, including a 1.00-acre drive-thru capable pad, a 0.69-acre parcel, and a ~7-acre development site. Zoned B-2 and I-1, the property allows for a wide range of uses including retail, mixed-use, residential, medical, and flex industrial. A conceptual plan has been completed illustrating a mixed-use development with retail frontage and residential density in the rear, providing a clear vision for future development. Utilities are available to site including water, sewer, gas, and electric, with multiple access points enhancing flexibility for site planning. The property can be purchased as a whole or in pieces, offering optionality for developers, investors, and users. This is a unique opportunity to acquire a large-scale, flexible development site at a newly reduced price in a growing corridor. Contact listing agent for additional information.

02Inside the home
03By the numbers
$5,100,000
List price
Square feet
Bedrooms
Bathrooms
Year built
8.69 ac
Lot size
Garage spaces
$67,250
Annual taxes
Land
Style
760
Days on market
04History

Every event we have for this address, straight from the MLS.

Mar 25, 2026
Price reducedThis listing
@properties Commercial
$5,100,000
−$900,000
Mar 27, 2024
Listed for saleThis listing
@properties Commercial
$6,000,000
Sourced from MRED. Older events appear here as our history backfill completes.
05Ask Dwello

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06See it for yourself

Stand in the kitchen.
See the light at 4pm.

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Connect with Ewelina, Brandon, or Sonia — real people on our team, no call centers.
Listed by @properties Commercial · Dakota Nilson
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12014037