4.6 Acres Commercial Land in Algonquin
Lot 5 Sherman Road, Algonquin, Illinois 60102
Sold: $730,000
Property Details
Property Type
Land
Building Type
Freestanding
Land Size
4.6 acres
Sewer
City
Water
City
Zoning
B2 PUD
Electric
to site
Property Description
Randall Road Corridor Land Opportunity - Price Reduced!
4.60 Acres Heart of Algonquin's Randall Road retail corridor. Bank owned commercial development site situated between Holiday Inn, Colonial Cafe, Jacobs High School, and the Woodscreek Shopping Center (Target, Kohl's, Petco, etc). Fully improved with utilities to site and off-site detention. Randall Road Pylon Signage. Zoned B2 PUD. Ideal for retail, office, medical office, hospitality/hotel, entertainment. Potential for assisted living or senior housing. Bank will consider financing and participating with Buyer in the due diligence and/or entitlement approval process (call broker for details). $4.13 psf.