Skip main navigation
Price change
  • Price cut: $650K (3/19)
    $5,100,000

    2150 E Algonquin Rd, Algonquin, IL 60102

    --beds
    --baths
    8.69Acres
    Unimproved Land
    Built in ----
    8.69 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    723 days
    |
    47
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 19, 2026 at 11:26am

    Listing courtesy of:

    Dakota Nilson 312-337-0200,

    @properties Commercial

    Source: MRED as distributed by MLS GRID,MLS#: 12014037MLS Logo

      Facts & features

      Property

      Features
      • Frontage length: 800
      Lot
      • Size: 8.69 Acres
      • Dimensions: 800X475
      Details
      • Additional parcels included: 1935400006,1935400007,1935477053
      • Parcel number: 1935400005
      • Zoning: OTHER
      • Special conditions: None

      Utilities & green energy

      • Utilities for property: Electric to Site, Natural Gas Available, Water Available

      Community & HOA

      Location
      • Region: Algonquin

      Financial & listing details

      • Annual tax amount: $67,249
      • Date on market: 3/27/2024
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/19/2026Price change$5,100,000-11.3%
        Source: MRED as distributed by MLS GRID #12014037 Report a problem
        7/8/2025Price change$5,750,000-4.2%
        Source: MRED as distributed by MLS GRID #12014037 Report a problem
        3/27/2024Listed for sale$6,000,000
        Source: MRED as distributed by MLS GRID #12014037 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 60102

        Getting around

        43 / 100
        Car-Dependent
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 158

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Local experts in 60102

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel