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$95,000
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Property Description
**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.
Full Property Details
Full Property Details for 1188 E Algonquin Rd
General
- Price: $95,000
- Taxes: $5,308 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12152509
- Updated: 3/15/2026
- Added to Site: 580 day(s) ago
Location
- Area: Algonquin
- County: McHenry
- Township: Algonquin
- Driving Directions: Located adjacent to office buildings in Fountain Square retail center, right on Algonquin Road.
School Information
- School District: 300
- Elem School District: 300
- Midd School District: 300
- High School District: 300
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Water Nearby
Structural Information
- Square Feet: 1.04
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 1.04
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 172 x 195 x 256 x 243
- Frontage: City Street, Easement, Public Road, Paved
- Frontage Feet: 172
- Street/Road Desc.: Asphalt
- Potential Use: Commercial, Office, Retail, Other
Financial Considerations
- Tax Amount: $5,308.86
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1934279012
Listed by Baird & Warner Real Estate - A and Baird & Warner
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Schools
Schools serving 1188 E Algonquin Rd
School District:Community Unit School District 300
| Name | Grades | Distance |
|---|---|---|
Eastview Elementary School, Algonquin, IL 540 Longwood Drive, Algonquin, IL 60102 | K-5 | 0.5 mi |
Algonquin Middle School, Algonquin, IL 520 Longwood Drive, Algonquin, IL 60102 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1188 E Algonquin Rd
Date
Details
Price
Change
Source
3/09/2026
Price Reduced
$95,000
-17.39%
MLS
2/09/2026
Price Reduced
$115,000
-11.47%
MLS
1/22/2026
Price Reduced
$129,900
-7.15%
MLS
1/03/2026
Price Reduced
$139,900
-6.67%
MLS
11/26/2025
Price Reduced
$149,900
-3.23%
MLS
10/16/2025
Price Reduced
$154,900
-3.13%
MLS
8/22/2025
Price Reduced
$159,900
-3.03%
MLS
7/14/2025
Price Reduced
$164,900
-2.94%
MLS
5/16/2025
Price Reduced
$169,900
-12.83%
MLS
2/03/2025
Price Reduced
$194,900
-2.5%
MLS
8/31/2024
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1188 E Algonquin Rd
1188 E Algonquin Road, Algonquin, IL 60102 (MLS# 12152509) is a Lots/Land property with a lot size of 1.04 acres. 1188 E Algonquin Road is currently listed for $95,000 and was received on August 31, 2024. Want to learn more about 1188 E Algonquin Road? Do you have questions about finding other Lots/Land real estate for sale in Algonquin? You can browse all Algonquin real estate or contact a Coldwell Banker agent to request more information.

