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602 S Main Street, Algonquin, IL 60102
$300,000
602 S Main Street, Algonquin, IL 60102View this property at 602 S Main Street, Algonquin, IL 60102
602 S Main StreetAlgonquinIL60102
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Property Description
Prime Multi-Family Development Opportunity in Algonquin's Central Business District (Old Town Zoning District). Situated at the SWC of Route 31 Bypass & Main Street, the subject parcel consists of 1.87 acres with 600' of frontage along the bypass. Zoned O-T (Old Town) with all utilities to site. Village support for multi-family market rate apartments, townhomes, condominiums, assisted living, senior housing. Village is desirous of having higher density residential to support restaurant & retailers in the historic central business district. Previous development plans inlcuded 60 units of condominiums with preliminary approval from the Village. Surrounding acreage owned by the Village and may be available contingent on proposed development plans.
Full Property Details
Full Property Details for 602 S Main St
General
- Sold For: $300,000
- Taxes: $13,911 (2022)
- Status: Closed
- Type: Lots/Land
- MLS ID: 11817307
- Added to Site: 308 day(s) ago
Location
- Area: Algonquin
- County: Mc Henry
- Driving Directions: From Algonquin Road/Main Street Intersection, proceed south to SWC of Main St/Route 31 Bypass. Property has 600' +/- of frontage along south side of Route 31 Bypass (between Bypass and Legion Drive (Access Road).
School Information
- School District: 300
- Midd School District: 300
Utilities
- Onsite: Electricity to Site, Gas to Site, Municipal Water
Structural Information
- Square Feet: 1.87
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 1.87
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 596.9 x 170
- Frontage: City Street
- Frontage Feet: 596.9
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $13,911
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1933227032
Listed by Blue Chip Commercial Real Estate
Sold by CENTURY 21 New Heritage West
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Schools
Schools serving 602 S Main St
School District:Community Unit School District 300
Rating | Name | Grades | Distance |
---|---|---|---|
1100 Huntington Dr, Algonquin, IL 60102 | K-5 | 0.7 mi | |
2100 Sleepy Hollow Rd, Algonquin, IL 60102 | K-8 | 1.9 mi | |
2601 Bunker Hill Dr, Algonquin, IL 60102 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 602 S Main St
Date
Details
Price
Change
Source
12/18/2023
Sold
$300,000
-23.08%
MLS
6/26/2023
Listed
$390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
602 S Main Street, Algonquin, IL 60102 (MLS# 11817307) is a Lots/Land property that was sold at $300,000 on December 18, 2023. Want to learn more about 602 S Main Street? 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.