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2450 W Algonquin Road, Lake in the Hills, IL 60156
$1,280,000 Contingent
2450 W Algonquin Road, Lake in the Hills, IL 60156View this property at 2450 W Algonquin Road, Lake in the Hills, IL 60156
2450 W Algonquin RoadLake in the HillsIL60156
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Property Description
4566 sq ft freestanding masonry single story commercial building at McHenry County's busiest intersection (Randall and Algonquin Rds). Former Bank of America branch with covered drive-thru area that can be reclaimed for more parking or revamped for a fast food drive thru. Limited access makes this ideal for a destination retailer or a cannibis user with its vault still in tact. 8/29/23 MAI appraisal on file. SBA financing available with 10% down. Seller is McHenry County (no real estate taxes currently). Pace bus stop in front on Randall Road.
Full Property Details
Full Property Details for 2450 W Algonquin Rd
General
- Price: $1,280,000
- Taxes: (2022)
- Status: Contingent
- Type: Store
- MLS ID: 11920592
- Updated: 1/8/2024
- Added to Site: 184 day(s) ago
Interior
- Interior Features: Passenger Elevator(s), Accessible Washroom/s, Private Restroom(s)
- Flooring: Carpet, Tile, Varies
Additional Information
- Security/Safety: Sprinklers (Wet)
Parking
- Parking Features: 6 to 12 Spaces, Lighted, Open, Private Lot
Location
- Area: Lake in the Hills
- County: Mc Henry
- Township: Algonquin
- Driving Directions: NEC of Randall Rd and Algonquin Rd
- Location Details: Central Business District, Corner, Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Ceiling Height: 10
- Sub-Flooring: Carpet, Tile, Varies
- Stories/Levels: 1
- Square Feet: 4,566
- Current Bldg. Use: Commercial
- Year Built: 2004
Lot Features
- Lot Size (Sq. Ft.): 25,613
- Lot Dimensions: 180 x 200
- Frontage: Easement
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Sprinklers-Wet
- Assessment Year: 2004
- Tax Year: 2022
Disclosures and Reports
- Documents Avail.: Aerial Map, Appraisal, Demographics, Legal-Description, Floor Plan, Existing Survey, Tax Bill, Traffic Counts, Backup Package
- Property ID: 1929151034
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Schools
Schools serving 2450 W Algonquin Rd
School District:Community Unit School District 300
Rating | Name | Grades | Distance |
---|---|---|---|
500 Harvest Gate, Lk in The Hls, IL 60156 | K-5 | 0.5 mi | |
2100 Sleepy Hollow Rd, Algonquin, IL 60102 | K-8 | 2.2 mi | |
2601 Bunker Hill Dr, Algonquin, IL 60102 | 9-12 | 0.7 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 2450 W Algonquin Rd
Date
Details
Price
Change
Source
10/31/2023
Listed
$1,280,000
-71.4%
MLS
4/22/2014
Sold
$4,475,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2450 W Algonquin Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
-100%
$442,760
7%
2021
$37,465
—
$412,483
4%
2021
$37,465
4%
$397,881
4%
2019
$35,895
4%
$380,820
8%
2018
$34,554
—
$351,797
—
Disclaimer: Historical tax 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 2450 W Algonquin Rd
2450 W Algonquin Road, Lake in the Hills, IL 60156 (MLS# 11920592) is a Store property. 2450 W Algonquin Road is currently listed for $1,280,000 and was received on October 31, 2023. Want to learn more about 2450 W Algonquin Road? Do you have questions about finding other Store real estate for sale in Lake in the Hills? You can browse all Lake in the Hills real estate or contact a Coldwell Banker agent to request more information.