Active
45,302 Lot Size1.04 Acres
1188 E Algonquin Rd, Algonquin, IL 60102
Est: $897/moGet pre-approved
LandProperty Type
1.04 acresLot Size

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...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.
745 days on Market
  • Listed by: Hilda Jones 847.987.7089 hilda.jones@bairdwarner.com • Baird & Warner Real Estate - Algonquin
  • Listed by: Emaly Acevedo 847.971.7095 soldbyemaly@gmail.com • Baird & Warner
Last updated: 09/09/2026 12:06 AM • Source: MRED as distributed by MLS GRID, MLS#: 12152509

Location

Listing Courtesy of Baird & Warner Real Estate - Algonquin; Baird & Warner
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$897 per month

30 year fixed, 6.71% Interest

Principal and Interest

$454

Property Taxes

$442

HOA Dues

$0

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Property Information for 1188 East Algonquin Road

Property Details
  • Taxes: $5,309 / year
  • MLS Type: Land
  • Area: Algonquin
  • Township: Algonquin
  • Ownership: Fee Simple
  • Num Of Parking Spaces: 0.0
Building Information
  • Lot Size: 1.04 AC
General Information
School Information
  • Elementary School District: 300
  • High School District: 300
  • Middle Or Junior School District: 300
Location and General Information
  • Frontage Length: 172
  • Frontage Type: City Street, Easement, Public Road, Paved
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby
Property/Lot Information
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 172X195X256X243
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Possible Use: Commercial, Office, Retail, Other
  • Public Document Count: 0
  • Photos Count: 15
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 1188 East Algonquin Road

DateEvent & SourcePriceAppreciation
Sep 3, 2026

Price Change

MRED #12152509

$87,900
Apr 9, 2026

Price Change

MRED #12152509

$89,900
Mar 9, 2026

Price Change

MRED #12152509

$95,000
DateEvent & SourcePrice
09/03/2026

Price Change

MRED #12152509

$87,900
04/09/2026

Price Change

MRED #12152509

$89,900
03/09/2026

Price Change

MRED #12152509

$95,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1188 East Algonquin Road

This home is within Community Unit School District 300.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Algonquin Lakes Elementary School
PublicK to 5

Algonquin Middle School
Public6 to 8

Dundee-Crown High School
Public9 to 12

DREAM Academy
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1188 East Algonquin Road is a 1.04 ac of land for sale in Algonquin, IL 60102. This property was listed for sale on August 31, 2024 by Baird & Warner Real Estate - Algonquin, it's currently listed at $87,900. This listing's school district is Community Unit School District 300. Nearby schools include Algonquin Lakes Elementary School, Algonquin Middle School and Dundee-Crown High School. 1188 East Algonquin Road is a 0-bed, 0-bath 1.04 ac of land on a 45,302 sq. ft. / 1.04 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner Real Estate - Algonquin; Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/09/2026 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.