Lot 1-6 Starr

Algonquin, IL 60102

$2,500,000
Price
261,360 / 6
Lot Size / Acres

Description

Prime Riverfront Investment Opportunity in Algonquin, Illinois. Welcome to a rare gem along the tranquil Fox River - a pristine just over six acre parcel of buildable land with potentially eight piers capable of accommodating 16 boats. This unique property is comprised of six parcels, offering the flexibility to be subdivided into 25 buildable lots, making it an ideal investment for developers. Seconds away from the heart of downtown Algonquin, Route 62 and Main Street. Enjoy the charm of quaint...Prime Riverfront Investment Opportunity in Algonquin, Illinois. Welcome to a rare gem along the tranquil Fox River - a pristine just over six acre parcel of buildable land with potentially eight piers capable of accommodating 16 boats. This unique property is comprised of six parcels, offering the flexibility to be subdivided into 25 buildable lots, making it an ideal investment for developers. Seconds away from the heart of downtown Algonquin, Route 62 and Main Street. Enjoy the charm of quaint shops, delectable eateries, and vibrant gathering spots. The nearby developments ensure all necessary utilities are within reach, easily accessible from nearby subdivisions. The booming TIF district is in full swing, so why not seize the opportunity to be a major player. This property presents itself as a prime investment opportunity. The savvy developer can make a significant impact. The strategic location and potential for subdivision add layers of value, making it an attractive prospect for those looking to make a mark in Algonquin's growing real estate scene. Adjacent to the property is the expansive 18-acre Presidential Park, offering three baseball diamonds, soccer and football fields, and a 7/10-mile walking path with exercise stations. This adds not only recreational value but also enhances the overall appeal of the location. Don't miss the chance to be part of Algonquin's growth story. Come on by and explore the endless possibilities that this property presents. Whether you're envisioning a waterfront community or an exclusive development. This is your canvas to create something extraordinary. The parcel #'s are: 19-26-329-029 19-26-377-012 19-26-328-007 19-29-328-003 19-26-328-008 19-26-328-006.
  1. Listed by Peter Lipsey • Berkshire Hathaway HomeServices Chicago
  2. Listed by Mary Ann Kollar • Berkshire Hathaway HomeServices Chicago

Property Details for Lot 1-6 Starr

Area
Algonquin
Township
Algonquin
Ownership
Fee Simple
Num Of Parking Spaces
0.0

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
LISTING UPDATED: 03/04/2024 02:42 PM

Property Details for Lot 1-6 Starr

StatusActive
MLS #11971236
Days on Market195
Taxes$9,828 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size6.00 AC
CountyMc Henry

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

Building Information for Lot 1-6 Starr

Lot Size6.00 AC

Payment Calculator

$14,463 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$819

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Lot 1-6 Starr

General Information
School Information
  • Elementary School District: 300
  • High School District: 300
  • Middle Or Junior School District: 300
Location and General Information
  • Frontage Length: 0
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: None
Property/Lot Information
  • Lot Size: 5.0-5.99 Acres
  • Lot Dimensions: 5-6 ACRES
  • Buildings on Land: No
  • Waterfront: Yes
  • General Information: None
Property and Assessments
  • Possible Use: Condominium, Recreational, Residential, Single Family
  • Public Document Count: 0
  • Photos Count: 7
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Agricultural
  • Known Existing Liens: None Known
  • Location: Park Adjacent,Shopping Mall
  • Road Surface: Dirt
  • Total Listed Lots Avail: 25
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for Lot 1-6 Starr

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

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Lot 1-6 Starr is a 6 ac of land for sale in Algonquin, IL 60102. This property was listed for sale on February 27, 2024 by Berkshire Hathaway HomeServices Chicago, it's currently listed at $2,500,000. Lot 1-6 Starr is a 0-bed, 0-bath, 6 ac of land on a 261,360 sq. ft. / 6 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway HomeServices Chicago

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. Based on information submitted to the MLS GRID as of 03/04/2024 02:42 PM. 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.