Waterfront
Address
Lot 1-6 Starr, Algonquin, IL
Price
$ 2,500,000
Property Attributes
- MLS#11971236
- TypeLand
- CountyMC HENRY
- CityAlgonquin
- AreaAlgonquin
- Zip60102
- StyleAgricultural
- Taxes$ 9827
- Price$ 2,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property 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 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.
| Price History | |
|---|---|
| 2/27/2024 | Listed $2,500,000 |
General Features
| Utilities | None |
|---|---|
| Possession | Closing |
| Township | Algonquin |
| Tax Year | 2022 |
| Current Use | Agricultural |
| Percent Ownership | Fee Simple |
| County | Mc Henry |
| Property Type | Land |
| Possible Use | Condominium,Recreational,Residential,Single Family |
| Status | Active |
| Directions | Algonquin to River to Starr. |
| City | Algonquin |
| High School District | 300 |
| MLS Area | Algonquin |
| Waterfront Y/N | Yes |
| Street Name | Starr |
| Tax Annual Amount | 9827.94 |
| Additional Parcels Y/N | Yes |
| Virtual Tour | https://tours.databasedads.com/4599877/Lot-1-6-Starr-Algonquin-IL?u=1 |
| Days on Market | 7 |
| Standard Status | Active |
| Middle/Junior School District | 300 |
| Elementary School District | 300 |
| Property Type | Land |
Exterior Features
| Lot Dimensions | 5-6 ACRES |
|---|---|
| Road Surface Type | Dirt |
| Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 60102
Price
Taxes
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of April 29, 2024 8:19 PM UTC 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.
Data is updated as of April 29, 2024 8:19 PM UTC
