Prime Retail Development Parcel

Algonquin Rd at Square Barn Rd Algonquin, IL 60102

Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102
Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102 Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102 Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102 Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102 Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102 Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102 Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102
FOR SALE
Property Type:
Other Land
Amount:
$1,137,975
Last Verified:
Dec 10, 2024

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Highlights

  • Adjacent to Dunkin, Walgreens & Algonquin Bank & Trust
  • 24,000 VPD on Algonquin Rd
  • All Utilities to Site.
  • Excellent Demographics.
  • Drive Thru Opportunity

Description

Situated next to Walgreens and Dunkin', the site offers 153' of frontage on Algonquin Rd. Excellent access via signaled intersection of Algonquin Rd & Square Barn Rd. All utilities are to the site.

Excellent location for Restaurant, drive thru, convenience retail, medical, or other uses serving nearby residential populations.

Located just two miles west of Randall Rd at the corner of Algonquin Rd & Square Barn Rd. Strong residential population in the immediate area. Ten public schools and three golf courses within 2.5 miles.

Lot Size: 1.04 acres


Documents

SALE Brochure - Algonquin Rd at Square Barn

Map of Algonquin Rd at Square Barn Rd, Algonquin, IL, 60102

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.