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Lot 1-6 Starr,  Algonquin IL, 60102

(Active)
$2,500,000
|
|
MLS# 11971236
Last Updated: 5/15/2024 9:29 PM
Description for Lot 1-6 Starr Algonquin, IL 60102
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
$2,500,000
Mc Henry
11971236
Active
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.
Listing Information
Property Type: Land, Other
Recreational, Residential, Single Family
Algonquin//
None
Agricultural
Neighborhood
Room Information
Exterior / Lot Features
5-6 ACRES
Front - 0
Driving Directions
Algonquin to River to Starr.
Financial Considerations
1926329029
$9,828
Listing Price History

Algonquin Real Estate

Algonquin is located in Illinois. Algonquin, Illinois 60102 has a population of 30,216.

The median household income in Algonquin, Illinois 60102 is $98,589. The median household income for the surrounding county is $87,114 compared to the national median of $66,222. The median age of people living in Algonquin 60102 is 40 years.

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Courtesy: Berkshire Hathaway HomeServices Chicago
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/15/2024. 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.

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This content last refreshed on 5/15/2024 9:29 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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