0 Sherman Road Algonquin, IL
$ 825,000
Property Attributes
  • MLS#10639453
  • TypeContingent
  • CountyMC HENRY
  • CityAlgonquin
  • AreaAlgonquin
  • Zip60102
  • StyleCommercial,Development
  • Taxes$ 33171
  • Price$ 825,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.52 Acres
Listing Provided Courtesy Of:
Premier Commercial Realty
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Randall Road Corridor Land Opportunity - Price Reduced: 4.60 Acres located in heart of Algonquin's Randall Road retail corridor. Situated between Holiday Inn, Colonial Cafe, Jacobs High School, and the Woodscreek Shopping Center with Target, Kohl's, Petco, etc. Fully improved with utilities to site and off-site detention. Randall Road Pylon Signage. Zoned B2 PUD. Ideal for retail, office, medical office, hospitality/hotel, entertainment. Potential for assisted living or senior housing. Bank will consider financing and participating with Buyer in the due diligence and/or entitlement approval process (call Broker for details). $4.13 psf.

Price History
2/17/2020 Listed $900,000
10/23/2020 9% - $825,000

General Features

Additional Parcels Y/N No
City Algonquin
Contingency Other Contingency
County Mc Henry
Current Use Commercial, Development
Days on Market 640
Directions From the intersection of Randall Road & Bunker Hill, proceed west to Sherman Road and turn left (south). Property is on the west side of Sherman Road.
Elementary School District 300
High School District 300
MLS Area Algonquin
Middle/Junior School District 300
Ownership Fee Simple
Possession Closing
Possible Use Commercial, Office and Research, Development, Recreational, Multi-Family, Retail
Property Type Land
Property Type Land
Standard Status Active Under Contract
Status Contingent
Street Name Sherman
Tax Annual Amount 33171.3
Tax Year 2020
Township Algonquin
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Zoning COMMR

Interior Features

Street Suffix Road

Exterior Features

Frontage Length 201
Frontage Type City Street
Lot Dimensions 201 X 597 X 261 X 196 X 204 X 270 X
Lot Size Acres 4.52
Road Surface Type Asphalt
Waterfront Y/N No


  • 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 Contingent Average in 60102

AVG $500K
AVG $7,334
AVG 106
AVG 32
Data Provided by Walkscore ® not using MLS data

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