2150 E Algonquin Rd
Algonquin, IL 60102
(on 8.69 acres)
Local Information
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Description
Price Reduced! 8.69 Acre Development Opportunity on Algonquin Road Now offered at a newly adjusted price, this 8.69-acre development site presents a rare opportunity with over 800' of frontage along Algonquin Road (Route 62). The property consists of three parcels, including a 1.00-acre drive-thru capable pad, a 0.69-acre parcel, and a ~7-acre development site. Zoned B-2 and I-1, the property allows for a wide range of uses including retail, mixed-use, residential, medical, and flex industrial. A conceptual plan has been completed illustrating a mixed-use development with retail frontage and residential density in the rear, providing a clear vision for future development. Utilities are available to site including water, sewer, gas, and electric, with multiple access points enhancing flexibility for site planning. The property can be purchased as a whole or in pieces, offering optionality for developers, investors, and users. This is a unique opportunity to acquire a large-scale, flexible development site at a newly reduced price in a growing corridor. Contact listing agent for additional information.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 2150 E Algonquin Rd
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MLS Status: Active |
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Appliances & Utilities Utilities: Electric to Site, Natural Gas Available, Water Available |
Gas & Electric Has Electric on Property |
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Frontage Road Frontage: City StreetRoad Surface Type: OtherNot on Waterfront |
Farm & Range Frontage Length: 800 |
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Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Has Additional Parcels |
Property Information Usage of Home: Commercial, Conditional Use, Industrial, Office, Development, Multi-Family, Special Use, OtherParcel Number: 1935400005Additional Parcels Description: 1935400006, 1935400007, 1935477053 |
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Price List Price: $5,100,000 |
Status Change & Dates Possession Timing: Immediate |
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Direction & Address City: Algonquin |
School Information Elementary School District: 158Jr High / Middle School District: 158High School District: 158 |
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Listing Agent Listing ID: 12014037 |
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Lot Area: 8.69 Acres |
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Special Conditions: None |
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Business Information Ownership: Fee Simple |
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Mls Number: 12014037Back On Market Date: Mon Mar 03 2025 |
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Source Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: YesMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes |
Last check for updates: about 12 hours ago
Listing courtesy of: Dakota Nilson, (312) 337-0200
@properties Commercial
Source: MRED as distributed by MLS GRID, MLS#12014037

Also Listed on MRED as distributed by MLS GRID.
Price History for 2150 E Algonquin Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 03/19/2026 | $5,100,000 | PriceChange | MRED as distributed by MLS GRID #12014037 |
| 07/08/2025 | $5,750,000 | PriceChange | MRED as distributed by MLS GRID #12014037 |
| 03/27/2024 | $6,000,000 | Listed For Sale | MRED as distributed by MLS GRID #12014037 |
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Comparable Sales for 2150 E Algonquin Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.76 | Lot/Land | $294,000 | 07/31/25 | - | - | ||
0.77 | Lot/Land | $50,000 | 04/20/26 | - | - | ||
1.09 | Lot/Land | $2,650,000 | 11/07/25 | - | - | ||
1.10 | Lot/Land | $42,500 | 10/16/25 | - | - | ||
1.44 | Lot/Land | $31,000 | 03/12/26 | - | - | ||
2.06 | Lot/Land | $550,000 | 07/23/25 | - | - | ||
1.70 | Lot/Land | $67,308 | 11/03/25 | - | - | ||
2.16 | Lot/Land | $60,000 | 09/26/25 | - | - |
Assigned Schools
These are the assigned schools for 2150 E Algonquin Rd.
What Locals Say about Algonquin
At least 199 Trulia users voted on each feature.
94 % Say it's dog friendly
91 % Say car is needed
86 % Say parking is easy
85 % Say yards are well-kept
83 % Say there are sidewalks
82 % Say there's holiday spirit
78 % Say people would walk alone at night
76 % Say kids play outside
73 % Say it's quiet
71 % Say there's wildlife
67 % Say streets are well-lit
60 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
47 % Say it's walkable to restaurants
45 % Say it's walkable to grocery stores
37 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Dakota Nilson, @properties Commercial
Agent Phone: (312) 337-0200

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information
2150 E Algonquin Rd, Algonquin, IL 60102 is a lot/land. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Mar 27, 2024. The MLS # for this home is MLS# 12014037.

