2150 E  Algonquin Rd, Algonquin, IL 60102
FOR SALE
8.69 ACRES

2150 E Algonquin Rd
Algonquin, IL 60102

    $5,100,000

    Original price: $5,750,000
    Est. Mortgage $34,307/mo*

    $5,100,000

    Original price: $5,750,000
    Est. Mortgage $34,307/mo*
    (on 8.69 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    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

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electric to Site, Natural Gas Available, Water Available
    Gas & Electric
    Has Electric on Property

    Exterior Features

    Frontage
    Road Frontage: City StreetRoad Surface Type: OtherNot on Waterfront
    Farm & Range
    Frontage Length: 800

    Days on Market

    Days on Market: 180+

    Property Information

    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

    Price & Status

    Price
    List Price: $5,100,000
    Status Change & Dates
    Possession Timing: Immediate

    Location

    Direction & Address
    City: Algonquin
    School Information
    Elementary School District: 158Jr High / Middle School District: 158High School District: 158

    Agent Information

    Listing Agent
    Listing ID: 12014037

    Lot Information

    Lot Area: 8.69 Acres

    Listing Info

    Special Conditions: None

    Business

    Business Information
    Ownership: Fee Simple

    Miscellaneous

    Mls Number: 12014037Back On Market Date: Mon Mar 03 2025

    Additional Information

    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

    Price History for 2150 E Algonquin Rd

    DatePriceEventSource
    03/19/2026$5,100,000PriceChange
    MRED as distributed by MLS GRID #12014037
    07/08/2025$5,750,000PriceChange
    MRED as distributed by MLS GRID #12014037
    03/27/2024$6,000,000Listed For SaleMRED 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.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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.
    • Nick Diaz
      "Tight knit community, not overcrowded, very friendly community. Great landscaping in the neighborhood, no litter, and lots of kids."
    • Karolina Stepek
      "Main Street arts/crafts kiosks and events, friendly and welcoming neighborhood, also fantastic food and recreation spots "
    • Bbending
      "It’s very friendly, beautiful downtown. Convenient shopping and restaurants. Good schools: public and private. "
    • Holly t.
      "I live cross street for 6 years, in Algonquin 15 years, , good neighborhood , everything convenient , "
    • Gary
      "Great friendly neighborhood. Lots of children and young families. Perfect place to raise a family. Plenty of shopping and dining available."
    • Karl H.
      "I drive 30 miles. There are options to take the train within a 15 minute drive. walking is not a good option for many people. "
    • Alex A.
      "none whatsoever. everybody mind their own business. it is quiet and nobody cares who comes and goes. "
    • Alex A.
      "schools, library and shopping in the same block! you can't beat that. Also there's a lot of opportunities to work within 15 minutes drive."
    • Lightboy006
      "I commute to O'Hare and even during rush hour it takes no more than 45 minutes, 30-35 minutes on average. Easy access to I-90."
    • Allcircuits
      "They would like everything because I am a dog owner. There are tons of dog in my area and it’s a quite neighborhood. "
    • Martin J. G.
      "Really nice neighborhood to raise a family. Everything is close schools and stores, district 300 one of the best."
    • Ckred27
      "I work from home so don’t have one. But traffic is ok. Randall rd can get backed up during rush hour esp w the construction but there are ways to avoid it."
    • Joe M.
      "Love the neighborhood love the fox river and the downtown are it’s just beautiful and peaceful are I would highly recommend Algonquin to everyone "
    • GH
      "My neighborhood is becoming more diverse each year. Lots of construction and development projects symbolize economic growth."
    • jack
      "It’s fine if you clean up after your dog i love living here. It’s a nice neighborhood. Lawn is maintained. Snow removed included in association fees."
    • Diane J.
      "Most people in the neighborhood have dogs and there are several veterinarians in the area. Also dog friendly restaurants in summer"
    • Felix N
      "Daily drive consists of watching beautiful horse farms and forestry preserves. Unfortunate rush hour traffic is gridlock. "
    • Anonymous
      "You see people walking their dogs all the time in my neighborhood. This is a very pet friendly area with a few parks within walking distance."
    • Jack
      "Founders Days Carnival, bands & fireworks in late July, summer concerts on the Fox river and block parties. "
    • Kelly K.
      "Nice area close to tons of amenities! Quiet neighborhood, well-kempt. so much shopping, restaurants. Only 2 blocks from Randall Road Corridor."
    • Asiag123
      "Friendly family neighborhood very clean with lots to do including tons of shopping. Summers are fun with lots of events"
    • Trulia User
      "good area, safe, good school district, Dundee crown is a good school lots of shopping close, Kane county Park district lots to do for kids "
    • Jen
      "In the summer there are bands along the River by Port Edward restaurant. The downtown area is being redone and it’s a traffic nightmare currently but it’s bringing new businesses to the area and it’s looking much nicer."
    • Carol J.
      "Love the community and night life downtown. Close to everything...shopping, grocery, the river walk and summer concerts beside the river.....so happy to call Algonquin home!!"
    • D3vilwoman
      "I love the riverfront, and all the summer community activities. Algonquin road can be a bit of a nightmare at times...but I love how close I am to shopping and family"
    • Sergio E.
      "The people are fantastic. Everyone is very friendly and very willing to lend a helping hand. Nearly every home is well kept and pride of ownership is very evident. "
    • Rhiann L. O.
      "the neighborhood has turned over to young kids again. there are always kids outside during the summer."

    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.