$249,900

1782 Cumberland Parkway, Algonquin, IL 60102

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2.23acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime Infill Development Opportunity - 2 Lots / 2.23 AC - Algonquin, IL LOCATION, LOCATION, LOCATION! Nestled in the heart of an established residential neighborhood-and just minutes from Algonquin Commons, Randall Rd retail, and I90-these two adjoining parcels offer a rare 2.23acre canvas for your next townhouse or single-family project. Buildable Area: 1.29 AC ( 56,000 sq ft) Retention / Green Space: 0.94 AC - carved out for stormwater management Current Zoning: Industrial (light) Future Land Use: Designated Residential in the Village of Algonquin Comprehensive Plan Village Support: Staff has indicated a clear preference for higher density residential (townhomes) or well-designed SFR infill to bolster nearby restaurants and retailers. FastTrack Rezoning: Submit your concept plan and launch the Village's streamlined process (Replat + PD Review + Rezoning) - typical turnaround 90 days. Utilities: Water, sewer, gas, and electric are all at the lot line. Motivated Seller: Bring your vision and an offer-seller is ready to move quickly. Why this site? High Demand submarket: Limited new construction inventory in Algonquin's core means strong end absorption for townhomes or boutique SFR. Shovel Ready timeline: No farmland annexation or offsite improvements-just finalize your plan, secure rezoning, and pull permits. Builtin marketing hook: "Live steps from shops, dining, and recreation" resonates with both downsizers and young professionals. Ready to capitalize on this infill gem? Contact me today.

Listing Status:
Active
Data Last Updated:
October 9, 2026 at 3:18PM
Listing Office:
NOVA PROPERTY GROUP : 312-593-1392
Listing Agent:
Vladislav Georgiev : 312-593-1392
MLS ID:
12713033
  • Laundry: None
  • Basement: None
  • Parking: Parking spaces: 0
  • Road/Access: AsphaltCity StreetPublic RoadCounty Road
  • Originating MLS: mred
  • School District: 300
  • County: McHenry
  • Zoning: INDUS1935327004
  • Utilities: Electricity NearbyNatural Gas NearbySewer NearbyWater Nearby
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Vladislav Georgiev , NOVA PROPERTY GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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