Lot1-6 Starr Algonquin, IL 60102

$2,500,000
Land

Property details

About Lot1-6 Starr

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.

Highlights

Home typeVacant Land
StatusActive
MLS #11971236

Summary

  • MLS Number: 11971236
  • MLS Name: MRED
  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (847) 510-5000
  • Listing Agent: Peter Lipsey

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$2,500,000

Lot1-6 Starr

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Price information

Property sales

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Tax history

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Nearby schools

9

Eastview Elementary School

Public District KG-5

1.3 mi

540 Longwood Dr

6

Algonquin Lakes Elementary School

Public District KG-5

1.6 mi

1401 Compton Dr

9

Neubert Elementary School

Public District KG-5

2.1 mi

1100 Huntington Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $76,823. Residents of Algonquin, IL typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
48%
35k-100k
24%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
6%
Single, with Kids
37%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
56%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About Lot1-6 Starr

This home is located at Lot1-6 Starr in Algonquin, IL and zip code 60102 in the Korineks neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $2,500,000.

In December 2024 more than 6 listings in Algonquin, IL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Algonquin, IL decreased by 13.7% between November and December 2024. Listings spent 23 days on the market in December 2024, and had a median list price of $376,943 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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