1782 Cumberland Parkway
Algonquin,
IL
60102
$249,000.00
$225,000.00
Listing Description
LOCATION, LOCATION, LOCATION. Great peace of land, 2 LOTS in the middle of a developed residential area. Currently marked as industrial zoning, the property has strong residential potential with the Village of Algonquin support for townhomes and single family homes. The Village's Future Land Use designates this property as future residential in order to have higher density residential to support restaurants and retailers. Present your project to the Village in order to start the rezoning process, which usually takes 90 days, including Replatting and Plan Development Review. The subject property has 1.29 acres buildable lot with .94 acres retention lot, totaling 2.23 acres.