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Price cut: $110,000
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Land · Algonquin, IL
$89,900$199,900
beds · baths
1188 E Algonquin Road, Algonquin, IL, 60102
A brick-and-mortar place to make your own — room to make it home.
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What’s special

1.04-acre lot
**PRICE REDUCED** ***ALL OFFERS WILL BE CONSIDERED*** Exceptional investment opportunity! This 1.04-acre vacant lot is located in the highly sought-after Fountain Square area of Algonquin. This prime parcel benefits from a robust daily traffic count of 40,000 vehicles, ensuring substantial exposure for any business venture. Zoned B-1, the property offers a range of possibilities. This versitile lot offers the opportunity to build your dream business without breaking the bank. Surrounded by established businesses and municipal facilities, this lot offers great visibility and potential. The property is equipped with established infrastructure, including paved parking and an "upper level" row, which supports an efficient development process. Don't miss out-contact us today to see how this property can work for you.
— the listing agent’s description

The home

1.04-acre lot
Land

What it’ll cost

$5,309 taxes / yr
No HOA
Listed $199,900
Now $89,900
654 days on dwello

Estimated monthly payment

$946/mo
Principal & interest$478
Property taxes$442
Homeowners insurance$26
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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654 days on dwello
Price history
Price reduced
Apr 15, 2026
↓ $110,000$89,900
Listed for sale
Aug 31, 2024
$199,900
Now $110,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$5,309/yr
From county records — verify with the assessor.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Hilda Jones · Baird & Warner Real Estate - Algonquin
Listing last updated Jun 15, 2026 · data refreshed from the MLS Jun 17, 2026, 6:29 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:29 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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