Investment Opportunity for Riverfront Property along the Fox River in Algonquin, Illinois. Buildable land along with potentially a total of six piers (one pier currently exists). This unique property is comprised of three parcels, offering the flexibility to leave as it is and build your dream home, or split up and build 2 homes or bring in utilities from nearby subdivision (approx 1000 ft away) and subdivide into 6 buildable lots, making it an ideal investment for developers. Minutes away from the heart of downtown Algonquin, Route 62 and Main Street. Enjoy the charm of quaint shops, restaurants and hometown gathering spots. Close to the property is the expansive 18-acre Presidential Park, offering three baseball diamonds, soccer and football fields and walking path with exercise stations. Don't miss the chance to be part of the Algonquin Community. Come on by and explore the endless possibilities that this property presents. This is your chance to create something extraordinary. The parcel #'s are: 19-29-328-003 19-26-328-008 19-26-328-006. Consisting of Lot #'s 9,10,11,12,13,& 14. All three parcels must be purchased together.
— the listing agent’s description
The home
Lot 74289 sq ft
Land
What it’ll cost
$2,184 taxes / yr
No HOA
9 days on dwello
Estimated monthly payment
$5,336/mo
Principal & interest$4,886
Property taxes$182
Homeowners insurance$268
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This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.