Address
2450 W Algonquin Road, Lake In The Hills, IL
Price
$ 1,280,000
Property Attributes
  • MLS#11920592
  • TypeContingent
  • CountyMC HENRY
  • CityLake In The Hills
  • AreaLake in the Hills
  • Zip60156
  • StyleCommercial
  • Price$ 1,280,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4566
  • Lot Size0.587994 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

4566 sq ft freestanding masonry single story commercial building at McHenry County's busiest intersection (Randall and Algonquin Rds). Former Bank of America branch with covered drive-thru area that can be reclaimed for more parking or revamped for a fast food drive thru. Limited access makes this ideal for a destination retailer or a cannibis user with its vault still in tact. 8/29/23 MAI appraisal on file. SBA financing available with 10% down. Seller is McHenry County (no real estate taxes currently). Pace bus stop in front on Randall Road.

Price History
10/31/2023 Listed $1,280,000

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal
Possession Closing,Negotiable
Roof Membrane
Zoning COMMR
Construction Materials Brick
Year Built 2004
Electric Circuit Breakers,Service - 201 to 600 Amps
Tenant Pays Other
Stories 1
Township Algonquin
Property SubType Free Standing Store
Tax Year 2022
Current Use Commercial
County Mc Henry
Property Type Commercial Sale
Contingency Other Contingency
Status Contingent
Directions NEC of Randall Rd and Algonquin Rd
City Lake In The Hills
Total Units 1
MLS Area Lake in the Hills
Lot Size Square Feet 25613
Street Name Algonquin
Additional Parcels Y/N No
Days on Market 70
Standard Status Active Under Contract
Property Type Retail/Stores

Interior Features

Flooring Carpet,Tile,Varies
Street Suffix Road

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 4566
Lot Dimensions 180X200
Frontage Type Easement
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60156

Price
AVG $400K
$1.28M
Visits
AVG 164
123
Data Provided by Inside Real Estate®
Year Built
AVG 1996
2004
Walkscore
AVG 43
72
Data Provided by Walkscore® not using MLS data

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