1782 Cumberland Parkway, Algonquin, IL 60102
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1782 Cumberland Parkway,Algonquin, IL 60102
$249,900
- 2.23 Acres
- Lots / Land
- Active
Listed by: vladislav georgiev
Office: nova property group
MLS#:12548465
Source:MLSNI
Price summary
- Price:$249,900
About this home
Prime Infill Development Opportunity - 2 Lots / 2.23 AC - Algonquin, IL LOCATION, LOCATION, LOCATION! Nestled in the heart of an established residential neighborhood-and just minutes from Algonquin Commons, Randall Rd retail, and I90-these two adjoining parcels offer a rare 2.23acre canvas for your next townhouse or single-family project. Buildable Area: 1.29 AC ( 56,000 sq ft) Retention / Green Space: 0.94 AC - carved out for stormwater management Current Zoning: Industrial (light) Future Land Use: Designated Residential in the Village of Algonquin Comprehensive Plan Village Support: Staff has indicated a clear preference for higher density residential (townhomes) or well-designed SFR infill to bolster nearby restaurants and retailers. FastTrack Rezoning: Submit your concept plan and launch the Village's streamlined process (Replat + PD Review + Rezoning) - typical turnaround 90 days. Utilities: Water, sewer, gas, and electric are all at the lot line. Motivated Seller: Bring your vision and an offer-seller is ready to move quickly. Why this site? High Demand submarket: Limited new construction inventory in Algonquin's core means strong end absorption for townhomes or boutique SFR. Shovel Ready timeline: No farmland annexation or offsite improvements-just finalize your plan, secure rezoning, and pull permits. Builtin marketing hook: "Live steps from shops, dining, and recreation" resonates with both downsizers and young professionals. Ready to capitalize on this infill gem? Contact me today....
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Home facts
- Listing ID #:12548465
- Updated:July 07, 2026 at 11:18 AM
Structure and exterior
- Lot area:2.23 Acres
Finances and disclosures
- Price:$249,900
- Tax amount:$4,131 (2024)
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