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**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.

Highlights

  • Land
  • 1.04 Acre Lot
  • 806 days on Market


  • Acres
    1.04


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Frequently Asked Questions

How do I schedule a tour of 1188 E Algonquin Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1188 E Algonquin Rd.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1188 E Algonquin Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $87,900. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Algonquin, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1188 E Algonquin Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1188 E Algonquin Rd at around $943. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1188 E Algonquin Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in McHenry County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1188 E Algonquin Rd?

In most cases, yes. Whether 1188 E Algonquin Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Algonquin's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1188 E Algonquin Rd?

We can handle that for you. Our preferred local agent specializes in lands in Algonquin and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

1188 E Algonquin Rd was listed on August 31, 2024, which means it's been on the market for 806 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

1188 E Algonquin Rd sits on a 1.04-acre lot, which is 45,302 square feet.

What are the property taxes for 1188 E Algonquin Rd?

The most recent public record shows annual property taxes for 1188 E Algonquin Rd were approximately $5,309. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1188 E Algonquin Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 15, 2026 at 07:07AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12152509