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2450 W Algonquin RD Lake In The Hills, IL 60156
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Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 4,566 sqft
Price per Sqft $240
MLS Listing ID 11920592
Sold Date 01/27/25
Year Built 2004
Tax Year 2022
Lot Dimensions 180X200
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.
Location
State IL
County Mchenry
Area Lake In The Hills
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Tile, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Roof Type Membrane
Building
Level or Stories 1
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Robert Elbrecht • Tri-State Realty, Inc