John Ruhl
- Buy
- Sell
Description
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.
Property Highlights
Property Type: Land - Farm
Total Acres: 74289 sq ft
Utilities: None
General Information
County: McHenry
Listed By:
Century 21 Circle
224-333-0118
MRED MLS
MLS ID: 12722232
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Lot 10 Starr Drive, Algonquin, IL 60102.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $919,000 | $919,000 | $919,000 |
| Down Payment | $183,800 | $32,165 | $229,750 |
| Monthly Mortgage Amount | $4,587 | $5,630 | $5,770 |
| Taxes | $1279 | $1279 | $1279 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $551 | $0 |
| Monthly Estimated Total | $6,134 | $7,728 | $7,317 |
John Ruhl
REALTOR®
Cell: (563) 320-5488
NAI Ruhl Commercial
5111 Utica Ridge Road
Davenport, IA 52807
(563) 355-4000
Davenport, IA 52807
(563) 355-4000
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