Listing provided courtesy of NOVA PROPERTY GROUPMREDas Distributed by MLSGrid- MLS# 12548465MLS Provider

1782 Cumberland ParkwayAlgonquin, IL 60102

Vacant Land · 2.23 Acres
$249,900 Active

1782 Cumberland Parkway Overview

Time on Site:
165 days
Visits:
1

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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1782 Cumberland Parkway Facts & Features

  • Type Vacant Land
  • Lot 2.23 Acres

Details

General

School Information

  • School District: 300

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Algonquin
  • Township: Algonquin

Tax Information

  • Tax Annual Amount: $4,130.94
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1935327004
  • Possible Use: Industrial
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: INDUS

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None
  • Laundry Features: None

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 150
  • Frontage Type: City Street,County Road,Public Road
  • Lot Size Acres: 2.23
  • Lot Size Dimensions: 150X433X191.98X313.52
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby,Sewer Nearby,Water Nearby

1782 Cumberland Parkway Neighborhood

Community

60102 (Algonquin) Demographics

43
Median Age
2,202
Population Density (per sq. mile)
52%
College Educated
$109,964
Estimated Median Income
10,207
Estimated Total Home Owners
1,632
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1782 Cumberland Parkway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1782 Cumberland Parkway Market Data

Based on the last 30 days in this zip code

$508,520
Average List Price
$207
Average Price per Square Foot
44
Properties Sold
52
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

1782 Cumberland Parkway History

Date Event Value Agent
1/21/2026Source: MRED Status Change
Active
1/16/2026Source: MRED Added to Database
January 16, 2026