Algonquin, IL Commercial Real Estate for Sale

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Lake In The Hills, IL Barrington Hills, IL Lakewood, IL
44 properties
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Medical Office Condo Building
Updated: Jun 11
Medical Office Condo Building

1452 Merchant Drive, Algonquin, IL 60102

$1,000,000
Approximately 11,000 SF medical office center unit at 1452 Merchant Dr in the Briarwood Office Multiple Buildings Complex
Building condo in a professional office complex, adjacent to several major specialty medical practices
Built in 2006 with brick and concrete construction and a composition roof
Central air cooling
Flooring includes wood, tile, vinyl, and carpet
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Leased Office Condo with Conference Room
Updated: May 4
Leased Office Condo with Conference Room

265 Stonegate Road, Algonquin, IL 60102

$425,000
1.30 AC lot
Fully leased office condo providing immediate rental income.
Prime location in the Randall Road corridor, near the Algonquin Jewel Shopping Center and Lifetime Fitness.
Recently remodeled with new flooring, fresh paint, and new conference room furniture.
Secure office condo with 8 office rentals, conference room, restrooms, kitchen, and waiting area.
Durable brick construction with roof replaced in 2019.
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Vintage Algonquin Commercial Space
Vintage Algonquin Commercial Space

302 S Main Street, Algonquin, IL 60102

$750,000
0.20 AC lot

Historic 1893 building with versatile commercial space in Algonquin.

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Turn-Key Pizzeria in Algonquin, IL
Turn-Key Pizzeria in Algonquin, IL

123 S Main Street, Algonquin, IL 60102

$250,000
0.18 AC lot

Fully operational Neapolitan pizzeria for sale in downtown Algonquin.

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Algonquin Office Condo For Sale
Algonquin Office Condo For Sale

280 Stonegate Road, Algonquin, IL 60102

$160,000
1.09 AC lot

Professional office condo in Algonquin, currently leased through 3/31/2026.

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New Retail Property in Algonquin
New Retail Property in Algonquin

1721 S Randall Rd, Algonquin, IL 60102

$5,916,250
6,150 sqft

New two-tenant retail property with long-term leases.

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Downtown Algonquin Commercial Space Available
Downtown Algonquin Commercial Space Available

302 S Main Street, Algonquin, IL 60102

Contact for pricing
0.20 AC lot

Commercial space in downtown Algonquin's historic district, suitable for retail.

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Freestanding Red Robin Investment Property
Freestanding Red Robin Investment Property

441 S Randall Rd, Algonquin, IL

$4,113,000
6,970 sqft · 1.31 AC lot

NNN leased Red Robin with rental increases in Algonquin, Illinois.

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Historic Algonquin Office Building For Sale
Historic Algonquin Office Building For Sale

329 Jefferson Street, Algonquin, IL 60102

$280,000
0.16 AC lot

Two-unit commercial office building in Algonquin's historic district.

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Former Restaurant in Prime Location
Former Restaurant in Prime Location

1591 Randall Rd., Algonquin, IL

$2,350,000
10,500 sqft

Versatile space suitable for restaurant, retail, or healthcare.

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Freestanding Retail Building
Freestanding Retail Building

2360 S Randall Rd, Algonquin, IL 60102

Contact for pricing
55,161 sqft · 4.28 AC lot

Freestanding retail site with 191 parking spaces at a signalized intersection, positioned for general retail and showroom uses.

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Algonquin Office Building For Sale
Algonquin Office Building For Sale

2200-2230 Huntington Dr N, Algonquin, IL

$450,000
2,096 sqft · 3.23 AC lot

2,096 SF office building in Algonquin, built in 2004.

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Commercial Land at Signalized Intersection
Commercial Land at Signalized Intersection

Talaga Dr, Algonquin, IL

$593,500
1.09 AC lot

1.09 AC commercial land for sale at Talaga Dr.

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Established Restaurant with Outdoor Dining
Established Restaurant with Outdoor Dining

999 CONFIDENTIAL, Algonquin, IL 60102

$1,100,000

Well-established 6,000 sq ft restaurant with liquor license.

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Medical Condos For Sale
Medical Condos For Sale

1447 Merchant Drive, Algonquin, IL 60102

$258,500
1,860 sqft

High-end, income-producing medical condos with 10.25 cap rate.

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Algonquin Road Development Site
Algonquin Road Development Site

2150 E Algonquin Rd, Algonquin, IL

$5,750,000
9.99 AC lot

Development site with frontage on Algonquin Road, multiple options.

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Algonquin Retail Development Opportunity
Algonquin Retail Development Opportunity

18N961 Randall Road, Algonquin, IL 60102

$425,000
3 sqft

3.56 acres on Randall Road, high traffic, retail corridor.

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Algonquin Restaurant in Shopping Center
Algonquin Restaurant in Shopping Center

2561 County Line Rd, Algonquin, IL 60102

$2,905,300
7,554 sqft

Family-owned breakfast and lunch restaurant in Algonquin, Illinois.

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Medical Testing Center for Sale
Medical Testing Center for Sale

1449 Merchant Drive, Algonquin, IL 60102

$173,900
1,339 sqft

Turn-key medical testing center in Algonquin, Illinois.

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Restaurant in Algonquin Commons
Restaurant in Algonquin Commons

2561 County Line Rd, Algonquin, IL 60102

Contact for pricing
7,554 sqft

Family-owned breakfast and lunch restaurant in Algonquin, Illinois.

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2.52 Acre Site For Sale
2.52 Acre Site For Sale

Armstrong St, Algonquin, IL

$400,664
2.52 AC lot

2.52 acre site for sale in Algonquin, Illinois.

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Algonquin Net Leased Property
Algonquin Net Leased Property

2360 S. Randall Road, Algonquin, IL 60102

Contact for pricing
55,161 sqft

Long-term net leased property 100% leased to Hobby Lobby.

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Freestanding Retail Site with Parking
Freestanding Retail Site with Parking

2360 S RANDALL RD, Algonquin, IL

Contact for pricing
55,161 sqft · 4.28 AC lot

Freestanding general retail site at a signalized intersection with ample parking and B-2 zoning.

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New Retail Property in Algonquin
New Retail Property in Algonquin

1721 S Randall Rd, Algonquin, IL 60102

$5,916,250
6,150 sqft

New two-tenant retail property with long-term leases and rent increases.

View details

Algonquin, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Algonquin, IL, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 48,387 square feet of properties for sale, with an estimated market value of $23,289,600.

Sale prices for business properties in Algonquin, IL start at $173,900, averaging $1,940,800, and reaching up to $5,916,250 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 61K
Population Growth (5Y) -0.7%
Median Household Income $121,192
College Educated 52.6%

High-Yield Neighborhoods for Investment

Identify Algonquin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Addison $120K
Algonquin $1.3M

Taxes & Financing

Tax Rate (average for all types) 8.90%
Property Tax per SF $80.23 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McHenry County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Algonquin fall within the 25,000 to 50,000 square foot range.

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