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    Prime Retail Space in Algonquin Title is generated by Realmo AI

    1 N Main Street, Algonquin, IL 60102

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    For Lease
    $18 SF/Yr $15,331/Mo (calc)

    New construction retail space in high-traffic Algonquin location.

    Type:Retail
    Property size:
    10,221 SF
    Added:
    Nov 21, 2025
    Days on Market:
    179
    Last Refresh:
    Nov 28 at 12:49 am

    Property Features for 1 N Main Street

    General Information

    Standard status
    Active
    Size
    10,221 SF
    Property subtype
    Retail

    Spaces For Lease

    at 1 N Main Street Contact us

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    Listing Contact
    Michelle Heath
    Michelle Heath

    Listing agent Michelle Heath License #3632104

    Listing office CENTURY 21 MYERS REALTY LAKE WALES

    Listing date Nov 21, 2025

    Source Svnchicago

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 MYERS REALTY LAKE WALES

    HighLights

    • Built‑in Clientele: Over 60 high‑end apartments above the retail space provide a consistent customer base.
    • Prime Location: High visibility and easy access at the intersection of IL Route 31 and IL Route 62 in downtown Algonquin.
    • Designated Parking: A private lot with 20 spaces for retail tenants, plus free street parking.
    • High‑Growth Area: Algonquin is experiencing significant residential and business growth.
    • Flexible Space: 2,943 SF of retail space available, subdividable from 1,129 SF to 2,943 SF.
    • Riverfront Location: Located on the Fox River Riverwalk, attracting heavy pedestrian traffic.

    Overview

    This new construction mixed-use retail space is located in the heart of Algonquin, in the downtown district at the intersection of IL Route 31 (Main Street) and IL Route 62 (Algonquin Road). The property is strategically placed along the Fox River, providing easy access and landmark visibility. The building includes 63 apartments, with over 97% occupancy. Approximately 2,943 square feet of retail space is available and can be subdivided into various sizes ranging from 1,129 SF to 2,943 SF. A parking lot with 20 parking spots is available adjacent to the property, designated specifically for these retail units, with additional free street parking also available. The location is ideal for boutique businesses including local restaurants, brewery, winery/shop, salon/spa, specialty shops, dry cleaning, or entertainment venues. Outdoor patio space is available, and the property is located immediately on the Fox River Riverwalk. The area experiences heavy pedestrian traffic in the summer due to Algonquin festivals and summer activities. The property benefits from built-in clientele with the apartments above. TI packages are available, and units are currently in cold shell condition. The property is located in a higher income area and adjacent neighborhoods. The location is suitable for a restaurant, boutique retailer, office user, or cafe. 60% of the ground floor retail is currently occupied by Melt Yoga and Prima Med Spa, and Root Dental.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Algonquin
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3219
    Latitude
    42.1714

    FAQs

    What type of property is this?
    Retail space - New construction retail space in high-traffic Algonquin location.
    Where is this retail space located?
    The property is located at 1 N Main Street Algonquin, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Built‑in Clientele: Over 60 high‑end apartments above the retail space provide a consistent customer base.; Prime Location: High visibility and easy access at the intersection of IL Route 31 and IL Route 62 in downtown Algonquin.; Designated Parking: A private lot with 20 spaces for retail tenants, plus free street parking.
    More about this property
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