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Mixed-Use Property with Retail Space
For Sale
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1 N Main Street, Algonquin, IL 60102

New construction combines flexible commercial suites with 63 apartments and dedicated parking.

Property SizeContact for details
Days on Market144

Property Features for 1 N Main Street

General Information

Standard status Active
Property subtype Retail, Office

Building Details

Buildings 1
Tenancy Multi
Listing Agency: SVN | Chicago Commercial
Listed By: Olivia Czyzynski · License #IL 475146577
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:47AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This new-construction mixed-use property includes 10,957 square feet of retail space that can be divided into multiple suite configurations. The commercial component is integrated with a 63-apartment building, 60 of which are leased, representing 97% occupancy. Retail users have access to a private adjacent lot with 24 spaces, along with free street parking and employee garage parking.

The property sits in downtown Algonquin near the Fox River waterfront and the intersection of IL Route 31, also known as Main Street, and IL Route 62, or Algonquin Road. Nearby businesses and dining venues include Port Edward Riverfront Restaurant, Bold Restaurant, Cucina Bella, and Texas Roadhouse. Additional regional access is provided by Lake Cook Road and Randall Road, with the Chicago Loop approximately 40 miles away.

Key Highlights

  • 10,957 SF of retail space within a new‑construction mixed‑use property
  • Retail area can be divided into multiple suite configurations
  • 63 apartments in the building, with 60 leased and 97% occupancy

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby

Demographics for 60102, IL

31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - New construction combines flexible commercial suites with 63 apartments and dedicated parking.
Where is this mixed-use property located?
The property is located at 1 N Main Street Algonquin, IL.
What are key features of this property?
This property features: 10,957 SF of retail space within a new‑construction mixed‑use property; Retail area can be divided into multiple suite configurations; 63 apartments in the building, with 60 leased and 97% occupancy
(312) 676-1862 Call to check price and availability
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