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501-515 E Algonquin Rd Algonquin, IL

For Lease
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Retail building with two available units in Algonquin, Illinois.

Property size:
1,507 SF
Lot size:
1.65 Acres

Property Features for 501-515 E Algonquin Rd

General Information

Size
1,507 SF
Lot size
1.65 Acres

Source: Lee & Associates | Chicago Agent Michael Petrik

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


Overview

Retail Space on Algonquin Road

This 11,000 square foot retail building is situated directly on Algonquin Road (Illinois Route 62), just three blocks east of the downtown district and the Fox River, at the lighted intersection of Algonquin Road and Eastgate Drive. The location is across from McDonald’s, offering convenient access for local residents and traffic, especially westbound traffic during rush hour. Two units are available: a former 7-Eleven with a wide-open layout and a former liquor store that is fully built out and move-in ready. The end-cap unit has exclusive monument signage available. Other tenants in the building include a liquor store, nail salon, State Farm insurance, laundromat, and vape store. The property features 86 parking spaces and easy access to surrounding neighborhoods, including schools and libraries. Traffic on Algonquin Road averages 37,000 vehicles per day. The property is 29 miles from O’Hare Airport and 40 miles from the Chicago Loop. Algonquin has recently experienced economic growth, and the surrounding areas have a high household income, exceeding $100,000. One available unit is 2,473 square feet, and the endcap unit is 2,477 square feet and includes a small outdoor storage shed.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Algonquin
County
McHenry
State
Illinois
Longitude
-88.3287896
Latitude
42.1895773

FAQs

What type of property is this?
Retail space - Retail building with two available units in Algonquin, Illinois.
Where is this retail space located?
The property is located at 501-515 E Algonquin Rd Algonquin, IL.
What are key features of this property?
This property features: - High-traffic location on Algonquin Road (IL Route 62) with 37,000 vehicles per day.; - Located at a lighted intersection across from McDonald's, ensuring high visibility and accessibility.; - Two available units: **a fully built-out, move-in-ready former liquor store and a former 7-Eleven with wide open space.**
More about this property
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