Retail Endcap with Monument
For Lease
Contact for pricing
501-515 E Algonquin Rd, Algonquin, IL 60102
Move-in-ready retail units include a former 7-11 and liquor store, with an end-cap option and exclusive monument signage.
Space Size1,507 SF
Lot Size1.13 Acres
Days on Market591
Property Features for 501-515 E Algonquin Rd
General Information
Standard status
Active
Size
1,507 SF
Total Parking Spaces
86
Lot size
1.13 Acres
Property subtype
RETAIL
Site & Location
Traffic Count
37,000 vehicles/day
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Business Included
No
Building Details
Tenancy
Multi
Spaces For Lease
at 501-515 E Algonquin Rd
513 E Algonquin Rd
AVAILABLE, Now
Floor
1
Size
1,507 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- The subject property is a 11,000 sf retail building located directly on algonquin road (il route 62), just 3 blocks east of the downtown district and the fox river, and at the lighted intersection of algonquin road and eastgate drive. Located across from mcdonald’s and just before the river, this is an extremely convenient center or local residents and traffic, particularly traffic heading west during rush hour.
- The property features 2 available units – a former 7-11 with wide open space, as well as a former liquor store, fully built out and move-in ready. Exclusive monument signage available for the end-cap unit. Additional tenants in the building include a liquor store, nail salon, state farm insurance, laundromat and vape store.
- Located 3 blocks east of downtown algonquin district.
- 2,473 sf & 2,477 sf (endcap; small outdoor storage shed available)11,000 sf building / 1.13 acres
- Fully built-out liquor store and former 7–11
- 29 miles from o’hare airport 40 miles from chicago loop
- Algonquin has recently experienced great economic growth
- High household income ($100,000+) in surrounding areas
- 86 parking spaces
- Easy access to surrounding neighborhoods including schools and libraries
- Located in center with a variety of adjacent tenants and on a lighted intersection
- Algonquin road: 37,000 vpd
Contact us
Listing Agency:
Lee & Associates | Chicago
(773) 355-3000
Listed By:
Michael Petrik · License #475197246
(630) 486-4187
Source:
Moodyscre
Added: Mar 18, 2025
Changed: Oct 26
Last Checked: Oct 28 at 8:14AM
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 Lee & Associates | Chicago
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Investment Insights
Based on property information with market context.
The subject property is an 11,000-square-foot retail building with two available spaces, including a former 7-11 with wide-open space and a former liquor store that is fully built out and move-in ready. Exclusive monument signage is available for the end-cap unit, and a small outdoor storage shed is also available for that end-cap space.
The property is located directly on Algonquin Road (IL Route 62) at the lighted intersection of Algonquin Road and Eastgate Drive, approximately three blocks east of the downtown district and the Fox River. It is across from McDonald’s and benefits from traffic heading west during rush hour.
The center offers 86 parking spaces. Available end-cap and adjacent spaces are listed at 2,473 and 2,477 square feet. Additional tenants in the building include a liquor store, nail salon, State Farm Insurance, laundromat, and vape store.
The property is located directly on Algonquin Road (IL Route 62) at the lighted intersection of Algonquin Road and Eastgate Drive, approximately three blocks east of the downtown district and the Fox River. It is across from McDonald’s and benefits from traffic heading west during rush hour.
The center offers 86 parking spaces. Available end-cap and adjacent spaces are listed at 2,473 and 2,477 square feet. Additional tenants in the building include a liquor store, nail salon, State Farm Insurance, laundromat, and vape store.
Key Highlights
- 11,000 SF retail building on Algonquin Rd (IL Route 62) at the lighted intersection with Eastgate Dr.
- Two available move‑in‑ready units: former 7‑11 and former liquor store; end‑cap unit includes exclusive monument signage.
- Unit sizes: 2,473 SF (former 7‑11) and 2,477 SF (endcap); small outdoor storage shed available for the endcap unit.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
37,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Move-in-ready retail units include a former 7-11 and liquor store, with an end-cap option and exclusive monument signage.
Where is this shopping center located?
The property is located at 501-515 E Algonquin Rd Algonquin, IL.
What are key features of this property?
This property features: 11,000 SF retail building on Algonquin Rd (IL Route 62) at the lighted intersection with Eastgate Dr.; Two available move‑in‑ready units: former 7‑11 and former liquor store; end‑cap unit includes exclusive monument signage.; Unit sizes: 2,473 SF (former 7‑11) and 2,477 SF (endcap); small outdoor storage shed available for the endcap unit.
