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Retail Space in Regional Center
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2531 West Algonquin Road, Algonquin, IL 60102

Retail space with high visibility and convenient parking.

Space SizeContact for details
Days on Market262

Property Features for 2531 West Algonquin Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Sean McCourt
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:56AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This retail space is located within a regional shopping center at a major intersection. The property benefits from high visibility on Algonquin Road and features convenient head-in parking. The location experiences a high traffic volume of 74,400 vehicles per day at the intersection of Randall and Algonquin Roads. The surrounding area is characterized by high incomes. The property size is 1300 square feet.

Key Highlights

  • Located at a major intersection in a regional shopping center
  • High traffic volume: 74,400 VPD on Randall & Algonquin Roads
  • Great visibility to Algonquin Road

Property Analytics

Current Use

Shopping centers

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby
Well-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Centre at Lake in the Hills 289 N Randall Rd, Lake in the Hills, IL 60156
  • River Pointe River Pointe Shopping Center, 225 S Randall Rd, Algonquin, IL 60102
  • Coin Cloud Bitcoin ATM 2265 W Algonquin Rd, Lake in the Hills, IL 60156
  • Coinstar Kiosk - Bitcoin ATM 103 S Randall Rd Jewel, Algonquin, IL 60102

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space with high visibility and convenient parking.
Where is this shopping center located?
The property is located at 2531 West Algonquin Road Algonquin, IL.
What are key features of this property?
This property features: Located at a major intersection in a regional shopping center; High traffic volume: **74,400 VPD on Randall & Algonquin Roads**; Great visibility to Algonquin Road
More about this property
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