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Retail Endcap with Monument Signage
For Lease
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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 Market545

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 Contact us

513 E Algonquin Rd

Floor
1
Size
1,507 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- The subject property is a 11,000 sf retail building located directly on algonquin...
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Listing Agency: Lee & Associates | Chicago
Listed By: Michael Petrik · License #475197246
Source: Moodyscre
Added: Mar 18, 2025 Changed: Sep 8 Last Checked: Sep 12 at 9:11AM

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

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.

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

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Hair Salon Law Firm Parking Lot & Garage Big Box & Wholesale Store

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

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

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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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.
(630) 486-4187 Call to check price and availability
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