Listing Agency: Premier Commercial Realty

Listed By: Bruce Kaplan · License #IL 475075614 Show Phone

Source: Crexi

Added: Feb 14, 2022 Changed: Aug 8 Last Checked: Jul 24 at 7:22AM

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Investment Insights

Based on property information with market context.

This 2.2-acre commercial corner lot features 229 feet of frontage on Algonquin Road. The property is adjacent to a high-traffic McDonald’s and benefits from a cross-access agreement to a traffic light. The location boasts strong demographics and high traffic counts, with 37,700 vehicles per day. The sale is subject to review and approval by the court. The seller is responsible for paying recapture fees. The property is zoned B1.

Key Highlights

• 2.2 acres commercial corner lot
• 229’ frontage on Algonquin Road
• Adjacent to busy McDonald’s with cross access to traffic light

Property Analytics

Property Profile

Current Use

Commercial land

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.

Location Intelligence

Trade Area within ½ mile

498

Businesses Nearby

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - 2.2 acre commercial corner lot with high traffic volume.

Where is this commercial land located?

The property is located at 600 E Algonquin Rd Algonquin, IL.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: 2.2 acres commercial corner lot; 229’ frontage on Algonquin Road; Adjacent to busy McDonald’s with cross access to traffic light