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    2390 Esplanade Dr Algonquin, IL 60102

    Sponsored
    For Lease
    $59 SF/Yr

    Upscale office space, flexible sizes, prime location.

    Lot size:
    300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office space at 2390 Esplanade Dr, Algonquin, IL 60102, offers multiple units ranging from 132 to 844 contiguous square feet within a three-story, 2007-built building. A total of 976 square feet is currently vacant and available for lease. The building features 50 parking spaces for tenant and client convenience. Each unit benefits from 101-200 Amps of power. The property is zoned B1 and enjoys a prime location off Randall Road in the Esplanade mixed-use development, minutes from I-90 and Algonquin Commons, providing easy access to numerous restaurants and amenities. The building boasts attractive landscaping, an event lawn, and bistro seating. Available units are unfurnished but include marquee signage, a shared common kitchen, WiFi, a VOIP communications package, and access to a shared copy/fax machine with scan-to-email functionality. Two conference rooms are available for an additional fee. The lease is a flat monthly fee, eliminating additional CAM or utility expenses. One available unit, located on the second floor of this elevator building, is 176 square feet. The property is conveniently located in a vibrant area with easy access to major roadways. Available January 1, 2020.

    Property Features for 2390 Esplanade Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    300 SF

    Building Details

    Year Built
    2007
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    158 SF
    Rate per SF
    $60
    Space
    Available Space 3
    Size
    142 SF
    Rate per SF
    $59
    Property Profile Location Intelligence

    Current Use by Public Records

    Office 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
    -88.2941563
    Latitude
    42.165571

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    FAQs

    What type of property is this?
    Office space - Upscale office space, flexible sizes, prime location.
    Where is this office space located?
    The property is located at 2390 Esplanade Dr Algonquin, IL.
    What is the lease rate?
    The lease rate is $59-$60 SF/Yr.
    Request Owner's contact information
    2390 Esplanade Dr Algonquin, IL 60102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2390 Esplanade Dr Algonquin, IL 60102
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