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Property profile & analytics
OFF-MARKET
Office Spaces

2390 Esplanade Dr Algonquin, IL 60102

Built 2007
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Year built 2007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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