15 Hanson Rd Algonquin, IL 60102
This exceptional Algonquin, Illinois industrial property, located at 15 Hanson Rd, 60102, presents a unique investment opportunity. The 7,200 square foot building sits on a spacious 47,480 square foot lot (1.09 acres) and features four separate, rentable units under one roof. Each unit boasts its own 15-foot bay door and built-in lofts, offering flexibility for various business needs. Units #15 and #25 have undergone complete renovations, showcasing beautiful offices, kitchens, and bathrooms. Currently, the units generate significant rental income, providing a strong return on investment. The property's layout allows for the owner to operate their own business in one or more units while simultaneously collecting rent from the others. This versatile property is ideal for an owner-operator seeking both income and space, or an investor looking for a high-yield asset. The building's profitable nature and the high demand for industrial space in McHenry County make this a truly exceptional opportunity. Don't miss out
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.