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Property profile & analytics
OFF-MARKET
Warehouses

15 Hanson Rd Algonquin, IL 60102

7,200 SF
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Warehouses
Total area 7,200 SF
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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