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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

252 Randall Rd Algonquin, IL 60102

10,440 SF Built 2001
Property ID
Property summary
AI-generated overview

This exceptional 1,200 square foot retail space is situated within the vibrant Stonegate Commons, a 10,440 square foot multi-tenant center in Algonquin, Illinois. Located at 252 S Randall Rd, 60102, this property boasts a prime location on the busy Randall Road/Algonquin Road retail corridor, directly across from a Home Depot, experiencing over 40,300 vehicles per day. Built in 2001, this single-story building offers convenient access and ample parking with 52 spaces. The space itself is a former hair salon, featuring eight styling stations, three wash bowls, a laundry room, bathroom, break room, office, and a front waiting area. Existing salon equipment is included. The property is zoned for retail use and benefits from a 400A power supply. The total monthly rent, inclusive of common area maintenance (CAM) and taxes, is $3,000. Property taxes are $4.55 per square foot. The building has a floor area ratio (FAR) of 0.26. This presents a fantastic opportunity for a salon, spa, restaurant, or similar business seeking a well-established location with high visibility and existing infrastructure. The property is part of the Chicago submarket.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2001
Total area 10,440 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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