2302 Esplanade Dr Algonquin, IL 60102
This 2,566 square foot retail condo, built in 2007, is located at 2302 Esplanade Drive in Algonquin, Illinois (zip code 60102), within a strong retail and commerce corridor. Previously occupied by Fit RX and Elite Sports and Nutrition, the space boasts a fully built-out interior, including a smoothie bar, shelving, and shopping aisles. This makes it perfectly suited for a variety of businesses, such as a nutrition store, smoothie bar, coffee shop, ice cream or frozen yogurt shop, or specialty grocery store. The property features ample paved parking and is equipped with sprinklers. The unit is divisible, offering a potential 1,282 square foot space. Additionally, there is one 12' x 7' office. The asking price is $349,000. The seller is motivated. Lease rates are subject to offer. Strong area demographics further enhance the investment potential of this property.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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