1201-1231 Main St Algonquin, IL 60102
This exceptional retail property, the Fox River Center, is located at 1201-1231 S Main St, Algonquin, IL 60102, at the prominent intersection of Main St. & Beach Dr. The single-story, 16,500 square foot building underwent a complete renovation in 2022 and features 16 suites, with three currently available for lease, each a minimum of 1,000 square feet. The center boasts ample parking with 83 spaces for customer convenience. Its B-2 General Retail zoning in Mchenry County makes it ideal for a variety of businesses. The property offers a high-quality, well-maintained environment in a highly visible and easily accessible location, perfect for attracting customers. The Fox River Center is an established retail destination within the Algonquin community, providing tenants with a strong foundation for success. No elevators are present.
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.