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    502 Northwest Hwy Cary, IL 60013
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    Property profile & analytics

    502 Northwest Hwy Cary, IL 60013


    • Retail properties & Spaces
    • 26,015 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 502 Northwest Hwy

    Year built
    1996
    Property size
    26,015 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional retail storefront, located at 502 NW Highway, offers 1,215 square feet of vacant space within a larger 26,015 square foot retail center. Situated at the highly visible, signalized intersection of Route 14 and Cary-Algonquin Road, this property benefits from significant traffic flow and exposure. The property is strategically positioned between established businesses such as Lou Malnati's Pizza and Anytime Fitness, and is anchored by a Walgreens, ensuring a strong customer base and high foot traffic. Unit 502-B boasts 893 square feet of front retail space, complemented by a 322 square foot back room, providing ample space for various retail operations. The interior features attractive open ceilings and wood laminate flooring. The property includes 53 total parking spaces for customer convenience. The lot size is 3.27 acres, offering potential for expansion or outdoor display areas. The building was constructed in 1996 and has 200 amps of power. Monument signage is available, providing excellent branding opportunities. The property is zoned B-2, allowing for a variety of retail uses. The total monthly rent for this space is $2,370.26. The APN is 19-12-382-001. This is a rare opportunity to secure a prime retail location in a thriving commercial area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Mchenry
    State
    Illinois
    Longitude
    -88.2364
    Latitude
    42.2129
    More about this property
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