Algonquin Rd Algonquin, IL 60102
- Retail properties
- 11,000 SF
- 1.13 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Algonquin Rd
- Year built
- 1976
- Lot size
- 1.13 lot acres
- Property size
- 11,000 SF
- Property type
- Retail properties
Description
This exceptional 11,000 square foot retail building, situated at 501-515 E. Algonquin Road in Algonquin, Illinois (zip code 60102), presents a prime opportunity. The property boasts a highly visible location directly on Algonquin Road (IL Route 62), only three blocks east of the downtown area and the Fox River. Its strategic placement at the well-lit intersection of Algonquin Road and Eastgate Drive ensures maximum exposure. The 1.13-acre lot features a single, one-story building constructed in 1976, offering ample parking with 86 spaces. Currently, a 2,473 square foot unit is available, previously occupied by a liquor store and fully built-out for immediate occupancy. This move-in ready space is complemented by a diverse mix of established co-tenants, including a homecare agency, Mexican restaurant, nail salon, State Farm Insurance, laundromat, vape store, and a separately owned Coldwell Banker office. The property's location across from McDonald's and its proximity to the Fox River make it exceptionally convenient for local residents and commuters, particularly those traveling west during peak hours. This McHenry County, Far Northwest Submarket property offers a strong foundation for a thriving retail business. The building features a total of one suite.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Algonquin
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2835
- Latitude
- 42.1635
