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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Algonquin Rd Algonquin, IL 60102

11,000 SF 1.13 ac lot Built 1976
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1976
Total area 11,000 SF
Lot 1.13 ac (49,223 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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