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Property profile & analytics

2040 Algonquin Rd Algonquin, IL 60102-9631

  • Commercial real estate
  • 1.13 lot acres
OFF-MARKET
Value Estimation
$285,000
Location Intelligence
Property ID
US28-2690298
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2040 Algonquin Rd

Lot size
1.13 lot acres
Property type
Commercial real estate
APN
19-35-400-013
APU
1935400013

Description

This exceptional 10,900-square-foot warehouse, located at 2040 E Algonquin Rd in Algonquin, Illinois, presents a significant leasing opportunity. Situated on a 1.17-acre lot, this single-tenant property offers ample space for a variety of industrial or retail uses. Built in 1988, the building is currently vacant, providing immediate occupancy for a new tenant. The property boasts 17 parking spaces, ensuring convenient access for employees and customers. The zoning designation is B-1, allowing for a range of commercial activities. This prime location in McHenry County, Illinois, offers easy access to major transportation routes, making it an ideal choice for businesses seeking efficient logistics and distribution capabilities. The property's spacious layout and convenient amenities make it an attractive option for companies seeking to establish or expand their operations in a thriving commercial area. The address is 2040 E Algonquin Rd, Algonquin, IL 60102. The property is classified as both Retail and Industrial, with a warehouse and showroom subtype.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $290,000
  • CAP approach

    CAP return
    Estimation
    6%
    $290,000
    6.5%
    $290,000
    7%
    $290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $260,000
    Geo Method
    $245,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $230,000
    Retail
    $270,000
    Mixed-Use
    $285,000
    Hospitality
    $265,000
    Educational
    $250,000
    Residential Income
    $280,000
    Energy
    $290,000
    Income-Based Land
    $285,000
    Food Service
    $265,000

Location Insight

  • Map
  • Local Demand
City
Algonquin
County
Mchenry
State
Illinois
Longitude
-88.2658
Latitude
42.1562
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$18,745
$151,442
$70,650
$222,092
-
$454,326
$211,950
$666,276
More about this property
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