Property profile

2102 Algonquin Rd Lake In The Hills, IL 60156

OFF-MARKET
Other commercial real estate
Property ID
US28-1415345
22,424 SF 2.6 ac lot Built 1987
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

An office suite located approximately 1,000 feet east of Randall Road, configured for professional services such as a chiropractor, personal trainer, or nail salon. The unit measures 40 feet by 48 feet, providing 1,920 square feet of interior space. The layout includes a large reception area, a break room, six private offices, and two bathrooms. Signage is supported with monument signage and signage above the entrance.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1987
Total area 22,424 SF
Lot 2.6 ac (113,216 SF)
APN 19-29-181-008
UPID US28-1415345

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2102 Algonquin Rd Lake In The Hills, IL 60156-1370
Lake In The Hills metro Census 871205 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.57M
Comparable Approach Comparable
$3.37M
Blend (final) Blend
$520k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $3.2M +30.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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