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Property profile & analytics
OFF-MARKET
Retail space

501-515 E Algonquin Rd Algonquin, IL 60102

1,507 SF
Property ID
US28-Q020228
Property summary
AI-generated overview

- The subject property is a 11,000 sf retail building located directly on algonquin road (il route 62), just 3 blocks east of the downtown district and the fox river, and at the lighted intersection of algonquin road and eastgate drive. Located across from mcdonald’s and just before the river, this is an extremely convenient center or local residents and traffic, particularly traffic heading west during rush hour. - The property features 2 available units – a former 7-11 with wide open space, as well as a former liquor store, fully built out and move-in ready. Exclusive monument signage available for the end-cap unit. Additional tenants in the building include a liquor store, nail salon, state farm insurance, laundromat and vape store. - Located 3 blocks east of downtown algonquin district. - 2,473 sf & 2,477 sf (endcap; small outdoor storage shed available)11,000 sf building / 1.13 acres - Fully built-out liquor store and former 7–11 - 29 miles from o’hare airport 40 miles from chicago loop - Algonquin has recently experienced great economic growth - High household income ($100,000+) in surrounding areas - 86 parking spaces - Easy access to surrounding neighborhoods including schools and libraries - Located in center with a variety of adjacent tenants and on a lighted intersection - Algonquin road: 37,000 vpd

Property profile
Verified
Property type Retail space
Total area 1,507 SF
UPID US28-Q020228
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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