Algonquin, IL Retail Properties & Spaces for Sale

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Updated: Mar 26, 2024

Retail Unit with Ample Parking

2302-2320 Esplanade Dr, Algonquin, IL

$349,000

2,566 sqft 1.49 AC lot

Move‑in ready space, previously Fit RX and Elite Sorts and Nutrition, featuring a smoothie bar and shelving.
Option to purchase a 2,566 SF unit for $349,000 or a 1,283 SF unit for $225,000.
Divisible to 1,282 SF, providing flexible space options.
2,566 SF Unit available.
Ample, paved parking available.

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This listing looks promising.

Here's a quick look at some key insights for

2302-2320 Esplanade Dr, Algonquin, IL

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Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$25K
Annual
Price @ 7% Cap

$354K
Above asking

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Updated: Jul 8

Retail Storefront Property

200-202 S Main Street, Algonquin, IL 60102

$749,900

0.40 AC lot

Brick construction
Central air cooling
Year built: 1917

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Vintage Algonquin Commercial Space

302 S Main Street, Algonquin, IL 60102

$750,000

0.20 AC lot

Historic 1893 building with versatile commercial space in Algonquin.

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Turn-Key Pizzeria in Algonquin, IL

123 S Main Street, Algonquin, IL 60102

$250,000

0.18 AC lot

Fully operational Neapolitan pizzeria for sale in downtown Algonquin.

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Former Restaurant in Prime Location

1591 Randall Rd., Algonquin, IL

$2,350,000

10,500 sqft

Versatile space suitable for restaurant, retail, or healthcare.

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Downtown Algonquin Commercial Space Available

302 S Main Street, Algonquin, IL 60102

Contact for pricing

0.20 AC lot

Commercial space in downtown Algonquin's historic district, suitable for retail.

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Established Restaurant with Outdoor Dining

999 CONFIDENTIAL, Algonquin, IL 60102

$1,100,000

Well-established 6,000 sq ft restaurant with liquor license.

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Freestanding Red Robin Investment Property

441 S Randall Rd, Algonquin, IL

$4,113,000

6,970 sqft 1.31 AC lot

NNN leased Red Robin with rental increases in Algonquin, Illinois.

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Algonquin Net Leased Property

2360 S. Randall Road, Algonquin, IL 60102

Contact for pricing

55,161 sqft 3.00 AC lot

Long-term net leased property 100% leased to Hobby Lobby.

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Freestanding Retail Building

2360 S Randall Rd, Algonquin, IL 60102

Contact for pricing

55,161 sqft 4.28 AC lot

Freestanding retail site with 191 parking spaces at a signalized intersection, positioned for general retail and showroom uses.

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Fully Leased Retail Center

2701 - 2799 Algonquin Road, Algonquin, IL 60102

$5,500,000

Prime retail center along major shopping corridor, built in 2005.

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Retail Land Parcel with Lease

1500 S Randall Rd, Algonquin, IL 60102

Contact for pricing

Long-term leased retail pad positioned for nearby Trader Joe’s and Nordstrom Rack.

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Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 12 Active listings in Algonquin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Condo with Loading Docks

9115 Trinity Drive, Lake In The Hills, IL 60156

$149,000

2,563 sqft 6.46 AC lot

Partially finished commercial condo with showroom, offices, central A/C, and two recessed loading docks for flexible use.

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Commercial Condo with Loading Docks

9115 Trinity Drive, Lake In The Hills, IL 60156

$149,000

2,563 sqft 6.46 AC lot

Partially finished condo with a showroom, private office, multiple rooms, central A/C, and two recessed loading docks.

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Corner Office/Retail Suite

1540 Carlemont Drive, Crystal Lake, IL 60014

$365,000

Turn-key corner suite with a built-out tattoo shop layout and easy access to the Randall Road corridor.

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Retail Space Available For Sale

440 W Virginia St, Crystal Lake, IL 60014

$450,000

5,195 sqft

Retail space for sale, 5195 square feet.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Development Site For Sale

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

Contact for pricing

Prime corner development site with high traffic counts.

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Prime Land in Randall Road

6850 Huntley Road, Carpentersville, IL 60110

$550,000

2.38 AC lot

2.38 acres in Carpentersville's Randall Road Commercial District.

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Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000

2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Land For Sale, Cary, IL

Kaper Drive, Cary, IL 60013

$840,000

3.16 AC lot

Commercial land available in Cary, Illinois.

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Off-Market Properties in Algonquin, IL

Consider similar Off-Market properties in Algonquin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Retail properties & Spaces

3927 Algonquin Rd, Algonquin, IL 60102

Value Estimation by Request

37,968 sqft

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Investment properties

1317 Main St, Algonquin, IL 60102

Value Estimation by Request

2,441 sqft 0.23 AC lot

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Retail properties & Spaces

0 Algonquin Rd, Algonquin, IL 60102

Value Estimation by Request

11,000 sqft 1.13 AC lot

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Individual retail properties

1515 Randall Rd, Algonquin, IL 60102

Value Estimation by Request

67,468 sqft

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Retail properties & Spaces

702 Randall Rd, Algonquin, IL 60102

Value Estimation by Request

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Retail properties & Spaces

1201-1231 Main St, Algonquin, IL 60102

Value Estimation by Request

16,500 sqft

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Power centers

175215 Randall Rd, Algonquin, IL 60102

Value Estimation by Request

20,400 sqft 0.80 AC lot

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Restaurants

272 Randall Rd, Algonquin, IL 60102

Value Estimation by Request

10,440 sqft 0.93 AC lot

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Lifestyle centers

0 Sec Randall Rd And Longmeadow Pkwy, Algonquin, IL 60102

Value Estimation by Request

4.75 AC lot

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Retail properties & Spaces

4087 Algonquin Rd, Algonquin, IL 60102

Value Estimation by Request

8,900 sqft

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Office Spaces

1536 Algonquin Rd, Algonquin, IL 60102

Value Estimation by Request

View details

Retail properties & Spaces

252 Randall Rd, Algonquin, IL 60102

Value Estimation by Request

10,440 sqft

View details

Algonquin, IL Retail Properties & Spaces Market Trends and Statistics

Explore 29 retail properties & spaces for sale in Algonquin, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 20,036 square feet of properties for sale, with an estimated market value of $6,812,000.

Sale prices for stores in Algonquin, IL start at $349,000, averaging $2,270,666, and reaching up to $4,113,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 61K

Population Growth (5Y) -0.7%

Median Household Income $121,192

College Educated 52.6%

High-Yield Neighborhoods for Investment

Identify Algonquin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60102	$2.8M

Taxes & Financing

Tax Rate (average for all types) 8.90%

Property Tax per SF $80.23 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McHenry County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Algonquin fall within the 25,000 to 50,000 square foot range.

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Algonquin, IL Retail Properties & Spaces for Sale

2302-2320 Esplanade Dr, Algonquin, IL

200-202 S Main Street, Algonquin, IL 60102

302 S Main Street, Algonquin, IL 60102

123 S Main Street, Algonquin, IL 60102

1591 Randall Rd., Algonquin, IL

302 S Main Street, Algonquin, IL 60102

999 CONFIDENTIAL, Algonquin, IL 60102

441 S Randall Rd, Algonquin, IL

2360 S. Randall Road, Algonquin, IL 60102

2360 S Randall Rd, Algonquin, IL 60102

2701 - 2799 Algonquin Road, Algonquin, IL 60102

1500 S Randall Rd, Algonquin, IL 60102

Opportunities in Nearby Cities

9115 Trinity Drive, Lake In The Hills, IL 60156

9115 Trinity Drive, Lake In The Hills, IL 60156

1540 Carlemont Drive, Crystal Lake, IL 60014

440 W Virginia St, Crystal Lake, IL 60014

Potential Development Sites for Consideration

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

6850 Huntley Road, Carpentersville, IL 60110

Huntley Road lot: 009, Carpentersville, IL 60110

Kaper Drive, Cary, IL 60013

Off-Market Properties in Algonquin, IL

3927 Algonquin Rd, Algonquin, IL 60102

1317 Main St, Algonquin, IL 60102

0 Algonquin Rd, Algonquin, IL 60102

1515 Randall Rd, Algonquin, IL 60102

702 Randall Rd, Algonquin, IL 60102

1201-1231 Main St, Algonquin, IL 60102

175215 Randall Rd, Algonquin, IL 60102

272 Randall Rd, Algonquin, IL 60102

0 Sec Randall Rd And Longmeadow Pkwy, Algonquin, IL 60102

4087 Algonquin Rd, Algonquin, IL 60102

1536 Algonquin Rd, Algonquin, IL 60102

252 Randall Rd, Algonquin, IL 60102

Algonquin, IL Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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