Shopping Center

Algonquin, IL Shopping Centers for Sale

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Lake In The Hills, IL Barrington Hills, IL Lakewood, IL Crystal Lake, IL Dundee, IL Huntley, IL Cary, IL Vlg Of Lakewd, IL
Fully Leased Retail Center
Updated: Feb 5, 2025
Fully Leased Retail Center

2701 - 2799 Algonquin Road, Algonquin, IL 60102

$5,500,000
Fully Leased with a 6.03% CAP Rate
Prime Retail Center Location Along Major Shopping Corridor
High Traffic Counts and Excellent Visibility
Strong Tenant Mix featuring Illinois Bone & Joint, Allstate Insurance, Code Ninjas, and CD Price One Cleaners
Ample Parking and Multiple Access Points
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Algonquin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Approved Retail Center Development
Approved Retail Center Development

454 W Terra Cotta Ave, Crystal Lake, IL 60014

Contact for pricing
10,671 sqft

Approved plans include an 8-unit retail center with a drive-through lane and parking for 48 vehicles.

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Historic Ice House Mall Opportunity
Historic Ice House Mall Opportunity

200 Applebee Street, Barrington, IL 60010

$2,995,000
1.73 AC lot

Iconic mixed-use property in the heart of Barrington, Illinois.

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Strip Center with Retail Tenants
Strip Center with Retail Tenants

600-660 S. Northwest Hwy, Barrington, IL 60010

Contact for pricing

For-sale strip center on S. Northwest Hwy with reported 20,700 vehicles per day traffic count.

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High Profile Commercial Building
High Profile Commercial Building

10 & 40-60 W. Terra Cotta Ave, Crystal Lake, IL 60014

Contact for pricing
18,567 sqft

Commercial building in Crystal Lake with world-renowned tenants.

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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.

Elgin Land Development Opportunity
Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000
40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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Rand Road Development Opportunity
Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Aurora Land Ready for Development
Aurora Land Ready for Development

1900 E New York Street, Aurora, IL 60502

$950,000
13.00 AC lot

13-acre land offering in Aurora, IL, for commercial or mixed-use development.

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Corner Commercial Land Parcel
Corner Commercial Land Parcel

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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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.

175215 Randall Rd
Power centers

175215 Randall Rd, Algonquin, IL 60102

Value Estimation by Request
20,400 sqft 0.80 AC lot
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Sec Randall Rd And Longmeadow Pkwy
Lifestyle centers

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

Value Estimation by Request
4.75 AC lot
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2302 Esplanade Dr
Lifestyle centers

2302 Esplanade Dr, Algonquin, IL 60102

Value Estimation by Request
2,566 sqft
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2531-2545 Algonquin Rd
Neighborhood centers

2531-2545 Algonquin Rd, Algonquin, IL 60102

Value Estimation by Request
4,100 sqft
View details

Algonquin, IL Shopping Centers Market Trends and Statistics

Explore 5 shopping centers for sale in Algonquin, IL on our real estate platform.

Sale prices for plazas in Algonquin, IL average $5,500,000 — 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

Shopping centers 7
Storefront properties 7
Automotive properties 1
Gas stations 1

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 $5.5M

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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