Shopping Center

Algonquin, IL Shopping Centers for Sale

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Fully Leased Shopping Center
Updated: Oct 12, 2024
Fully Leased Shopping Center

2799 Algonquin Rd 2701, Algonquin, IL 60102

$5,500,000
29,000 sqft
29,000‑square‑foot shopping center built in 2005
Fully leased with a reported 6.03 cap rate
Current occupants include Illinois Bone & Joint, Allstate Insurance, Code Ninjas, and CD Price One Cleaners
Illuminated LED signage and on‑site parking
Multiple access points along Algonquin Rd
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See what stands out in McHenry County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 12 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 3 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.

Historic Mixed-Use Property
Historic Mixed-Use Property

200 Applebee St, Barrington, IL 60010

$1,995,000
60,000 sqft

Approximately 60,000 square feet combines retail and office areas with established restaurant and brewery pub occupants.

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Approved Retail Center Development
Approved Retail Center Development

454 W Terra Cotta Ave, Crystal Lake, IL 60014

$260,000
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 Mixed-Use Property
Historic Mixed-Use Property

200 Applebee Street, Barrington, IL 60010

$1,995,000
1.73 AC lot

Brick-built commercial destination combining retail, office, restaurant, and brewery pub uses with on-site parking.

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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.

Commercial Land at Signalized Intersection
Commercial Land at Signalized Intersection

40 Acres Randall Road, Elgin, IL 60123

$10,000,000
40.40 AC lot

Large development tract with adjacent sewer and water service near established retail anchors.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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Commercial Corner Lot
Commercial Corner Lot

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

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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

Estimated value:
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

Estimated value:
by Request
4.75 AC lot
View details
2302 Esplanade Dr
Lifestyle centers

2302 Esplanade Dr, Algonquin, IL 60102

Estimated value:
by Request
2,566 sqft
View details
2531-2545 Algonquin Rd
Neighborhood centers

2531-2545 Algonquin Rd, Algonquin, IL 60102

Estimated value:
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. These investment opportunities span a total of 29,000 square feet of properties for sale, with an estimated market value of $5,500,000.

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

Storefront properties 8
Shopping centers 6

Demographics Overview

Population 61K
Population Growth (5Y) -0.7%
Median Household Income $121,192
College Educated 52.6%

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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