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    Algonquin, IL
    Restaurants

    Algonquin, IL Restaurants for Sale

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    10 properties
    Former Restaurant in Prime Location
    Updated: May 22
    Former Restaurant in Prime Location

    1591 Randall Rd., Algonquin, IL

    $2,350,000
    10,500 sqft
    Prime location at Randall & County Line Rds within a 2,000,000 SF retail node.
    Located across from Algonquin Commons, a 600,000 SF lifestyle center anchored by Trader Joe's, Nordstrom Rack, Dick's Sporting Goods, Barnes & Noble and Fresh Market.
    High traffic counts of 47,000.
    Affluent trade area with average household income of $138,020 within a 3 mile radius.
    Great space suitable for restaurant, event space, medi‑spa, or general retail.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1591 Randall Rd., Algonquin, IL

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $123K
      Annual

    • Price @ 7% Cap

      $1.76M
      Suggested
    View Property Analytics
    Turn-Key Pizzeria in Algonquin, IL
    Updated: Aug 21, 2025
    Turn-Key Pizzeria in Algonquin, IL

    123 S Main Street, Algonquin, IL 60102

    $250,000
    0.18 AC lot
    Fully operational, authentic Neapolitan pizzeria with loyal customer base
    Turn‑key opportunity with training and recipes provided
    Located in a desirable downtown area with high foot traffic, near boutiques, shops, and riverfront
    Includes a full‑service liquor bar and private party room
    Approximately 90 seats with aggressive carry‑out business
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    New Retail Property in Algonquin
    New Retail Property in Algonquin

    1721 S Randall Rd, Algonquin, IL 60102

    $5,916,250
    6,150 sqft

    New two-tenant retail property with long-term leases.

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    Downtown Algonquin Commercial Space Available
    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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    Freestanding Red Robin Investment Property
    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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    Established Restaurant with Outdoor Dining
    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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    Algonquin Restaurant in Shopping Center
    Algonquin Restaurant in Shopping Center

    2561 County Line Rd, Algonquin, IL 60102

    $2,905,300
    7,554 sqft

    Family-owned breakfast and lunch restaurant in Algonquin, Illinois.

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    Restaurant in Algonquin Commons
    Restaurant in Algonquin Commons

    2561 County Line Rd, Algonquin, IL 60102

    Contact for pricing
    7,554 sqft

    Family-owned breakfast and lunch restaurant in Algonquin, Illinois.

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    New Retail Property in Algonquin
    New Retail Property in Algonquin

    1721 S Randall Rd, Algonquin, IL 60102

    $5,916,250
    6,150 sqft

    New two-tenant retail property with long-term leases and rent increases.

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    Commercial Lot on Algonquin Road
    Commercial Lot on Algonquin Road

    900 E Algonquin Road, Algonquin, IL 60102

    $499,000

    Zoned B-1, suitable for restaurant, office, medical, or daycare.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 10 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.

    Drive-Thru Popeyes Investment Opportunity
    Drive-Thru Popeyes Investment Opportunity

    2180 Randall Rd, Carpentersville, IL

    $2,030,000
    2,528 sqft · 0.98 AC lot

    Freestanding Popeyes in Chicago MSA with absolute NNN lease.

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    Freestanding Burger King Restaurant
    Freestanding Burger King Restaurant

    250 W Virginia St, Crystal Lake, IL 60014

    Contact for pricing
    3,931 sqft

    Burger King restaurant on a major thoroughfare in Crystal Lake.

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    Crystal Lake Commercial Corner Lot
    Crystal Lake Commercial Corner Lot

    1703 IL ROUTE 176, Crystal Lake, IL 60014

    $449,900
    0.31 AC lot

    Corner lot suitable for drive-thru restaurant on Route 176.

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    NNN Popeyes Investment Property
    NNN Popeyes Investment Property

    2180 Randall Rd, Carpentersville, IL 60110

    $2,030,000

    Freestanding drive-thru Popeyes in Carpentersville, IL, Chicago MSA.

    View details

    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.

    Prime Commercial Land on Route 14
    Prime Commercial Land on Route 14

    130 South Virginia Street, Crystal Lake, IL 60014

    $299,500
    0.52 AC lot

    0.52 acre commercial land with high traffic count.

    View details
    Prime Corner Lot in Huntley
    Prime Corner Lot in Huntley

    Il Rt 47 Highway lot: 1, Huntley, IL 60142

    $812,000
    1.31 AC lot

    High-visibility commercial land available at Route 47 and Joan.

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    Commercial Land Near Retail
    Commercial Land Near Retail

    Lots 2-3 4 Northwest Highway, Cary, IL 60013

    $599,832
    1.97 AC lot

    1.97 acre commercial development land near established retailers.

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    Elgin Land on Route 25
    Elgin Land on Route 25

    1409 DUNDEE Avenue, Elgin, IL 60120

    $295,000
    0.50 AC lot

    Approximately 0.5 acre corner lot with access to I-90.

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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.

    272 Randall Rd
    Restaurants

    272 Randall Rd, Algonquin, IL 60102

    Value Estimation by Request
    10,440 sqft · 0.93 AC lot
    View details
    2302 Esplanade Dr
    Lifestyle centers

    2302 Esplanade Dr, Algonquin, IL 60102

    Value Estimation by Request
    2,566 sqft
    View details
    252 Randall Rd
    Individual retail properties

    252 Randall Rd, Algonquin, IL 60102

    Value Estimation by Request
    10,440 sqft
    View details
    9999 Algonquin Rd
    Restaurants

    9999 Algonquin Rd, Algonquin, IL 60102

    Value Estimation by Request
    View details

    Algonquin, IL Restaurants Market Trends and Statistics

    Explore 14 restaurants for sale in Algonquin, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 37,324 square feet of properties for sale, with an estimated market value of $21,200,800.

    Sale prices for restaurant properties in Algonquin, IL start at $2,350,000, averaging $4,240,160, and reaching up to $5,916,250 — 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

    Conventional restaurants 7
    Breakfast & diners 2
    Coffee shops 2
    Turn key restaurants 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 $2.4M

    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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