Algonquin, IL 60102 2701 - 2799 Algonquin Road
$5,000,000
Presented By: Berkshire Hathaway HomeServices Starck Real Estate
SQFT • 29,000
Home Details
PRIME RETAIL CENTER ALONG MAJOR SHOPPING CORRIDOR, BUILT IN 2005. HIGH TRAFFIC COUNTS, EXCELLENT VISIBILITY, AMPLE PARKING AND MULTIPLE ACCESS. ILLUMINATED LED SIGNAGE. QUALITY DEMOGRAPICS. CURRENT TENANTS INCLUDE ILLINOIS BONE & JOINT, ALLSTATE INSURANCE, CODE NINJAS AND CD PRICE ONE CLEANERS. MANY LONGER TERM TENANTS, CAP RATE 6.4, RENT ROLL AVAILABLE W/ NON-DISCLOSURE. OFFERING MEMORANDUM IN ADDITIONAL INFO.
Presented By: Berkshire Hathaway HomeServices Starck Real Estate
General for 2701 - 2799 Algonquin Road
Additional Parcels Y/NNo
CityAlgonquin
Construction MaterialsBrick, Concrete, Synthetic Stucco, Glass
CoolingCentral Air, Central Individual
CountyMcHenry
Current UseCommercial
DirectionsJUST WEST OF INTERSECTION OF RANDALL AND ALGONQUIN RD. AT THE SE CORNER OF ALGONQUIN AND TALAGA
ElectricCircuit Breakers, Service - 201 to 600 Amps
Gross Income
Leasable Area
Lease TypeN/A
Lot Size Square Feet162000
MLS AreaAlgonquin
Net Operating Income320000
Number Of Units Total16
Operating Expense179660
PossessionClosing, Immediate, Negotiable
Property SubtypeShopping Center
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofMembrane, Rubber
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount82484
Tax Year2023
TownshipAlgonquin
UtilitiesNatural Gas Available, Sewer Connected
Year Built2005
ZoningRTAIL
Exterior for 2701 - 2799 Algonquin Road
Building Area Total29000
Foundation DetailsConcrete Perimeter
Frontage TypeSignal Intersection, US Highway
Lot Dimensions292' X 557'
Water SourceMunicipal Water
Additional Details
Price History
Rick Virgl
Commercial Broker
