Cary, IL 60013 270-296 Cary Algonquin Avenue
$1,650,000



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Presented By: Century 21 Utmost
Home Details
Welcome to the fully leased retail strip center! Cary Oaks Plaza, located at 270-296 Cary Algonquin Road in Cary, Illinois, is a neighborhood strip mall anchored by a 7-Eleven convenience store. Constructed in 1994, the plaza encompasses approximately 8,320 square feet and sits on a 0.864-acre lot. The center offers multiple retail spaces, including a 900-square-foot suite and a 1,620-square-foot end-cap unit featuring a rare drive-thru window. These spaces are suitable for various uses such as retail, medical, personal care, boutique fitness, and office operations. The location benefits from significant foot traffic and visibility, with nearly 13,000 vehicles passing by daily. Adjacent to a large residential development, Cary Oaks Plaza provides ample parking with 42 surface spaces. The property has undergone recent upgrades. Notable tenants include a 7-Eleven convenience store. The plaza's strategic location and diverse tenant mix make it a central hub for the surrounding community. The Plaza's low maintenance, stable income stream, and growth potential make it an excellent fit for investors seeking reliable returns and long-term appreciation.
Presented By: Century 21 Utmost
General for 270-296 Cary Algonquin Avenue
Additional Parcels Y/NNo
CityCary
Construction MaterialsBrick
CoolingCentral Individual
CountyMcHenry
DirectionsNorthwest Highway to Main St. Head South to location on Cary Algonquin Rd.
ElectricCircuit Breakers
Gross Income150600
Leasable Area2500
Lot Size Square Feet37885
MLS AreaCary / Oakwood Hills / Trout Valley
ModificationTimestamp2025-04-18T05:06:03.134Z
Net Operating Income108918
Number Of Units Total6
Property SubtypeShopping Center
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofComposition
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount21564
Tax Year2023
Year Built1994
ZoningCOMMR
Exterior for 270-296 Cary Algonquin Avenue
Building Area Total8320
Lot Dimensions.87
Additional Details
Price History
