2701 - 2799 Algonquin Road

Algonquin, IL 60102
Square Ft.
29,000
$5,500,000
FULLY LEASED. 6.03 CAP Rate. 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.… Read MoreRead Less
Courtesy of Berkshire Hathaway HomeServices Starck Real Estate (815) 459-5900
Listing Snapshot
Days Online
623
Last Updated
Property Type
Shopping Center
Square Ft.
29,000
Lot Size
3.72 Acres
Year Built
2005
MLS Number
12283548
Property Location Map
Additional Details
Building
Built in 2005, Construction Materials: Brick, Concrete, Synthetic Stucco, Glass
Cooling
Central Air, Central Individual
Expenses
Operating: $179,660
Foundation
Concrete Perimeter
Home Owner's Association
Fee Frequency: Not Applicable
Income
Net Operating Income: $320,000
Lot
3.71901 acres, Dimensions: 292' X 557'
Roof
Membrane, Rubber
Taxes
Additional parcels description:, Parcel Number: 1930405001, Annual Amount: $82,484, Year: 2023, Zoning: RTAIL
Utilities
Electric to Site, Natural Gas Available, Sewer Connected, Water Source: Municipal Water, Circuit Breakers, Service - 201 to 600 Amps
Water Features
Frontage Type: Signal Intersection, US Highway
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Shawn Strach
Designated Managing Broker
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Listings courtesy of Midwest Real Estate Data LLC. as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.