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
182
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
Income
Net Operating Income: $320,000
Lot
Dimensions: 292' X 557'
Roof
Membrane, Rubber
Taxes
Additional parcels description:, Parcel Number: 1930405001, Annual Amount: $82,484, Year: 2023, Zoning: RTAIL
Utilities
Electricity Available, 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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The Rick O'Connor Group
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