113 Main St Algonquin, IL 60102

This 11,500-square-foot vacant commercial property, located at 113 S Main St in Algonquin, Illinois (zip code 60102), presents a unique investment opportunity. Classified as a Class C retail building with B-1 zoning, the property previously housed a Mexican restaurant and much of the existing equipment remains. Key features include a 16-foot hood, a walk-in cooler, and approximately 28 owned parking spaces, supplemented by additional village-owned lots nearby. The building extends from Main Street to Harrison Street, offering excellent visibility and access. The property boasts a desirable location overlooking a village-owned park. Recent improvements include a new parking lot (2021) and two new 5-ton rooftop units (late 2019). The building's unique bowtruss construction offers a potential for creative renovation, exposing the brick walls and wooden ceiling. The asking price is $1,450,000, translating to $126.09 per square foot. The property is a single-story building and is currently vacant, making it ideal for an owner/user seeking a turnkey operation or a savvy investor looking for a prime Algonquin location. The property is owned by an LLC.