1300 Algonquin RdAlgonquin, IL 60102
- Commercial real estate
- 103,155 SF
Property Details for 1300 Algonquin Rd
- Year built
- 1989
- Lot size
- 10.72 AC
- Property size (Sq ft)
- 103,155 SF
- Property type
- Commercial real estate
- APN
- 19-35-161-021
- APU
- 1935161021
Description
This exceptional retail property, Algonquin Town Center, located at 1300 E Algonquin Rd, Algonquin, IL 60102, offers 103,266 square feet of commercial space in McHenry County. The property features a diverse tenant mix, including established businesses like Dollar Tree and Goodwill. Multiple leasing options are available, ranging from 780 square feet to a maximum contiguous space of 41,188 square feet, with 56,716 square feet currently vacant. The center boasts excellent visibility with monument signage along Algonquin Road, a high-traffic area with nearly 39,000 vehicles per day. Its strategic location across from major retailers such as Jewel-Osco and Dunkin' Donuts ensures high foot traffic and a strong retail environment. The property sits on a 10.72-acre lot and provides ample parking with 300 spaces. This thriving commercial hub presents a unique opportunity for businesses seeking a prominent location in suburban Algonquin. The minimum divisible space is 780 square feet. This well-maintained property offers a dynamic retail environment in a high-demand area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $21,319,446
- Hospitality
- $19,528,498
- Educational
- $16,247,481
- Medical
- $16,806,256
- Retail
- $25,273,858
Location Insight
- City
- Algonquin
- County
- Mchenry
- State
- Illinois
- Latitude
- 42.1615
- Longitude
- -88.2739
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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