115 Main StAlgonquin, IL 60102
- Commercial real estate
- 6,028 SF
Property Details for 115 Main St
- Year built
- 1990
- Lot size
- 0.42 AC
- Property size (Sq ft)
- 6,028 SF
- Property type
- Commercial real estate
- APN
- 19-34-126-006
- APU
- 1934126006
Description
This exceptional 2,100 square foot retail space is ideally situated on Main Street in the heart of Downtown Algonquin, Illinois. The property, located at 115 S Main St, 60102, boasts a prime location within a revitalized and growing downtown area. The building is a two-story structure with a 15-foot ceiling height, offering ample space for a variety of uses. The zoning is Mixed Use, allowing for flexibility in tenant occupancy. Possible uses include retail, restaurant, bar, or office space. A significant advantage is the inclusion of a full 2,100 square foot basement, doubling the usable space. The property was renovated in 2011. While street parking is available, the building itself does not have dedicated parking spaces or elevators. The cross street is Algonquin Rd, providing convenient access and visibility. This property presents a unique opportunity for businesses seeking a prominent location in a thriving downtown environment. The submarket is Downtown Algonquin, offering excellent access to local amenities and a strong customer base. This versatile space is ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,245,830
- Hospitality
- $1,141,174
- Educational
- $949,443
- Medical
- $982,096
- Retail
- $1,476,912
Location Insight
- City
- Algonquin
- County
- Mchenry
- State
- Illinois
- Latitude
- 42.168
- Longitude
- -88.2904
- 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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