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2701 - 2799 Algonquin Road Algonquin, IL 60102

$5,500,000
Active / MLS# 12283548 / Commercial - Retail / Algonquin
0 Beds
29000 SqFt

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. MANY LONGER TERM TENANTS. RENT ROLL AVAILABLE W/ NON-DISCLOSURE. OFFERING MEMORANDUM IN ADDITIONAL INFO.

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air, Central Individual
Lot Size: 3.72 Acres
Roof Type: Membrane, Rubber
Stories: 1.0
Taxes: $82,484
Year Built: 2005

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers, Service - 201 to 600 Amps
Exterior: Brick, Concrete, Synthetic Stucco, Glass
Fire Protection: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors, Sprinklers-Wet
Foundation: Concrete Perimeter
Frontage Type: Signal Intersection, US Highway
HVAC: Forced Air, Gas
Location: Central Business District
Lot Dimensions: 292' X 557'
Miscellaneous Indoor: Accessible Entrance, Accessible Washroom/s, Multi-Tenant, Private Restroom/s
Number of Tenant(s): 13
Parcel#: 1930405001
Parking: Over 100 Spaces
Units: 16
Utilities: Electric to Site, Natural Gas Available, Sewer Connected

Location

See details and scored characteristics about this location.

Listing Office: Berkshire Hathaway HomeServices Starck Real Estate

Listing Office Phone: 815-459-5900



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