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, CAP RATE 6.4, RENT ROLL AVAILABLE W/ NON-DISCLOSURE. OFFERING MEMORANDUM IN ADDITIONAL INFO.
* ONE OF A KIND * LARGE 7200 SQ FT BUILDING ON 1.09 ACRES W/ 4 SEPARATE RENTABLE UNITS UNDER ONE ROOF * #15 - #25 -#35 -#45 * OWNER OCCUPIES THIS 1ST 2 UNITS AND RENT THE OTHER 2 UNITS OUT FOR A LOW RENT * FANTASTIC INCOME PROPERTY * OPERATE YOUR OWN BUSINESS IN 1 OR 2 OF THE UNITS AND RENT THE OTHERS OUT FOR INCOME * EACH UNIT HAS ITS OWN 14 FT BAY DOOR * EACH UNIT HAS BUILT IN LOFTS * # 15 & 25 ARE COMPLETELY REMODELED WITH BEAUTIFUL OFFICES - KITCHENS & BATHS * BUILDING CAN BE SUPER PROFITABLE *
Beautiful office condo located in the Randall Road corridor. The secure office condo consists of 8 office rentals (all are currently leased at gross rents), a common conference room, men and women restrooms, kitchen area and waiting area. The condo has recently been remodeled including, flooring in the offices and in the common areas, fresh paint, and new conference room furniture. The roof was done in 2019 and the driveway was sealed in 2020. This office condo is located one block from Randall Rd and is adjacent to the Algonquin Jewel Shopping Center and across from Lifetime Fitness.
HISTORIC AREA OF ALGONQUIN, 2 STORY BUILDING, RECENT UPGRADE FROM TOP TO BOTTOM, INCLUDING ROOF, SHINGLES, WINDOWS.FLOORING, PAINTING THRU OUT, NEW WOOD DECK. 1st FLOOR OFFERS; 3 OFFICES, 1 BATH, KITCHEN AREA WITH ACCESS TO BASEMENT. 2nd FLOOR OFFERS; 2 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN. OFF STREET PARKING. OWNER OCCUPIED BUSINESS ON FIRST FLOOR, FAMILY LIVING 2ND FLOOR. CALL AGENT TO DISCUSS
Attention Investors: High end income producing medical condos available for sale and currently producing a 10% return. These are arm chair investments with an owner's association responsible for all exterior maintenance, Common Area, Roof & Structure. Put your money to work, while you sleep.
Turn-key medical testing center now available for lease, located in the Briarwood Office center just off of County Line Road in Algonquin (across from Algonquin Commons). Strategically located within 5.3 to 12.0 miles of 3 hospitals and 6 medical clinics. This is a major service area for Advocate Sherman and Centegra Healthcare. McHenry County is home to more than 300,000 residents.
Attention Investors: High end income producing medical condos available for sale and currently producing a 10% return. These are arm chair investments with an owner's association responsible for all exterior maintenance, Common Area, Roof & Structure. Put your money to work, while you sleep.
The median home value in Algonquin, IL is $385,000. This is higher than the county median home value of $288,600. The national median home value is $338,100. The average price of homes sold in Algonquin, IL is $385,000. Approximately 82.94% of Algonquin homes are owned, compared to 14.53% rented, while 2.54% are vacant. Algonquin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Algonquin real estate agent to arrange a tour today!
Algonquin, Illinois has a population of 29,869. Algonquin is less family-centric than the surrounding county with 32.42% of the households containing married families with children. The county average for households married with children is 33.95%.
The median household income in Algonquin, Illinois is $115,346. The median household income for the surrounding county is $93,801 compared to the national median of $69,021. The median age of people living in Algonquin is 42 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 12.4 degrees. The average rainfall is approximately 38 inches per year, with 32.7 inches of snow per year.