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.
Property Details
Price:
$5,500,000
MLS #:
MRD12283548
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Shopping Center
Neighborhood:
algonquin
Listed Date:
Feb 4, 2025
Total Sq Ft:
29,000
Year Built:
2005
Schools
Interior
Cooling
Central Air, Central Individual
Exterior
Construction Materials
Brick, Concrete, Synthetic Stucco, Glass
Roof
Membrane, Rubber
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2023
Taxes
$82,484
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Donna is a native of Pennsylvania and has been married to John for 9 years who is a lifelong resident of Lake Wildwood. They have 2 active young boys that enjoy the outdoors. Donna and her family reside at Lake Wildwood; you are sure to find them enjoying Wildwood’s beaches, being social while riding around on their golf cart, or enjoying one of the many outdoor activities and parks at the lake. Previously, Donna owned Tangled Vines Wine Bar and is extremely knowledgeable about the wine indus…
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2701 – 2799 Algonquin Road
Algonquin, IL