1301 Algonquin Rd | Algonquin, IL 60102
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- LoopNet Team
1301 Algonquin Rd
Algonquin, IL 60102
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Walgreens recently agreed to a 10 Year lease extension and indicated they will be incorporating VillageMD into this location indicating their commitme
- Very high traffic counts with over 40,000 Vehicles per day.
- Algonquin is a very affluent area with an average household income of $100,693 within a 1 mile radius of the property.
- There was no rent reduction given for the lease extension showing the strong performance of this site.
- Strong Demographics with over 53,000 people in a 3 Mile radius and over 135,000 in a 5 Mile radius from the property.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,905 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.96 AC
Parking
50 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 19-35-303-002 | Improvements Assessment | $308,141 |
| Land Assessment | $223,915 | Total Assessment | $532,056 |
PROPERTY TAXES
Parcel Number
19-35-303-002
Land Assessment
$223,915
Improvements Assessment
$308,141
Total Assessment
$532,056
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