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3711 W Algonquin Rd 2,649 SF 100% Leased Flex Building Algonquin, IL 60102 $1,200,000 ($453.00/SF)
INVESTMENT HIGHLIGHTS
- Prime location along Algonquin Road corridor near Randall Road
- Includes remodeled office building with multiple private offices
- Nearly five acres offering exceptional visibility and access
EXECUTIVE SUMMARY
Hurry one of the few undeveloped parcels left right in the heart of the growing Algonquin Road corridor! Surrounded by homes and shopping this high-profile traffic location
is a great investment to hold in your portfolio. This property sits on just under 5 acres which allows for endless possibilities! Current zoning will only allow a similar use of what is in place now which is construction/landscaping company. The property features a remodeled 4 bedroom home which is currently being rented on lease, a vintage massive two story barn used for storage, several smaller outbuildings and a very large remodeled office/storage building featuring a separate construction office with updated full bath/office/storage, a second floor all remodeled office space with 5-6 offices, two story exposed ceilings with open ductwork, conference room area and extra storage area! Even extra individual lower garage storage units! So many moving options with this property make this one of the best investments on the market right now! Less than a mile to Randal Road! Let's set up a private showing and you will see the potential!
is a great investment to hold in your portfolio. This property sits on just under 5 acres which allows for endless possibilities! Current zoning will only allow a similar use of what is in place now which is construction/landscaping company. The property features a remodeled 4 bedroom home which is currently being rented on lease, a vintage massive two story barn used for storage, several smaller outbuildings and a very large remodeled office/storage building featuring a separate construction office with updated full bath/office/storage, a second floor all remodeled office space with 5-6 offices, two story exposed ceilings with open ductwork, conference room area and extra storage area! Even extra individual lower garage storage units! So many moving options with this property make this one of the best investments on the market right now! Less than a mile to Randal Road! Let's set up a private showing and you will see the potential!
PROPERTY FACTS
| Price | $1,200,000 | Lot Size | 4.89 AC |
| Price Per SF | $453.00 | Rentable Building Area | 2,649 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1930 |
| Building Class | C | ||
| Zoning | B2 - Commercial | ||
| Price | $1,200,000 |
| Price Per SF | $453.00 |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 4.89 AC |
| Rentable Building Area | 2,649 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | B2 - Commercial |
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PROPERTY TAXES
| Parcel Number | 18-25-400-031 | Improvements Assessment | $177,542 |
| Land Assessment | $39,129 | Total Assessment | $216,671 |
PROPERTY TAXES
Parcel Number
18-25-400-031
Land Assessment
$39,129
Improvements Assessment
$177,542
Total Assessment
$216,671
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3711 W Algonquin Rd
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