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1 N Main St
Algonquin, IL 60102
Riverwalk on Main · Retail Property For Lease
HIGHLIGHTS
- Built-in Clientele with over 60 High-End Apartments Leased Immediately Above | Located Immediately on the Fox River Riverwalk
- Higher Income Area and Adjacent Neighborhoods
- Highly Trafficked Corner with Two Major Area Roadways Intersecting at the Property (Rts 31 and 62)
- Located at a Lighted Intersection with an Adjacent and Conveniently Designated Parking Lot
- New Ownership! | TI Packages Available: Units are Currently in Cold Shell Condition
- Heavy Pedestrian Traffic in the Summer as the Riverwalk is the Hub for Algonquin Festivals and Summer Activities
PROPERTY FACTS
| Total Space Available | 5,886 SF | Property Subtype | Apartment |
| No. Units | 63 | Apartment Style | Mid-Rise |
| Min. Divisible | 1,129 SF | Building Size | 75,000 SF |
| Property Type | Multifamily | Year Built | 2011 |
| Total Space Available | 5,886 SF |
| No. Units | 63 |
| Min. Divisible | 1,129 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 75,000 SF |
| Year Built | 2011 |
ABOUT THE PROPERTY
This stunning new construction mixed-use retail is the ideal location for a restaurant, boutique retailer, office user, or cafe, along with many other potential tenants. 50% of the ground floor retail is currently occupied by Melt Yoga and Prima Med Spa. The building consists of 63 apartments, which is over 97% leased. 5,337 SF of retail space is available, which can be subdivided into various sizes. A parking lot consisting of 20 parking spots is available adjacent to this property, which is private and designated specifically for these retail units. Additional free street parking is available as well. This charming downtown area, along with an artistically pleasing fountain and Fox River waterfront backdrop, lends to a creative opportunity for boutique businesses. Local area tenants and restaurants include Port Edward Riverfront Restaurant, Bold Restaurant, Cucina Bella, and Texas Roadhouse.
