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1301 E Algonquin Rd
Algonquin, IL 60102
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This Walgreens is strategically positioned in Algonquin, IL, an affluent suburb within the Chicago MSA, located just ±20 miles from Walgreens’ corpora
- Walgreens has demonstrated long-term commitment to this location by exercising two renewal options without any concessions, reinforcing the site’s sta
- The roof was replaced in October 2021 and is backed by a full 20-year warranty, significantly reducing both near- and long-term maintenance risk for f
- In June 2024, all ten parking lot light poles and fixtures were replaced—improving curb appeal, enhancing nighttime visibility, and reducing future ma
EXECUTIVE SUMMARY
Broker of Record
Matthew M. Fitzgerald
License # 478027547 (IL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthew M. Fitzgerald
License # 478027547 (IL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,905 SF
Year Built
1999
Price
$3,992,629 CAD
Price Per SF
$287.14 CAD
Cap Rate
9%
NOI
$359,337 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.01 AC
Frontage
152’ on East Algonquin Road
AMENITIES
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 19-35-303-002 | Improvements Assessment | $427,515 CAD |
| Land Assessment | $310,660 CAD | Total Assessment | $738,175 CAD |
PROPERTY TAXES
Parcel Number
19-35-303-002
Land Assessment
$310,660 CAD
Improvements Assessment
$427,515 CAD
Total Assessment
$738,175 CAD
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