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County Line Center 1409-1419 Commerce Dr 6,020 SF 90% Leased Retail Building Algonquin, IL 60102 $1,605,308 CAD ($266.66 CAD/SF) 8.73% Cap Rate

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INVESTMENT HIGHLIGHTS

  • The property boasts a 90.27% occupancy rate, reflecting strong tenant retention and consistent cash flow.
  • Situated in Algonquin, IL, part of the expansive Chicago MSA, the property benefits from access to a broad and affluent customer base.
  • Algonquin’s 2025 population stands at approximately 30,439, with a median household income of $131,753, indicating strong consumer purchasing power.
  • Comprising nine tenants across ±6,020 square feet, the center offers a diversified income stream, reducing reliance on any single occupant.
  • The center enjoys strategic positioning within a well-trafficked corridor of S Randall Road (±45,852 VPD) with proximity to major roadways.
  • The area has experienced steady population growth, with a 2.57% increase since 2020, suggesting a growing market for retail services.

EXECUTIVE SUMMARY

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
Building Size
6,020 SF
Building Class
B
Year Built
2008
Price
$1,605,308 CAD
Price Per SF
$266.66 CAD
Cap Rate
8.73%
NOI
$140,184 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.59 AC
Parking
24 Spaces (3.99 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • B
  • 140 SF
  • Retail
  • -
  • Now

- Spaces available start at 140 SF. Space B rent is $600/month gross - Gross rent includes utilities, internet, kitchenette, security system and high-level finishes - Just off Randall Road, behind BP Amoco & Dunkin’ Donuts - Join Salon 37 and Pure Dry Cleaners - Located across the street from Walmart on the east side of Randall Rd. - Area retailers include Best Buy, La-Z Boy, Walmart, TJ Maxx, JCPenney, Trader Joe’s and Nordstrom Rack

  • G&F
  • 280 SF
  • Retail
  • -
  • Now

- Spaces available start at 140 SF. Space G & F rent is $1200/month gross - Gross rent includes utilities, internet, kitchenette, security system and high-level finishes - Just off Randall Road, behind BP Amoco & Dunkin’ Donuts - Join Salon 37 and Pure Dry Cleaners - Located across the street from Walmart on the east side of Randall Rd. - Area retailers include Best Buy, La-Z Boy, Walmart, TJ Maxx, JCPenney, Trader Joe’s and Nordstrom Rack

Space Size Space Use Position Available
B 140 SF Retail - Now
G&F 280 SF Retail - Now

B

Size
140 SF
Space Use
Retail
Position
-
Available
Now

G&F

Size
280 SF
Space Use
Retail
Position
-
Available
Now

B

Size 140 SF
Space Use Retail
Position -
Available Now

- Spaces available start at 140 SF. Space B rent is $600/month gross - Gross rent includes utilities, internet, kitchenette, security system and high-level finishes - Just off Randall Road, behind BP Amoco & Dunkin’ Donuts - Join Salon 37 and Pure Dry Cleaners - Located across the street from Walmart on the east side of Randall Rd. - Area retailers include Best Buy, La-Z Boy, Walmart, TJ Maxx, JCPenney, Trader Joe’s and Nordstrom Rack

G&F

Size 280 SF
Space Use Retail
Position -
Available Now

- Spaces available start at 140 SF. Space G & F rent is $1200/month gross - Gross rent includes utilities, internet, kitchenette, security system and high-level finishes - Just off Randall Road, behind BP Amoco & Dunkin’ Donuts - Join Salon 37 and Pure Dry Cleaners - Located across the street from Walmart on the east side of Randall Rd. - Area retailers include Best Buy, La-Z Boy, Walmart, TJ Maxx, JCPenney, Trader Joe’s and Nordstrom Rack

NEARBY MAJOR RETAILERS

Chase Bank
PNC Bank
Polish & Slavic Federal Credit Union
LongHorn Steakhouse
First Watch
On The Border
Chili's Grill & Bar
Trader Joe's
Club Pilates
Goldfish Swim School

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-32-351-010
Land Assessment
$111,476 CAD
Improvements Assessment
$370,477 CAD
Total Assessment
$481,953 CAD
  • Listing ID: 38227668

  • Date on Market: 2025-10-27

  • Last Updated:

  • Address: 1409-1419 Commerce Dr, Algonquin, IL 60102

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