Share This Listing

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1409-1419 Commerce Dr
Algonquin, IL 60102
 County Line Center · Retail Property For Sale

Retail Spaces Illinois Algonquin 1409-1419 Commerce Dr, Algonquin, IL 60102

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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 Under Contract

Sale Type
Investment
Property Type
Retail
Building Size
6,020 SF
Building Class
B
Year Built
2008
Price
$1,575,166 CAD
Price Per SF
$261.66 CAD
Cap Rate
8.73%
NOI
$137,552 CAD
Percent Leased
93%
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)
Frontage
152’ on Commerce Drive

Amenities

  • Signage

Links

Property Taxes

Parcel Number 19-32-351-010 Improvements Assessment $361,795 CAD
Land Assessment $108,863 CAD Total Assessment $470,658 CAD

Property Taxes

Parcel Number
19-32-351-010
Land Assessment
$108,863 CAD
Improvements Assessment
$361,795 CAD
Total Assessment
$470,658 CAD
 

  • Listing ID: 38227668

  • Date on Market: 2025-10-27

  • Last Updated:

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

The Retail Property at 1409-1419 Commerce Dr, Algonquin, IL 60102 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
1409-1419 Commerce Dr, Algonquin, IL for sale Building Photo- Image 1 of 5
LoopNet-0001 Web Photo County Line Center_loopnet(with logo)
1409-1419 Commerce Dr, Algonquin, IL for sale Building Photo- Image 2 of 5
LoopNet-0002 Web Photo County Line Center_loopnet(with logo)
1409-1419 Commerce Dr, Algonquin, IL for sale Building Photo- Image 3 of 5
LoopNet-0003 Web Photo County Line Center_loopnet(with logo)
1409-1419 Commerce Dr, Algonquin, IL for sale Building Photo- Image 4 of 5
LoopNet-County Line Center - Maps@4x_loopnet(with logo)
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.