Share This Listing

Message

913 characters remaining

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

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

PRIME RETAIL CENTER ALONG MAJOR SHOPPING CORRIDOR, BUILT IN 2005. HIGH TRAFFIC COUNTS, EXCELLENT VISIBILITY, AMPLE PARKING AND MULTIPLE ACCESS. ILLUMINATED LED SIGNAGE. QUALITY DEMOGRAPHICS. CURRENT TENANTS INCLUDE ILLINOIS BONE & JOINT, ALLSTATE INSURANCE, CODE NINJAS AND CD PRICE ONE CLEANERS. MANY LONGER TERM TENANTS. CAP RATE 6.03. SHORT WALK TO RANDALL ROAD.
RENT ROLL AVAILABLE W/ NON-DISCLOSURE AGREEMENT.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
28,361 SF
Building Class
B
Year Built
2005
Price
$7,551,995 CAD
Price Per SF
$266.28 CAD
Cap Rate
6.03%
NOI
$455,586 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
3.51 AC
Zoning
B-2
Parking
158 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
437’ on Algonquin Rd

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Educational Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Code Ninjas is a children's coding education franchise established in 2016 that offers after-school programs, camps, and workshops. The company was founded by David Graham in Pearland, Texas, and has since expanded internationally with hundreds of locations. Students learn programming languages through building video games in a dojo-style environment with a belt-ranking system. The curriculum focuses on developing problem-solving skills and STEM literacy for kids ages 5-14 through hands-on projects. Code Ninjas uses proprietary software and partners with tech companies to deliver its coding education programs.

  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Griffin Apparel is a online boutique that specialize in women apparel. The owners originate from Chicago, IL and have always been interested in fashion and the latest trends. We hand pick all items and purchase from reputable companies here in the United States. Shopping is a passion and a hobby so these things together inspired the opening of this online boutique. We take pride in customer satisfaction and making sure that all of our customers have the best possible online shopping experience. We personally want to thank everyone who patronize with us and want you to know that every order is very much appreciated!

  • Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

The Facial Bar provides amazing skincare treatments and expert beauty services at affordable prices. We’ve ditched the fuss of a typical spa and focus on a fun experience where you can relax and be pampered in a quick and practical way. The Facial Bar offers a modern twist on the classic facial treatment at half the time and a quarter of the price with all the skincare benefits.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Educational Services - - Lorem Ipsum Jan 0000
Retailer - - Lorem Ipsum Jan 0000
Services - - Lorem Ipsum Jan 0000

Nearby Major Retailers

Butera Market
McAlister's Deli
Mod Pizza
Cooper's Hawk Winery & Restaurants
Steak ‘n Shake
Pure Barre
Jewel-Osco
Huntington National Bank
BMO
Chase Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 19-30-405-001
  • 19-30-404-002
Land Assessment
$828,831 CAD
Improvements Assessment
$880,442 CAD
Total Assessment
$1,709,273 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 34730502

  • Date on Market: 2025-02-05

  • Last Updated:

  • Address: 2701-2797 W Algonquin Rd, Algonquin, IL 60102

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") }}