2040 E Algonquin Rd, Algonquin, IL, 60102

2040 E Algonquin Rd Algonquin, IL 60102

2040 E Algonquin Rd, Algonquin, IL, 60102
2040 E Algonquin Rd, Algonquin, IL, 60102 2040 E Algonquin Rd, Algonquin, IL, 60102 2040 E Algonquin Rd, Algonquin, IL, 60102
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Mar 04, 2024

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Highlights

  • • Building Size: +/- 10,900 SF
  • • Site Size: 1.17 Acres
  • • +/- 80% Showroom
  • • +/- 20% Warehouse
  • • Rental Rate: STO
  • • Sprinklers: Wet System
  • • Car Parking: 17 spaces (expandable)
  • • Year Built: 1988
  • • Located 5 minutes from Downtown Algonquin
  • • Great visibility on Algonquin Rd.
  • • 33,000 vehicles/day
  • • B-1 Zoning permits a wide variety of
  • Retail uses
  • • 1,000 SF storage facility also available

Description

Discover the ideal location for your retail or showroom business at 2040 E. Algonquin Rd. This prime property, covering approximately 10,900 square feet on a 1.17-acre site, offers a mix of around 80% showroom space and 20% warehouse space, catering to a variety of business needs. With a competitive rental rate (STO), this space is designed to support your business's growth and flexibility.

Located in Algonquin, IL, the area offers a blend of small-town charm and modern amenities. Nearby, Algonquin Commons and Spring Hill Mall provide diverse shopping and dining options, while the Fox River and local parks offer recreational opportunities. With a growing population and strong consumer base, this thriving area presents an exciting opportunity for retail businesses.


Year Built: 1988
Building Size: 10900sq ft
Lot Size: 1.17 acres

Units for Lease

2040 E Algonquin Rd
Space Available: 10900 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $9.50

Map of 2040 E Algonquin Rd, Algonquin, IL, 60102

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.