1100-1140 Algonquin Rd - Retail FOR SALE
Algonquin, IL 60102 |
$692,410 USD
847-204-7103
1100-1140 Algonquin Rd
Algonquin, IL 60102
HIGHLIGHTS
- Single-tenant medical office investment leased to Diamond Physical Therapy
- The investment offers attractive built-in income growth through scheduled contractual rent escalations throughout the lease term
- Strategically positioned along a highly trafficked commercial corridor in Algonquin, Illinois, the property benefits from excellent frontage
- The asset is located within Chicago’s growing northwest suburban market, an area characterized by steady population growth
FOR SALE DETAILS
PRICE
$692,410 USD
PRICE/SF
$156 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Diamond Physical Therapy
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,460 SF
ZONING
PUD
APN/PARCEL ID
19-34-279-009
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847-204-7103
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847-204-7103
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