1301 W Algonquin Rd - Retail FOR SALE
Algonquin, IL 60102 |
$3,139,393 USD
512-430-4466
1301 W Algonquin Rd
Algonquin, IL 60102
HIGHLIGHTS
- This Walgreens is strategically positioned in Algonquin, IL, an affluent suburb within the Chicago MSA, located just ±20 miles from Walgreens’ corpora
- The roof was replaced in October 2021 and is backed by a full 20-year warranty, significantly reducing both near- and long-term maintenance risk for
- Walgreens has demonstrated long-term commitment to this location by exercising two renewal options without any concessions, reinforcing the site’s sta
- In June 2024, all ten parking lot light poles and fixtures were replaced—improving curb appeal, enhancing nighttime visibility, and reducing future ma
- This Walgreens serves the high-income community of Algonquin in Chicago’s northwest suburbs,
- Strategically located at a signalized intersection with visibility to over ±44,000 vehicles per day, this Walgreens benefits from exceptional exposure
FOR SALE DETAILS
PRICE
$3,139,393 USD
PRICE/SF
$226 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
WALGREENS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
19-28-180-002
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512-430-4466
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512-430-4466
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