501–515 E. Algonquin Road, Algonquin, IL 60102 For Lease

The subject property is a 11,000 SF retail building located directly on Algonquin Road (IL Route 62), just 3 blocks east of the downtown district and the Fox River, and at the lighted intersection of Algonquin Road and Eastgate Drive. Located across from McDonald’s and just before the River, this is an extremely convenient center or local residents and traffic, particularly traffic heading west during rush hour.

The property features 1 available unit, a former in-home care services provider. Additional co-tenants include a Active HomeCare, DosBros Mexican restaurant, nail salon, State Farm Insurance, laundromat, vape store and Coldwell Banker (owned separately).

The property is located 3 blocks East of the downtown Algonquin district. Located at the intersection of Eastgate Drive and Algonquin Road, this strategically placed retail center provides or easy access to all surrounding residential neighborhoods. Located adjacent to high traffic drawers: St. Margaret Mary’s Catholic School, The Pointe at Eastgate Senior Living and Algonquin Public Library.

Algonquin is in McHenry and Kane Counties, located 40 miles northwest of the Chicago Loop. Major roadways include IL Route 62 (Algonquin Road), IL Route 31 (Main Street) Lake Cook Road and Randall Road. The village has a population of just over 30,000 people, and the average household income is just over $100,000. Algonquin has experienced tremendous economic growth over the past few years.