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33340889
31535353

3711 Algonquin Rd, Algonquin, IL 60102 For Sale

DM
IL 471.022973
Wisdom Capital Group
Listed by Wisdom Capital Group
$1,300,000
102 days on market
Updated 43 days ago

Seasonal Landscape Solutions

Details
APN 1825400031
Property Type Mixed Use
Sub Type Mixed use
Square Footage 3,242
Price per SqFt $401
Class C
Year Built 1930
Buildings 5
Acreage 4.780
Zoning Commercial

Mixed Use | 3,242 SqFt

Marketing description

We are pleased to present this 4.78 acre mixed-use property strategically located at 3711 Algonquin Road in Algonquin, Illinois. This dynamic asset combines retail, office, and residential components in a live-work-play environment that captures

diverse revenue streams and appeals to a broad tenant base.

Investment highlights

  • The immediate trade area features strong household incomes, a young, educated demographic profile, and consumer spending patterns that support ground-floor commercial tenancy.
  • The acquisition price per square foot is well below the replacement cost of comparable new mixed-use construction, providing inherent downside protection.
  • Value-add opportunities exist through residential unit renovation, commercial tenant upgrade, and implementation of ancillary income programs to increase total effective revenue.

Listing Contacts

DM
IL 471.022973
Wisdom Capital Group
Listed by Wisdom Capital Group

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Additional Information

Name
David Mikrut
License
471.022973
Brokerage
Wisdom Capital Group
Brokerage Phone
262-745-0613
Title
Broker
Brokerage Address
20 North Wacker Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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