Building for Sale

Algonquin Business Center

1100 N. Main Street, Algonquin, IL

• Price: $2,900,000
• 7.41% CAP Rate
• NOI $214,841
• Seller may stay as tenant
• 20,578 Sq. Ft.
• Low CAM and real estate taxes of $5.90/Sq. Ft.

• Stabilized – Many long-term tenants
• Highly visible on State Highway 31 and Main Street
• Each unit is separately metered for utilities
• $130,000 remodel in 2019
• Lots of parking in the front and rear of building
• Fiber optic cable to building