Building for Sale

Algonquin Business Center

1100 N. Main Street, Algonquin, IL

  • Price: $3,150,000
  • 7.5% CAP Rate
  • NOI $232,587
  • 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