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