9550 S State Route 31 - Storefront Retail/Office FOR SALE


Algonquin, IL 60013
$339,000 USD
847-525-2282
9550 S State Route 31, Algonquin, IL for Sale
$339,000 USD
Storefront Retail/Office - FOR SALE
1/23
null | Request Cap Rate

9550 S State Route 31
Algonquin, IL 60013


HIGHLIGHTS

  • Building can be Residential or Commercial Tenant
  • 3 car detached heated garage with plumbing
  • Front is on IL Highway 31

OVERVIEW

Prime Light Industrial Property on High-Traffic Route - Exceptional Investment Opportunity Located at 9550 S IL Rte 31, this Light Industrial zoned property offers outstanding commercial potential with over 30,000 vehicles passing by daily. The property features a well-maintained 3-bedroom, 2-bathroom residence with modernized kitchen and baths, along with a detached 3-car heated garage that has a half bathroom. An extra storage trailer that is 20 -22 ft long. A fenced yard ensures privacy and security, while utilities include a water softener with a shared well. The versatile zoning allows for a broad range of commercial applications, including B-1 Limited Retail, B-2 Breweries, Wineries, Distilleries, Tasting Rooms, Ceramics Studios, Building Materials, Tools & Hardware Stores, Municipal Buildings, Rug Cleaning Services, and Therapy & Massage Therapy businesses. Adjacent office space located next door at 9560 is also available for purchase, offering an excellent opportunity to expand your investment portfolio or business operations. Don't miss out on this unique property with immense potential and versatility. Please note 9560 S IL Rte 31, Algonquin (commercial property next door) is for sale by same owner at same time.

FOR SALE DETAILS

PRICE

$339,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

9550 S IL Rte 31

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Day Care Center, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,207 SF

ZONING

L1

APN/PARCEL ID

19-22-252-036

ASK ABOUT THIS PROPERTY

Dawn BravoCompass Real EstateMore Info
847-525-2282

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Dawn BravoCompass Real EstateMore Info
847-525-2282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.