1 N Main St
Algonquin, IL 60102

This stunning new construction mixed-use multi-family is the ideal location for a boutique retailer, office user, salon/spa or cafe, along with many other potential tenants. The building consists of 63 apartments, 60 of which are leased (97%). 10,957 SF of retail space is available, which can be subdivided into various different sizes. A parking lot consisting of 24 parking spots is available adjacent to this property, which is private and designated specifically for these retail units. Additional free street parking is available as well. Employee garage parking is available as well. This charming downtown area, along with an artistically pleasing fountain and Fox River waterfront backdrop, lends to a creative opportunity for boutique businesses. Local area tenants and restaurants include Port Edward Riverfront Restaurant, Bold Restaurant, Cucina Bella and Texas Roadhouse. This property is located in the heart of Algonquin, in the downtown district. Located at the intersection of IL Route 31 (Main Street) and IL Route 62 (Algonquin Road), this strategically placed property along the Fox River provides for easy access, and is known as a landmark at the cornerstone roads of this Village. Algonquin is a town in McHenry and Kane Counties, located approx. 40 miles northwest of the Chicago Loop. Major roadways include IL Route 62 (Algonquin Road), Lake Cook Road and Randall Road. The village continues to see considerable residential and business growth, has a population of just over 30,000 people, and the average household income is just under $100,000. Algonquin has experienced tremendous economic growth over the past few years, and continues to expand.