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2701 2799 Algonquin Rd , Algonquin, IL 60102

$5,500,000

29,000
sqft
2005
year built

FULLY LEASED. 6.03 CAP Rate. PRIME RETAIL CENTER ALONG MAJOR SHOPPING CORRIDOR, BUILT IN 2005. HIGH TRAFFIC COUNTS, EXCELLENT VISIBILITY, AMPLE PARKING AND MULTIPLE ACCESS. ILLUMINATED LED SIGNAGE. QUALITY DEMOGRAPICS. CURRENT TENANTS INCLUDE ILLINOIS BONE & JOINT, ALLSTATE INSURANCE, CODE NINJAS AND CD PRICE ONE CLEANERS. MANY LONGER TERM TENANTS. RENT ROLL AVAILABLE W/ NON-DISCLOSURE. OFFERING MEMORANDUM IN ADDITIONAL INFO.

Highlights

  • Commercial Sale
  • Retail
  • Built in 2005
  • 647 days on Market

  • Year Built
    2005
  • Stories
    1.0
  • Construction Materials
    Brick, Concrete, Synthetic Stucco, Glass
  • Foundation
    Concrete Perimeter
  • Cooling
    Central Air

  • Utilities
    Natural Gas Available, Sewer Connected


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Frequently Asked Questions

How do I schedule a tour of 2701 2799 Algonquin Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 2701 2799 Algonquin Rd.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 2701 2799 Algonquin Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $5,500,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Algonquin, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 2701 2799 Algonquin Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 2701 2799 Algonquin Rd at around $38,173. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 2701 2799 Algonquin Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in McHenry County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 2701 2799 Algonquin Rd?

In most cases, yes. Whether 2701 2799 Algonquin Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Algonquin's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 2701 2799 Algonquin Rd?

We can handle that for you. Our preferred local agent specializes in commercial sales in Algonquin and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $5,500,000 with 29,000 sqft of space—that comes out to approximately $190 per square foot.

How long has this property been on the market?

2701 2799 Algonquin Rd was listed on February 05, 2025, which means it's been on the market for 647 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2005, making it approximately 21 years old.

What are the property taxes for 2701 2799 Algonquin Rd?

The most recent public record shows annual property taxes for 2701 2799 Algonquin Rd were approximately $82,484. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 2701 2799 Algonquin Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 14, 2026 at 09:17PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12283548