- For Sale $1,300,000
- Property Type Other
- Property Size 2,056 SF
- Lot Size 4.78 Acre
- Zoning Commercial
- Year Built 1930
- Date Updated Nov 6, 2026
Description
We are pleased to present this 4.78 acre mixed-use property strategically located at 3711 Algonquin Road in Algonquin, Illinois. This dynamic asset combines retail, office, and residential components in a live-work-play environment that captures diverse revenue streams and appeals to a broad tenant base.
Highlights
- The property's location within a designated high-density zoning district enables vertical mixed-use development that maximizes the site's economic potential.
- The acquisition price per square foot is well below the replacement cost of comparable new mixed-use construction, providing inherent downside protection.
- The immediate trade area features strong household incomes, a young, educated demographic profile, and consumer spending patterns that support ground-floor commercial tenancy.
- Value-add opportunities exist through residential unit renovation, commercial tenant upgrade, and implementation of ancillary income programs to increase total effective revenue.
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Contacts
Bob Wisdom
Wisdom Capital Group
David Mikrut
Wisdom Capital Group
Location
Located at 3711 Algonquin Road, Algonquin, IL 60102, this property is part of the Algonquin neighborhood and Chicago market.
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