Renew on Main | New Construction Retail Condos in Downtown Algonquin

1 N. Main Street, Algonquin, IL 60102

  • For Lease $18.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 10,221 SF
  • Year Built 2011
  • Date Updated Feb 16, 2024
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.This stunning new construction mixed-use retail 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 stunning new construction mixed-use retail is the ideal location for a restaurant, boutique retailer, office user, or cafe, along with many other potential tenants. 50% of the ground floor retail is currently occupied by Melt Yoga and Prima Med Spa. The building consists of 63 apartments, which is over 97% leased. 5,337 SF of retail space is available, which can be subdivided into various sizes. A parking lot consisting of 20 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. 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.

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Highlights

  • Built-in Clientele with over 60 High-End Apartments Leased Immediately Above
  • Adjacent and Convenient Designated Parking Lot
  • Various Suite Sizes Available Ranging in Size from 1,591 SF to 5,337 SF
  • Located at a Lighted Intersection
  • Higher Income Area and Adjacent Neighborhoods
  • Ideal area for Boutique Businesses including Local Restaurants, Brewery, Winery/Shop, Salon/spa, Specialty Shops, Dry Cleaning, Entertainment (Painting, Pottery, etc), Ice Cream or Bakery
  • Outdoor Patio Space Available
  • Located Immediately on the Fox River Riverwalk
  • Highly Trafficked Corner with Two Major Area Roadways Intersecting at the Property (Rts 31 and 62)
  • Heavy Pedestrian Traffic in the Summer as the Riverwalk is the Hub for Algonquin Festivals and Summer Activities
  • New Ownership!
  • TI Packages Available: Units are Currently in Cold Shell Condition

Spaces Available

Contacts

broker

Olivia Czyzynski

SVN | Chicago Commercial

(312) 676-1862

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Algonquin, IL
  • Neighborhood Algonquin
  • Zip Code 60102
  • Market Chicago

Points of Interest

  • Cary

    3.86 miles

  • Fox River Grove

    4.25 miles

  • Pingree Road

    4.66 miles

  • Crystal Lake

    5.51 miles

  • Big Timber Road

    7.74 miles

  • Barrington

    8.26 miles

  • Elgin

    9.06 miles

  • National Street

    9.75 miles

  • Shell

    0.07 miles

  • BP

    0.34 miles

  • Mobil

    1.01 miles

  • Thorntons

    1.61 miles

  • Marathon

    1.65 miles

  • Phillips 66

    1.97 miles

  • Thorntons

    2.09 miles

  • Deisel Depot

    2.21 miles

  • Meijer

    2.32 miles

  • Tesla Supercharger

    2.37 miles

  • Algonquin Public Parking

    0.15 miles

  • MCTP Trailhead @ Towne Park

    0.28 miles

  • MCTP trailhead @ Harrison Street

    0.29 miles

  • Saint Margaret Mary School Parking

    0.34 miles

  • MCTP trailhead @ Meyer Drive

    0.63 miles

  • Park parking

    0.94 miles

  • Visitor Parking

    1.16 miles

  • Algonquin Lakes Trailhead

    1.35 miles

  • Braewood Park

    1.39 miles

  • Echo Hill Park parking

    1.58 miles

  • Port Edward Seafood Restaurant

    0.03 miles

  • Texan BBQ

    0.06 miles

  • Bold American Fare

    0.08 miles

  • Black Bear Bistro

    0.10 miles

  • Bullseye Pub & Eatery

    0.11 miles

  • Buena Vista Restaurant

    0.15 miles

  • Cattleman's Restaurant

    0.15 miles

  • Bella's Short Stack

    0.16 miles

  • Cucina Bella

    0.18 miles

  • Donkey Bar and Grill

    0.33 miles

  • Rosemart Deli

    0.39 miles

  • Jewel-Osco

    1.02 miles

  • Jewel-Osco

    2.23 miles

  • Deli 4 You

    2.35 miles

  • ALDI

    2.42 miles

  • Meijer

    2.44 miles

  • Butera

    2.48 miles

  • Kohl's

    2.49 miles

  • Target

    2.50 miles

  • JCPenney

    2.53 miles

Frequently Asked Questions

How much does retail space at 1 N. Main Street cost?

The asking price for retail space at 1 N. Main Street is $18.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 1 N. Main Street?

The property has 5,337 square feet of rentable Street Retail space. Rental opportunities here are available under Full Service lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 1 N. Main Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1 N. Main Street. You can find 4 parking option(s) and 2 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 1 N. Main Street.

Is 1 N. Main Street located in a popular area for retail businesses?

The property is part of Algonquin.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Olivia Czyzynski

SVN | Chicago Commercial

(312) 676-1862

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