Free Standing Commercial Building
2450 W. Algonquin Road, Lake in the Hills, Illinois 60156
Sold: $1,100,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
4,566 sqft
Land Size
0.59 acres
Sewer
city
Water
city
Zoning
B3
Electric
600 amp
Year Built
2004
Parking
common
Property Description
FREE STANDING COMMERCIAL BLDG.
4,566 SF freestanding masonry single story commercial building at McHenry County’s busiest intersection (Randall Road & Algonquin Road) with a combined daily traffic count of 71,100 vpd. Pace bus stop in front on Randall Road.
Former Bank of America branch with covered drive-thru area that can be reclaimed for more parking or revamped for a fast food drive-thru. Limited access makes this ideal for destination retailer or a cannabis user with its vault still in tact.
8/29/23 MAI appraisal on file.
SBA financing available with as little as 10% down. Seller is McHenry County (no real estate taxes currently).