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Phone: 786-465-5733

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Overview:

17 unit mixed use commercial and apartment building. 12 apartments and 5 retail/office units (7 apartments and 2 stores need renovations). Blocks to completely renovated downtown Algonquin. Good traffic and visibility for retail units. Secondary rear entrance and parking lot for apartment units accessed off Huntington Drive. Building has all newer windows and separate HVAC in stores. 3 grease traps, 3 triple basin sinks, 2 exhaust hoods, 5 hand sinks and 2 mop sinks belong to the building. 18 electric and 6 gas meters. Stores have GFA and central air. Apartments have boiler heat and 12 wall a/c units. Nice user/investor property or value add opportunity. Current owner would like to 1031 into farm. 2 vacant stores are available to lease at ($14 psf Modified Gross). Owner will consider period of free rent to offset renovation costs. Pre-qualified buyers only. No owner financing. Contact broker for rent roll and financials.

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MLS #: 11241544

Facts:

  • Type: House

  • Built in: 1967

  • APN: 1934152004

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$24.4K cash back*

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Score:

house-algonquin-for-sale-640-48 s main route 31 street, algonquin, il 60102-11608794

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Phone: 786-465-5733

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Phone: 786-465-5733