9560 South Illinois Rte 31

Algonquin, IL 60102

$345,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This exceptional office space offers incredible exposure with over 30,000 cars driving by daily, making it perfect for businesses looking to thrive. Zoned L-1 for Light Industrial, the property boasts endless potential and versatility, accommodating various uses such as B-1 Limited Retail, B-2 Breweries, Wineries, and Distilleries, Tasting Rooms, Ceramics Studios, Building Materials, Tools & Hardware Stores, Municipal Buildings, Rug Cleaning Services, and Therapy and Massage Therapy Offices. The...This exceptional office space offers incredible exposure with over 30,000 cars driving by daily, making it perfect for businesses looking to thrive. Zoned L-1 for Light Industrial, the property boasts endless potential and versatility, accommodating various uses such as B-1 Limited Retail, B-2 Breweries, Wineries, and Distilleries, Tasting Rooms, Ceramics Studios, Building Materials, Tools & Hardware Stores, Municipal Buildings, Rug Cleaning Services, and Therapy and Massage Therapy Offices. The property features 4 offices ideal for medical or therapy practices, and 2 conference rooms perfect for meetings and client consultations, along with a full bath with a shower for added convenience. Recent updates include a new roof and siding, ensuring durability and low maintenance. With 8 parking spaces available, there is ample parking for clients and employees. Additionally, the property shares a well and septic system with the adjacent residence, 9550 S IL Rte 31, which is also for sale, offering further potential for expansion or investment. Don't miss out on this prime opportunity to establish your business in a high-visibility location.

Listing Agent

  1. Dawn Bravo

    Dawn Bravo

    Listing Agent

    Compass

    dawn.bravo@compass.com

    P: (847)-525-2282

Property Details for 9560 South Illinois Rte 31

Area
Algonquin
Township
Algonquin
Zoning
COMMR
LISTING UPDATED: 10/29/2024 12:06 AM

Property Details for 9560 South Illinois Rte 31

StatusActive
MLS #12193873
Days on Market90
Taxes$4,487 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1960
Lot Size0.31 AC / 13,347 SF
CountyMcHenry County

Building Information for 9560 South Illinois Rte 31

Stories1Residences1Year Built1960Lot Size0.31 AC / 13,347 SF

Property Information for 9560 South Illinois Rte 31

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: State Road
  • Geographic Locale: Northwest Suburban
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Slate/Marble
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Well-Shared, Shared Septic Connected
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 115 X 116
  • Lot Size Square Feet: 13347.0
  • Stories: 1
  • Exterior Building Type: Vinyl Siding
  • Construction: Wood Frame
  • Roof Type: Composition
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 1690
  • # Of Offices: 5
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Industrial, Office and Research
  • Buyer Financing: Conventional, Owner May Help/Assist, Rent w/ Option, Cash, Negotiable
  • Docks: None
  • Public Document Count: 0
  • Photos Count: 19
Miscellaneous
  • Location: Corner,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Expense Year: 2023
  • Total Annual Expense Source: Broker Projection
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $8,500.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 9560 South Illinois Rte 31

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9560 South Illinois Rte 31

Taxable ValueLand$28,648Additions$27,401Total$56,049
Tax Record2023$4,486 ($374 / month)
Home Facts
Total Finished SqFt1,449 SqFtAbove Grade Finished SqFt1,449 SqFtStories1Lot Size13,347 SqFtStyleMiscellaneous CommercialYear Built1960CountyMCHENRYAPN19-22-252-014

Schools near 9560 South Illinois Rte 31

This home is within Community Unit School District 300.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Eastview Elementary School
PublicPK to 5

Algonquin Middle School
Public6 to 8

Dundee-Crown High School
Public9 to 12

DREAM Academy
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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9560 South Illinois Rte 31 is a mixed use property for sale in Algonquin, IL 60102. This property was listed for sale on October 22, 2024 by Compass, it's currently listed at $345,000. It has been on the market for a total of 90 days and was last sold on July 26, 2021. This listing's school district is Community Unit School District 300. Nearby schools include Eastview Elementary School, Algonquin Middle School and Dundee-Crown High School. 9560 South Illinois Rte 31 is a 0-bed, 0-bath, mixed use property built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/29/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.