Renew on Main | New Construction Retail Condos in Downtown Algonquin

For Lease

1 N. Main Street, Algonquin, IL 60102

You can currently find 3 retail space(s) available for lease at Renew on Main | New Construction Retail Condos in Downtown Algonquin. Designated use type for space listed here includes street retail. Current retail listings at this property total 5,337 square feet. Lease type options include Full Service. Expand the listing and property details below for additional information on leasing opportunities at Renew on Main | New Construction Retail Condos in Downtown Algonquin.

Space Available For Lease 3

Contacts

broker

Olivia Czyzynski

SVN | Chicago Commercial

(312) 676-1862

Property Details

  • 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

Getting around

  • 64/100

    Walk Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

1 N. Main Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Renew on Main | New Construction Retail Condos in Downtown Algonquin asks $18.00/SF/YR per square foot.

  • The property includes 5,337 square feet of retail space for lease. Of this total, 5,337 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include Full Service.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Olivia Czyzynski

SVN | Chicago Commercial

(312) 676-1862

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  2. 2Extra information