🏢 Prime Commercial Opportunity at McHenry County's Busiest Intersection!

Unlock the potential of this free-standing commercial building strategically located at the signalized intersection of Randall Road and Algonquin Road in McHenry County. With an impressive daily traffic count exceeding 71,000 vehicles, this property boasts unparalleled visibility and accessibility.

🌟 Investment Highlights:

• Signalized Intersection: Positioned at McHenry County's busiest intersection, ensuring maximum exposure and footfall with over 71,000 vehicles passing by daily.

🏬 Property Overview:

• Type: Retail (Former Bank)
• Size: 4,566 square feet
• Class: C
• Year Built: 2004
• Price: $1,280,000
• Price Per Square Foot: $280
• Tenancy: Single
• Building Height: 1 Story
• Land Size: 0.59 acres
• Parking: 15 Spaces (3.29 Spaces per 1,000 SF Leased)
• Zoning: B3
• Frontage: 162 feet on Algonquin Rd

🏆 Key Features:

• Former Bank of America Branch: Leverage the advantages of a former bank setup, complete with a covered drive-thru area that can be repurposed for additional parking or transformed into a fast-food drive-thru.

• Ideal for Cannabis Use: Limited access makes it an ideal location for a cannabis retailer, with the added benefit of a still-intact vault.

• Appraisal: An MAI appraisal from 8/29/23 is on file, providing a comprehensive understanding of the property's value.

• Financing Options: SBA financing is available with as little as 10% down, offering a feasible opportunity for aspiring investors.

📝 Additional Details:

• Pylon Sign: Benefit from dedicated signage for heightened visibility.
• Pace Bus Stop: A Pace bus stop in front on Randall Road enhances accessibility.

Listing # 4033