$1,650,000

270-296 Cary Algonquin Avenue, Cary IL, 60013

Price per sqft$198.32

Built in1994

Property size8,320 sqft

Property typeCommercial

Listed by Grace Ryu with Century 21 Utmost 847-777-1155

Overview

Active

Listed Apr 12, 2025

Updated May 29

Welcome to the fully leased retail strip center! Cary Oaks Plaza, located at 270-296 Cary Algonquin Road in Cary, Illinois, is a neighborhood strip mall anchored by a 7-Eleven convenience store. Constructed in 1994, the plaza encompasses approximately 8,320 square feet and sits on a 0.864-acre lot. The center offers multiple retail spaces, including a 900-square-foot suite and a 1,620-square-foot end-cap unit featuring a rare drive-thru window. These spaces are suitable for various uses such as retail, medical, personal care, boutique fitness, and office operations. The location benefits from significant foot traffic and visibility, with nearly 13,000 vehicles passing by daily. Adjacent to a large residential development, Cary Oaks Plaza provides ample parking with 42 surface spaces. The property has undergone recent upgrades. Notable tenants include a 7-Eleven convenience store. The plaza's strategic location and diverse tenant mix make it a central hub for the surrounding community. The Plaza's low maintenance, stable income stream, and growth potential make it an excellent fit for investors seeking reliable returns and long-term appreciation.

Additional information

MLS^® ID: 12336718

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.87 Acres

Other Property Details

Taxes: $21,564
Tax Frequency: Annually

Listed by Grace Ryu with Century 21 Utmost 847-777-1155

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