270-296 Cary Algonquin Avenue Cary, IL $ 1,650,000
270-296 Cary Algonquin Avenue
$ 1,650,000
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270-296 Cary Algonquin Avenue

Cary, IL, 60013
$ 1,650,000
Bedrooms-- Baths-- Sq 8,320

Monthly Estimate*

$ 10,159

270-296 Cary Algonquin Avenue, Cary, IL 60013 - Image 1
270-296 Cary Algonquin Avenue, Cary, IL 60013 - Image 2
270-296 Cary Algonquin Avenue, Cary, IL 60013 - Image 3
270-296 Cary Algonquin Avenue, Cary, IL 60013 - Image 4
270-296 Cary Algonquin Avenue, Cary, IL 60013 - Image 5

Commercial Property for sale in Cary, IL

for $1,650,000. This 8,320 square foot building was built in 1994 on a lot size of 0.86972.

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.

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Commercial Active

Price

$ 1,650,000

Property Type

Commercial

Taxes

$ 21,564

Style

Lot Size

0.86972

Year Built

1994

Town/City

Cary

County/Region

McHenry

MLS | Web ID

12336718

Features
General
Cooling Central Individual
Roof Composition
Zoning COMMR
Construction Materials Brick
Year Built 1994
Electric Circuit Breakers
Stories Count 1
Property Subtype Shopping Center
Tax Year 2023
Gross Income 150600
County McHenry
Net Operating Income 108918
Property Type Commercial Sale Retail/Stores
Status Active
Directions Northwest Highway to Main St. Head South to location on Cary Algonquin Rd.
City Cary
MLS Area Cary / Oakwood Hills / Trout Valley
Lot Size Square Feet 37885
Tax Annual Amount 21564
Additional Parcels Y/N N
Leasable Area 2500
Standard Status Active
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Exterior
Building Area Total 8320
Lot Dimensions .87
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* Excluded Features
List By
Century 21 Utmost

Broker

graceryu4989@gmail.com

Email

Affordability Calculator

$11,956
Per Month
85%
15%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
$1,797
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2025$1,650,000 Listed Price

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270-296 Cary Algonquin Avenue, Cary, IL, 60013 is a Commercial Property for sale at $1,650,000 with 8,320 sqft and a lot size of 0.86972. 270-296 Cary Algonquin Avenue was built in 1994. The property's zip code is 60013 which is in Cary, IL