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$795,000
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Property Description
This commercial property in Algonquin presents a compelling opportunity for a diverse range of business owners and investors, primarily due to its highly flexible floor plan and strategic location near key transportation routes. Flexible Floor Plan: A Key to Versatility The building's design, which allows for a potential division into two separate units, is a significant asset. This mirrored floor plan offers several advantages: Multiple Tenancy Options: An investor could lease the two units to separate businesses, potentially increasing rental income and diversifying their investment. Owner-Occupant Potential: A business owner could occupy one half of the building while leasing out the other. Adaptable for Growth: A single business can initially occupy the entire 6,750 square feet and later scale back to one unit if its needs change, providing an additional income stream. Strategic Location and Transportation Proximity to major transportation corridors is crucial for any industrial or warehouse operation. Algonquin's location offers excellent connectivity. Key transportation routes in the area likely provide significant logistical advantages for businesses reliant on efficient shipping and receiving. Easy access to main thoroughfares also benefits employees and clients traveling to the property. Property Highlights and Appeal Beyond its adaptability and location, the property boasts several features that enhance its value and appeal: Ideal Office-to-Warehouse Ratio: The combination of 2,070 square feet of office space and 4,700 square feet of warehouse space is a functional balance for many businesses that require both administrative and operational areas. Functional Warehouse Space: The 14-foot ceiling heights allow for ample vertical storage, maximizing the usable space. The inclusion of two 8' x 10.5' overhead doors at the trailer docks is essential for efficient loading and unloading. Professional Image: An all-brick exterior provides a durable and upscale appearance, creating a positive first impression for clients and customers. Employee-Friendly Amenities: The presence of separate private restrooms in both the office and warehouse areas is a thoughtful detail that contributes to a comfortable work environment. Meticulous Maintenance: The property is described as "extremely well maintained and clean," which suggests pride of ownership and potentially lower initial maintenance costs for a new owner. A review of the mentioned maintenance and upgrade list would likely further underscore the property's excellent condition. In summary, this commercial property's blend of a flexible and divisible floor plan, generous square footage, and key functional features makes it a standout opportunity in the Algonquin market for both end-users and investors.
Full Property Details
Full Property Details for 1350 Chase St
General
- Sold For: $795,000
- Taxes: $12,400 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12433330
- Added to Site: 308 day(s) ago
Interior
- Interior Features: Cranes, Accessible Entrance, Accessible Washroom/s, Heavy Floor Load, Overhead Door(s), Private Restroom(s), Public Restroom(s)
- Flooring: Concrete, Tile, Vinyl
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s)
Location
- Area: Algonquin
- County: McHenry
- Driving Directions: Pyott Road to Algonquin Road a/k/a Route 62, to Chase Street . Building is located on the East Corner of Chase and Cumberland Parkway
- Location Details: Northwest Suburban, Commercial Business Park, Corner, Industrial Area/Campus, Industrial Park
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Gas
Utilities
- Water: Well
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Concrete, Brick
- Exterior Const.: Concrete, Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Drive-In Doors: 2
- # Loading Docks: 2
- Loading: Exterior
- Sub-Flooring: Concrete, Tile, Vinyl
- Stories/Levels: 1
- Square Feet: 6,570
- Current Bldg. Use: Industrial
- Office: 6,570 Sq. Ft.
- Year Built: 1971
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,567
- Lot Dimensions: 137 x 192 x 73 x 118 x 204
- Frontage: City Street
- Potential Use: Commercial, Industrial, Office, Single Room Occupancy
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored, Fire Extinguisher/s
- Assessment Year: 1971
- Tax Amount: $12,400
- Tax Year: 2024
Disclosures and Reports
- Property ID: 1935326023
Listed by Cornerstone Realty Group, LLC
Sold by Cornerstone Realty Group, LLC
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Schools
Schools serving 1350 Chase St
School District:Community Unit School District 300
| Name | Grades | Distance |
|---|---|---|
Algonquin Lakes Elementary School 1401 Compton Drive, Algonquin, IL 60102 | K-5 | 0.7 mi |
Algonquin Middle School, Algonquin, IL 520 Longwood Drive, Algonquin, IL 60102 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1350 Chase St
Date
Details
Price
Change
Source
5/26/2026
Sold
$795,000
-3.64%
MLS
7/31/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1350 Chase Street, Algonquin, IL 60102 (MLS# 12433330) is a Commercial property that was sold at $795,000 on May 26, 2026. Want to learn more about 1350 Chase Street? Do you have questions about finding other Commercial real estate for sale in Algonquin? You can browse all Algonquin real estate or contact a Coldwell Banker agent to request more information.

