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Local Business

Commercial building in Algonquin goes to auction

A 30,454-square-foot commercial building in Algonquin headed to auction later this month.
A 30,454-square-foot commercial building in Algonquin headed to auction later this month.

ALGONQUIN – A 30,454-square-foot building in Algonquin is headed to auction.

The property is one of more than 90 listings in an online auction Nov. 24-26 hosted by SVN AuctionWorks. The auction includes office, medical office, industrial, retail, mixed-use, single-family, multi-family and vacant land, according to a news release.

The bank-owned property at 1600 E. Algonquin Road could be used for retail, office or warehouse space. Built in 2001, it contains a large showroom with a small warehouse area and two loading docks. It can be subdivided into eight units. The minimum bid is $1.43 million, according to the release.

The auction also includes three adjacent riverfront properties in downtown West Dundee and commercial lots in Mundelein, Port Barrington, Yorkville, Blue Island and Crestwood, among others.

For information, visit www.svnauctionworks.com.

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