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    1500-1534 E Algonquin Rd Mount Prospect, IL 60056

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    For Lease
    $11 SF/Yr ($2,904 /Mo)

    Smaller units with private truck docks and retail exposure.

    Property size:
    3,168 SF
    Lot size:
    2.73 Acres

    Property Features for 1500-1534 E Algonquin Rd

    General Information

    Size
    3,168 SF
    Lot size
    2.73 Acres

    Source: Brown Commercial Group Agent Mason Hezner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mount Prospect Warehouse with Docks

    This property offers smaller units with private truck docks. It provides retail exposure while maintaining industrial rates. The property is suitable for warehouse, industrial, and distribution purposes. The available units have a size of 3168 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Yard space, Padlock Limited, simple moving, Rite Storage, Cardone Record Services Inc

    Location Insight

    • Map
    • Local Demand
    City
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.957144
    Latitude
    42.034496

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    FAQs

    What type of property is this?
    Warehouse - Smaller units with private truck docks and retail exposure.
    Where is this warehouse located?
    The property is located at 1500-1534 E Algonquin Rd Mount Prospect, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Private truck docks; - Retail exposure; - Industrial rates
    (847) 758-9200
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    1500-1534 E Algonquin Rd Mount Prospect, IL 60056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500-1534 E Algonquin Rd Mount Prospect, IL 60056
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