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    1301 E Algonquin Rd Schaumburg, IL 60173

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    For Lease
    Contact for pricing

    225-acre divisible redevelopment site with I-90 visibility.

    Property size:
    360,026 SF
    Lot size:
    45.25 Acres

    Property Features for 1301 E Algonquin Rd

    General Information

    Size
    360,026 SF
    Lot size
    45.25 Acres

    Source: Colliers | Chicago Rosemont Agent Jason Simon

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

    Overview

    Redevelopment Opportunity Near I-90

    This property presents a 225-acre redevelopment opportunity that is divisible. The location offers visibility along I-90 and major access to transportation via the new two-way Meacham and I-90 interchange, as well as a four-way interchange at Algonquin and 53. Features include underground executive parking, a large conference or training facility, a large food service operation, a Starbucks, and a WiFi lounge. The property is suitable for office buildings, office properties and spaces, coffee shops, restaurants, and retail properties. The property size is 360026 square feet.
    Location Intelligence

    Current Use by Public Records

    Joyce Floor Care Carpet Cleaning Service Champion Architects Architect

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0523146
    Latitude
    42.0623083

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    FAQs

    What type of property is this?
    Office building - 225-acre divisible redevelopment site with I-90 visibility.
    Where is this office building located?
    The property is located at 1301 E Algonquin Rd Schaumburg, IL.
    What are key features of this property?
    This property features: - 225-acre redevelopment opportunity (divisible); - Excellent location with visibility along I-90; - Major access to transportation at new two-way Meacham and I-90 interchange
    (312) 259-8207
    Request Owner's contact information
    1301 E Algonquin Rd Schaumburg, IL 60173
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    Schaumburg, IL 60173
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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
    1301 E Algonquin Rd Schaumburg, IL 60173
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