For Lease
$20 SF/Yr
1501 W Algonquin Road, Rolling Meadows, IL 60008
Drive through restaurants
Space SizeContact for details
Days on Market297
Property Features for 1501 W Algonquin Road
General Information
Standard status
Active
Property subtype
Commercial
Amenities
Central air
Central Air Cooling
Building Details
Year Built
2005
Listing Agency:
BROOKLINE REAL ESTATE LLC
(630) 590-5910
Listed By:
MICHAEL ASFOUR
Source:
Corcoran
Added: Oct 28, 2025
Changed: Aug 20
Last Checked: Aug 20 at 6:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BROOKLINE REAL ESTATE LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Freestanding 2nd Gen Restaurant w/ Drive‑Thru (Former Steak 'n Shake)
- Shadow‑Anchored by Walmart (159k Visits/Month)
- Located in a heavy trade intersection including Meijer, Lowe's, Walmart, Raising Cane's, Cooper's Hawk, Portillo's, and other national retailers
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
Explore this area
Business Placement
Demographics for 60008, IL
22,760
Population
9,282
Households
2.5
Avg Household Size
40
Median Age
39%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,463
Density / Sq Mi
$96,213
Median Household Income
$47,405
Median Earnings
$1,561
Median Rent
$295,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
Where is this drive through restaurant located?
The property is located at 1501 W Algonquin Road Rolling Meadows, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Freestanding 2nd Gen Restaurant w/ Drive‑Thru (Former Steak 'n Shake); Shadow‑Anchored by Walmart (159k Visits/Month); Located in a heavy trade intersection including Meijer, Lowe's, Walmart, Raising Cane's, Cooper's Hawk, Portillo's, and other national retailers
