Retail Space with Fitness
For Sale
Contact for pricing
1518 Algonquin Rd, Palatine, IL 60067
Flexible commercial space includes multiple restrooms, showers, and kitchen improvements within Harper Plaza.
Property Size4,000 SF
Days on Market141
Property Features for 1518 Algonquin Rd
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail
Listing Agency:
7 Hill Real Estate
(773) 983-8552
Listed By:
Emin Tuluce · License #IL 471013284
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 9:21PM
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 7 Hill Real Estate
Investment Insights
Based on property information with market context.
This retail space offers 1,000–4,000 square feet within Harper Plaza. The suite was previously used for gym and fitness operations and includes 4 bathrooms and 2 showers. A fully equipped kitchen, modern facilities, and newer construction add to the existing improvements.
The property sits along Algonquin Road near Harper College, with reported daily traffic of 30,400 vehicles on Algonquin Road and 32,900 vehicles on Roselle Road. Harper College has almost 24,000 enrolled students, and the surrounding service area includes Palatine, Schaumburg, and Hoffman Estates. The location also provides access to the I-90 corridor and the broader business activity described for Harper Plaza.
The property sits along Algonquin Road near Harper College, with reported daily traffic of 30,400 vehicles on Algonquin Road and 32,900 vehicles on Roselle Road. Harper College has almost 24,000 enrolled students, and the surrounding service area includes Palatine, Schaumburg, and Hoffman Estates. The location also provides access to the I-90 corridor and the broader business activity described for Harper Plaza.
Key Highlights
- 1,000–4,000 SF retail space in Harper Plaza
- Former gym and fitness use
- 4 bathrooms and 2 showers
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Dining 3%
BP
Shops & Services
24,055 visits/mo
0.2 miles
SUBWAY
Dining
673 visits/mo
0.4 miles
Demographics for 60067, IL
39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial space includes multiple restrooms, showers, and kitchen improvements within Harper Plaza.
Where is this retail space located?
The property is located at 1518 Algonquin Rd Palatine, IL.
What are key features of this property?
This property features: 1,000–4,000 SF retail space in Harper Plaza; Former gym and fitness use; 4 bathrooms and 2 showers
