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Class A Medical Office Space
For Lease
Contact for pricing

155 E Algonquin Road, Arlington Heights, IL 60005

Adaptable medical office space with high visibility and convenient location.

Space Size23,000 SF - 37,000 SF
Property Size152,000 SF
Days on Market202

Property Features for 155 E Algonquin Road

General Information

Standard status Active
Size 23,000 SF - 37,000 SF
Class A
Property subtype Office

Building Details

Building Size 152,000 SF
Year Built 1982

Spaces For Lease

at 155 E Algonquin Road Contact us

Fifth Floor

Size
27,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

First Floor

Size
23,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Fourth Floor

Size
29,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Second Floor

Size
37,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Third Floor

Size
36,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Bradford Allen Realty Services Oak Brook
Listed By: Joel Berger · License #475122018
Source: Tcnworldwide
Added: Jan 27 Changed: Aug 14 Last Checked: Aug 17 at 5:58AM

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 Bradford Allen Realty Services Oak Brook

Investment Insights

Based on property information with market context.

Available for lease is up to 150,000 square feet of space, adaptable to Class A Medical Office Building standards. The property benefits from high visibility, with over 150,000 vehicles passing by daily. Its location provides convenient access, situated just off the Northwest Tollway at the Arlington Heights Road exit and within minutes of O'Hare International Airport.

Key Highlights

  • High visibility location with over 150,000 vehicles passing daily.
  • Up to 150,000 SF of available space.
  • To be adapted to Class A MOB (Medical Office Building) Standard.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Pharmacy Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60005, IL

30,221
Population
13,511
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
94%
High-School Grad
6.6 sq mi
ZIP Area
4,579
Density / Sq Mi
$100,304
Median Household Income
$62,323
Median Earnings
$1,621
Median Rent
$376,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Adaptable medical office space with high visibility and convenient location.
Where is this medical office space located?
The property is located at 155 E Algonquin Road Arlington Heights, IL.
What are key features of this property?
This property features: High visibility location with over 150,000 vehicles passing daily.; Up to 150,000 SF of available space.; To be adapted to Class A MOB (Medical Office Building) Standard.
More about this property
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