Multi-Tenant Office
For Sale
Contact for pricing
3601 Algonquin Road, Rolling Meadows, IL 60008
Renovated office property with varied suite sizes, highway access, and professional services nearby.
Property Size141,795 SF
Price / SF$47.60
Days on Market21
Property Features for 3601 Algonquin Road
General Information
Standard status
Active
Size
141,795 SF
Class
B
Total Parking Spaces
500
Property subtype
Office
Zoning
B-2 (Special Use, PUD)
Occupancy
75%
Investment Type
Value Add
Net Operating Income
$716,811
Additional Details
Highway Access
Yes
Building Details
Year Built
1973
Year Renovated
1998
Buildings
1
Stories
10
Units
77
Tenancy
Multi
Listing Agency:
NAI Hiffman
(630) 317-0729
Listed By:
Adam Johnson · License #475123331
Source:
Crexi
Added: Aug 10
Changed: Aug 30
Last Checked: Aug 30 at 6:21PM
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 NAI Hiffman
Investment Insights
Based on property information with market context.
This 141,795-square-foot office building was constructed in 1973 and renovated in 1998. The property includes multiple office suites serving smaller occupants, with tenants averaging just over 1,900 square feet. Current occupancy is 75%, and the building is zoned B-2 (Special Use, PUD).
The property is positioned near Algonquin Road and New Wilke Road in Rolling Meadows, with access to I-90 and Rt. 53. The surrounding commercial area includes retail, dining, and professional services. On-site features include ample parking, maintained landscaping, and office layouts sized for businesses of varying requirements.
The property is positioned near Algonquin Road and New Wilke Road in Rolling Meadows, with access to I-90 and Rt. 53. The surrounding commercial area includes retail, dining, and professional services. On-site features include ample parking, maintained landscaping, and office layouts sized for businesses of varying requirements.
Key Highlights
- 141,795‑square‑foot office building
- Built in 1973; renovated in 1998
- 75% current occupancy
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,359
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Renovated office property with varied suite sizes, highway access, and professional services nearby.
Where is this office building located?
The property is located at 3601 Algonquin Road Rolling Meadows, IL.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 141,795‑square‑foot office building; Built in 1973; renovated in 1998; 75% current occupancy
