846-860 E Algonquin Rd, Schaumburg, IL 60173
12.64-acre site suitable for multifamily, retail, restaurant, or office redevelopment.
- Added:
- Feb 22, 2019
- Days on Market:
- 2663
- Last Refresh:
- May 20 at 8:11 pm
Property Features for 846-860 E Algonquin Rd
General Information
- Standard status
- Active
- Size
- 156,963 SF
- Lot size
- 12.64 Acres
- Property subtype
- Retail, Multifamily, Office
Listing agent Daniel Hyman License #IL 471.013658x
Listing office Millennium Properties R/E
Listing date Feb 22, 2019
Source Crexi
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 Millennium Properties R/E
HighLights
- 12.64 acre redevelopment site zoned for 400 units, ideal for multi‑family or townhome development.
- High‑potential location in Schaumburg, near Motorola and Zurich office campuses, and the Meacham/I‑90 interchange.
- Flexible zoning allows for redevelopment as retail, restaurant, or office space.
- Currently improved with four office buildings totaling 156,693 square feet.
- Generates approximately $708,000 of gross income from short‑term leases.
- Close proximity to Woodfield, a major office, shopping, and entertainment district.
Overview
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schaumburg
- County
- Cook
- State
- Illinois
- Longitude
- -88.0583401
- Latitude
- 42.0741586
