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Rolling Meadows Office Building For Lease
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3501 W Algonquin Rd, Rolling Meadows, IL 60008

Ten-story office building in Rolling Meadows, Illinois available for lease.

Space Size72 SF - 20,686 SF
Property Size208,901 SF
Days on Market1890

Property Features for 3501 W Algonquin Rd

General Information

Standard status Active
Size 72 SF - 20,686 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 208,901 SF
Tenancy Multiple

Spaces For Lease

at 3501 W Algonquin Rd Contact us
Name Size Type Rate Availability
290F 275 SF — — Active Contact us
210 3,281 SF — — Active Contact us
310 3,327 SF — — Active Contact us
680 3,126 SF — — Active Contact us
7th Floor 20,686 SF — — Active Contact us
10th Floor 19,271 SF — — Active Contact us
200 3,044 SF — — Active Contact us
210-A 639 SF — — Active Contact us
210-I 211 SF — — Active Contact us
220 2,212 SF — — Active Contact us
240 2,398 SF — — Active Contact us
320 2,029 SF — — Active Contact us
331 1,528 SF — — Active Contact us
336 382 SF — — Active Contact us
500 1,094 SF — — Active Contact us
520 1,029 SF — — Active Contact us
610 2,235 SF — — Active Contact us
620 1,528 SF — — Active Contact us
7TH FLOOR 20,686 SF — — Active Contact us
800 5,753 SF — — Active Contact us
810 5,247 SF — — Active Contact us
860 4,903 SF — — Active Contact us
9th Floor 20,686 SF — — Active Contact us
LL-30 1,567 SF — — Active Contact us
LL-5 4,739 SF — — Active Contact us
ST-1 1,216 SF — — Active Contact us
ST-35 72 SF — — Active Contact us
ST-45 1,435 SF — — Active Contact us
ST-50 306 SF — — Active Contact us
Listing Agency: Imperial Realty Company
Listed By: Theron May · License #IL 471.019986
Source: Crexi
Added: Aug 4, 2021 Changed: Oct 5 Last Checked: Oct 5 at 5:21PM

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 Imperial Realty Company

Investment Insights

Based on property information with market context.

The ten-story office building at 3501 Algonquin Road in Rolling Meadows, Illinois, is available for lease. Formerly the headquarters of PepsiAmericas, Inc., the property is located in the heart of the second-largest suburban Chicago office market. The building is approximately 70% complete. Its location offers proximity to Woodfield Mall, the Schaumburg Conference Center, Motorola headquarters, and Sears headquarters. It is also near Arlington Park Race Course, the Rosemont Conference Center, the Sears Centre, and adjacent to the Holiday Inn Hotel. The surrounding area features restaurants, hotels, shopping, and entertainment. Nearby restaurants include Moretti's Ristorante & Pizzeria, Sweet Tomatoes, WIldberry Café, Joe's Crab Shack, Chef Ping, Jason's Deli, Portillo's Hot Dogs, Longhorn Steakhouse, The Cheesecake Factory, California Pizza Kitchen, Noodles & Co, Wildfire, Culver's, Webber Grill, Chicago Prime Steakhouse, Five Guys, and P F Chang's. According to NerdWallet, Rolling Meadows is the 5th fastest-growing city in Illinois.

Key Highlights

  • Below market lease rates in a 10‑story office building.
  • Located in the heart of the second largest suburban Chicago office market.
  • Minutes from Woodfield Mall (nation's fifth largest shopping center).

Property Analytics

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Open Analytics

Current Use

Express Employment Professionals Employment Agency IDHS Public Health Department Hcp Financial Financial Advisor Peak Professionals Consultant Integrity In Insurance Association Or Organization

Suggested Use

Top Pick Pharmacy Auto Parts Store Auto Repair Shop Storage Facility Hair Salon Grocery & Convenience 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

1,465
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office building - Ten-story office building in Rolling Meadows, Illinois available for lease.
Where is this office building located?
The property is located at 3501 W Algonquin Rd Rolling Meadows, IL.
What are key features of this property?
This property features: Below market lease rates in a 10‑story office building.; Located in the heart of the second largest suburban Chicago office market.; Minutes from Woodfield Mall (nation's fifth largest shopping center).
(773) 736-6461 Call to check price and availability
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