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3315 Algonquin Rd Rolling Meadows, IL 60008

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For Sale
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Multi-Tenant Office Building, 77,866 RSF

Property size:
87,023 SF

Property Features for 3315 Algonquin Rd

General Information

Property type
Medical offices
Square Feet
87,023 SF

Building Details

Year Built/Renovated
1975/2001
Stories
6

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Listing Contact
Carlo Santucci
Carlo Santucci

Listing Agency: Avalon Realty Associates, LLC Listing Agent: Carlo Santucci

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional six-story office building, situated at 3315 W Algonquin Rd in Rolling Meadows, IL 60008, presents a compelling investment opportunity. Boasting a total of 87,023 square feet, with 77,866 square feet of net rentable space, this multi-tenant property is ideally suited for both traditional office users and medical practices. Originally constructed in 1975 and extensively renovated in 2001, the building benefits from abundant natural light thanks to its extensive window line. The property is conveniently located in a prime Chicago suburb, offering easy access to major highways including I-90 and I-290, ensuring convenient commutes for tenants and employees. The building is pre-wired for cable and internet, providing modern connectivity. The surrounding area demonstrates a strong demographic profile, with an average household income exceeding $115,000 within a 5-mile radius and a population exceeding 285,000. The property is zoned C-3, allowing for a variety of commercial uses. Offered at $4,250,000, this property represents a significant opportunity in a thriving market. The building's size, location, and amenities make it an attractive option for both owner-occupiers and investors seeking a stable, high-performing asset. This is a rare opportunity to acquire a well-maintained, strategically located office building in a high-demand area.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Pentech Pharmaceuticals Factory Automatic Building Controls Construction Company Ravyoo - Get more ... (Bike/Boat/Book/etc) Store 2iAmerica LLC Corporate Office David W Belconis ... Law Firm

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rolling Meadows
County
Cook
State
Illinois
Longitude
-88.0200193
Latitude
42.060367

FAQs

What type of property is this?
Medical office - Multi-Tenant Office Building, 77,866 RSF
Where is this medical office located?
The property is located at 3315 Algonquin Rd Rolling Meadows, IL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Six-story office building totaling 87,023 square feet with 77,866 square feet of net rentable area in Rolling Meadows, IL.; Multi-tenant property suitable for office and medical uses, renovated in 2001.; Prime Chicago suburban location with easy access to I-90 and I-290.
(847) 506-1000 Call to check price and availability
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