1518 Algonquin Rd, Palatine, IL 60067
- Retail properties & Spaces
- 20,000 SF
- 91,032.00 lot acres
Current Use by Public Records
- Zoo-Tropic Exotics / (Bike/Boat/Book/etc) Store / Pet Store
Property Details for 1518 Algonquin Rd
- Year built
- 1989
- Lot size
- 91,032.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional commercial property in Palatine, IL, offers 3,000 square feet of available space within a larger 20,000-square-foot building. Located at 1518 W Algonquin Rd, this single-story, Class B building boasts 8 suites, with individual spaces ranging from a minimum of 1,000 square feet to a maximum of 2,000 contiguous square feet. Built in 1989 and renovated in 2010, the property features a 10-foot ceiling height and ample parking with 85 spaces. The convenient location offers high visibility on Algonquin Road, just steps from Harper College and one traffic light from I-90 access, ensuring significant traffic flow. The property sits on a substantial 91,032-square-foot lot and benefits from B-2 zoning. This Cook County location, within the Schaumburg submarket and O'Hare submarket cluster, provides easy access to major transportation routes and a thriving business community. The building's modern amenities and strategic placement make it an ideal location for a variety of businesses. This is a multiple tenancy building situated in a high-growth area, offering excellent potential for businesses seeking a prominent presence in the northwest Chicago suburbs. The property's features include a pylon sign and freeway visibility, enhancing its marketing potential.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palatine
- County
- Cook
- State
- Illinois
- Longitude
- -88.0804
- Latitude
- 42.0806
