1700 Algonquin Rd Mount Prospect, IL 60056
Located at 1700 W Algonquin Rd, Mt. Prospect, IL 60056, Affiliated Plaza offers a rare opportunity for businesses seeking office space in a high-traffic area. This 6,836 square foot building features multiple tenancy options, with spaces ranging from a minimum of 978 square feet to a maximum contiguous space of 5,858 square feet. Currently, the entire 6,836 square feet is vacant, presenting a unique chance to occupy the entire building or lease a portion. The property is situated on high-traffic streets boasting a combined 43,000 ADT, ensuring excellent visibility and accessibility. The building offers both smaller spaces and larger spaces available on the second floor, catering to diverse business needs. Virtual tours are available via Matterport (links provided separately). This property is ideal for businesses seeking a prominent location with easy access and high visibility in a thriving commercial area. The property type is classified as retail and office, with a subtype of traditional office, strip center, shopping center, and neighborhood center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.