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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1700 Algonquin Rd Mount Prospect, IL 60056

6,836 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,836 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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