2000-2060 Algonquin Rd Palatine, IL 60173

OFF-MARKET

Office Spaces

101,000 SF

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This exceptional office property, located at 2000-2060 Algonquin Road in Palatine, Illinois, offers 101,000 square feet of space across seven single-story buildings. The property features convenient private entrances with ample on-site parking, 24-hour access for ultimate flexibility, and tenant-controlled HVAC systems for personalized comfort. Individual units range from 1,113 to 13,762 contiguous square feet, with a total of 19,580 square feet currently vacant, providing options for businesses of various sizes. Enjoy well-maintained landscaping and the added benefit of an on-site engineer for efficient building maintenance. The strategic location in the northwest suburbs of Chicago, in Cook County, offers easy access to major transportation arteries including the IL Route 53/I-290 and I-90 interchange. Nearby amenities include the Schaumburg Convention Center, Woodfield Mall, a variety of restaurants, and hotels, providing convenience for employees and clients alike. This property presents a unique opportunity for businesses seeking high-quality office space in a desirable location with excellent accessibility and modern amenities. The zip code is 60173.

Property type Office Spaces

Total area 101,000 SF

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

2000-2060 Algonquin Rd Palatine, IL 60173

Palatine metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$410,000

12.84 Acres

923 Plum Grv Rd, Unit 17

CONDOMINIUM OFFICES

923 Plum Grv Rd, Schaumburg, IL 60173-5151

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Value Estimation
$285,000

0.92 Acres

2385 Hammond Dr Ste, Unit 12

CONDOMINIUM OFFICES

2385 Hammond Dr Ste, Schaumburg, IL 60173-3844

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Value Estimation
$405,000

12.84 Acres

931 Plum Grv Rd14a

CONDOMINIUM OFFICES

931 Plum Grv Rd14a, Schaumburg, IL 60173-4853

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Value Estimation
$405,000

12.84 Acres

951 Plum Grv Rd4b

CONDOMINIUM OFFICES

951 Plum Grv Rd4b, Schaumburg, IL 60173-5187

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Value Estimation
$415,000

12.84 Acres

921 Plum Grv Rd, Unit 18

CONDOMINIUM OFFICES

921 Plum Grv Rd, Schaumburg, IL 60173-4761

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Value Estimation
$410,000

12.84 Acres

937 Plum Grv Rd, Unit 11

CONDOMINIUM OFFICES

937 Plum Grv Rd, Schaumburg, IL 60173-5175

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