2000-2060 Algonquin Rd, Palatine, IL 60173
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.