Property profile

1750 Algonquin Rd Hoffman Estates, IL 60192

OFF-MARKET
Lifestyle centers
44,961 SF Built 1988
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Property summary

AI-generated overview

Forest View Plaza, a two-building retail center in Hoffman Estates, Illinois, offers 44,961 square feet of space across 25 suites. Built in 1988, this single-story property boasts 295 parking spaces and is conveniently located at 1750 W Algonquin Rd, at the well-lit intersection of Algonquin Road and Huntington Boulevard in Cook County (zip code 60192). The property features 100 3-phase power and is zoned B-1. Its prime location benefits from high traffic counts and excellent visibility, serving both Hoffman Estates and the underserved South Barrington market. The center is within four miles of I-90, five miles from Topgolf, and eight miles from the Woodfield Mall shopping district. Currently occupied by a diverse range of businesses including a fitness center, restaurants (Italian and breakfast), a nail salon, a vape shop, a bakery, various retail shops (mattresses, flowers, etc.), a dental office, and professional services (chiropractor, CPA, etc.), this property presents a strong investment opportunity. The property is self-managed, ensuring responsiveness to tenant needs and property maintenance. The property is available for lease.

Property profile

Verified
Property type Lifestyle centers
Year built 1988
Total area 44,961 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Kitchen & Bath Showroom Hardware & Home Improvement

Location

1750 Algonquin Rd Hoffman Estates, IL 60192
Hoffman Estates metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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