Property summary
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
VerifiedCap rate & NOI
Current use
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Kitchen & Bath Showroom Hardware & Home Improvement
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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