Property profile

650 E Algonquin Rd Schaumburg, IL 60173

FOR LEASE
Office buildings
Saved · see the list in your Dashboard
Property ID
US28-0864979
5.68 ac Built 1987
Last sale Aug 2024·$3,330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Lakewoods Corporate Center is a four-story office building completed in 1987, featuring a curved glass exterior and a two-story lobby. The property is situated at 650 E Algonquin Road on the northeast corner of Quentin Road and Algonquin Road in Schaumburg, Illinois. Office suites within the building range in size, and each suite is configured with a kitchenette that includes plumbing. Certain upgraded suites include glass-enclosed offices and conference rooms with higher-finish materials. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$388k
Tax billed · 2022
Assessed value$1.43M
Assessed land$619k
Assessed improvement$814k
Effective rate27.11%

Value estimate

· Nov 2026
$3.33M
$3.00M – $3.66M
AI approach$3.33M
NOI build-up
Gross scheduled income$186k
Vacancy & credit loss−$52k
Operating expenses−$33k
NOI$100k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$51 – $273

Cap rate analysis

How does the asset earn?
$100k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.6
Dental Office19.5
Law Firm19.4

Location

650 E Algonquin Rd Schaumburg, IL 60173
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1000 Woodfield, Schaumburg, IL 60173-4728 $2,500,000 Aug 2024 No data
900 National Pkwy, Schaumburg, IL 60173-5117 $1,700,000 Jun 2024 No data
1300 Woodfield, Schaumburg, IL 60173-6075 $4,126,000 Jul 2023 No data
1699 Woodfield, Schaumburg, IL 60173-4947 $2,000,000 May 2023 No data
231 Martingale, Schaumburg, IL 60173-2007 $7,200,000 Feb 2023 No data
1500 Mcconnor, Schaumburg, IL 60173-4399 $8,000,000 Jan 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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