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    Property profile & analytics

    1700 Algonquin Rd Hoffman Estates, IL 60192-1573

    • Gas stations
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    $2,590,000
    Last Sale
    Apr 18, 2022
    $2,394,000
    Location Intelligence
    Property ID
    US28-0938441
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATM (On the Run) / Atm
    • JC Licht Benjamin Moore Paint & Decor Store Algonquin / Hardware Store / Home Improvement Store
    • CDReload - Online Bitcoin ATM / Atm / Money Transfer Service
    • Casey's / Convenience Store / Gas Station
    • The Peaceful Healing Place / Wellness Center

    Property Details for 1700 Algonquin Rd

    Year built
    1994
    Lot size
    1.08 lot acres
    Property type
    Gas stations
    APN
    01-25-203-048
    APU
    125203048

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,585,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,230,000
      6.5%
      $2,465,000
      7%
      $2,380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,665,000
      Geo Method
      $2,740,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,770,000
      Retail
      $2,195,000
      Mixed-Use
      $2,190,000
      Hospitality
      $2,815,000
      Educational
      $2,710,000
      Residential Income
      $2,875,000
      Energy
      $2,675,000
      Income-Based Land
      $2,115,000
      Food Service
      $2,250,000

    Location Insight

    • Map
    • Local Demand
    City
    Hoffman Estates
    County
    Cook
    State
    Illinois
    Longitude
    -88.1223
    Latitude
    42.0919
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $132,035
    $164,808
    $364,932
    $529,740
    -
    $659,232
    $1,459,728
    $2,118,960

    Comparable in this City

    • Value Estimation by Request
      7.30 Acres

      5115 Sedge Blvd

      STORE, RETAIL OUTLET • 7.30 Acres
      5115 Sedge Blvd, Hoffman Estates, IL 60192-3708
      View Details
    • Value Estimation by Request

      2559 Pratum Ave

      RETAIL STORES (PERSONAL SERVICES)
      2559 Pratum Ave, Hoffman Estates, IL 60192-3729
      View Details
    • Value Estimation
      $420,000
      2.78 Acres

      1772 Algonquin Rd

      MINI-MALL • 2.78 Acres
      1772 Algonquin Rd, Hoffman Estates, IL 60192-1573
      View Details
    • Value Estimation
      $1,195,000
      5.01 Acres

      5101 Trillium Blvd

      STORE, RETAIL OUTLET • 5.01 Acres
      5101 Trillium Blvd, Hoffman Estates, IL 60192
      View Details
    • Value Estimation by Request
      38,980 SF

      1405 Palatine Rd

      Individual retail properties • 38,980 SF
      1405 Palatine Rd, Hoffman Estates, IL 60192
      View Details
    • Value Estimation by Request
      44,961 SF

      1750 Algonquin Rd

      Lifestyle centers • 44,961 SF
      1750 Algonquin Rd, Hoffman Estates, IL 60192
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Spacious Condo with Finished Basement

      Two-story end unit condo with pond views and finished basement.
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      90,000 SF Class A facility in Prairie Stone Business Park.
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      90,000 SF

      Hoffman Estates Industrial Campus

      90,000 SF Class A Warehouse/R&D
      2600 Forbs Ave, Hoffman Estates, IL 60192
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    • Contact for pricing
      1 SF

      Hoffman Estates Land Opportunity

      Land available at NWC I-90 & Rt. 59, Hoffman Estates.
      Nwc I-90 & Rt. 59, Hoffman Estates, IL 60192
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,300 SF

      Hoffman Estates Retail Space Available

      Retail spaces available in Hoffman Estates with high traffic volume.
      2708 N Sutton Rd, Hoffman Estates, IL 60192
      View Details
    • Contact for pricing
      12,647 SF

      Hoffman Estates Retail Space Available

      Retail space for rent in Hoffman Estates, Illinois.
      2610 Sutton Rd, Hoffman Estates, IL 60192
      View Details
    • Contact for pricing
      29,120 SF

      Fountain Crossings Retail Center

      Barrington, IL Strip Mall - Great Location
      3001-3101 Barrington Rd, Barrington, IL 60192
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Hoffman Estates

      Retail space available in Poplar Creek-Prairie Stone Crossing Outlot.
      2500-2530 N Sutton Rd, Hoffman Estates, IL 60192
      View Details
    • Contact for pricing
      44,961 SF

      Forest View Plaza Retail Center

      Hoffman Estates shopping center, high traffic.
      1750 Algonquin Rd, Hoffman Estates, IL 60192
      View Details
    • Contact for pricing
      1,600 SF

      Restaurant Space with Pylon Signage

      Second generation restaurant space near new developments and strong demographics.
      3029-3041 Barrington Rd, Hoffman Estates, IL 60192
      View Details
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    Hoffman Estates, IL 60192-1573
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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