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    FOR LEASE
    Office buildings

    3701 W Algonquin Rd, Rolling Meadows, IL 60008

    6.24 ac lot Built 1975
    Entity Owned 21-yr Hold ~ Est. High Equity
    Property ID
    US28-5678254
    Property summary
    AI-generated overview

    This exceptional 10-story office building, totaling 193,104 square feet, presents a unique opportunity in Rolling Meadows, IL's northwest suburbs. Built in 1980, the property boasts 49,403 square feet of immediately available space, divisible into units as small as 1,295 square feet and up to a contiguous 13,349 square feet. Multiple tenancy options are available to suit various business needs. The building offers convenient access to major transportation arteries, including the I-90/Illinois Route 53 interchange and Algonquin Road, ensuring seamless commutes for employees and clients. Ample parking is provided with 658 spaces. Beyond the functional aspects, tenants enjoy a range of amenities including a spacious conference/training center, a comfortable tenant lounge, and 24-hour electronic building access. The strategic location near Woodfield Mall, diverse restaurants, banking facilities, and hotels adds to the property's appeal. This is an ideal location for businesses seeking a well-maintained, amenity-rich office space in a thriving suburban setting within Cook County. The building's size and flexible space options cater to a wide range of businesses, from small startups to larger corporations. Contact us today to explore the possibilities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1975
    Lot 6.24 ac (271,814 SF)
    APN 08-07-204-004
    UPID US28-5678254
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • PEI-Genesis, Inc. - Illinois Sales Office Industrial Manufacturer Production Facility
    • StoneRiver, Inc (Bike/Boat/Book/etc) Store Corporate Office
    • Vital Systems Corporate Office
    • Angelika Siatka NMLS #862152 loanDepot - Chicago Northwest Suburbs Mortgage Lender Loan Service Bank
    • Gary Gordon MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $525k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $525k
    Owner & transaction history
    3701 Algonquin Road LLC · 21 yrs held
    3701 Algonquin Road LLC
    since 2005
    7 recorded transactions
    2023
    2010
    2005
    2005
    2005
    $7.0M
    1999
    $6.5M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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