Listing provided courtesy of 7 Hill Real Estate, INC.MREDas Distributed by MLSGrid- MLS# 12563667
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Request Info1520 W Algonquin RoadPalatine, IL 60067
Commercial$19
Active
1520 W Algonquin Road Overview
- Time on Site:
- 142 days
- Visits:
- 1
Busy corner on Algonquin Rd. 38,800 cars on Roselle and 29,100 cars daily on Algonquin. Excellent business location for retailers, doctors, attorneys, accountants, insurance agents, educational services, salons and fitness related users. There is 4,000 sf GYM, FITNESS CENTER with showers and bathrooms which can be reduced to 1,000 sf or as is 4,000 sf.
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1520 W Algonquin Road Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Net
- Gross Income: 0
- Gross Scheduled Income: 0
- Operating Expense: 2024
Building Information
- Year Built: 1988
Business Information
- Business Type: Retail
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: Palatine
Rent/Lease Information
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger
Tax Information
- Tax Annual Amount: $5.50
- Tax Year: 2024
General Information
- Property Type: Commercial Lease
- Zoning: RTAIL
Interior
General Information
- Cooling: Central Individual
- Electric: Circuit Breakers, Service - 201 to 600 Amps
- Leasable Area: 4000
- Stories: 1
Unit Information
- Unit SqFt.: 4000
Exterior
General Information
- Number Of Units Total: 13
1520 W Algonquin Road Neighborhood
Community
60067 (Inverness) Demographics
42
Median Age
2,804
Population Density (per sq. mile)
68%
College Educated
$108,270
Estimated Median Income
11,862
Estimated Total Home Owners
3,501
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1520 W Algonquin Road Market Data
Based on the last 30 days in this zip code
$605,058
Average List Price
$276
Average Price per Square Foot
44
Properties Sold
61
Average Days on Market
159
Properties for Sale
1520 W Algonquin Road History
| Date | Value | Agent |
|---|---|---|
| 2/12/2026Source: MRED | Active |
|
| 2/7/2026Source: MRED | February 07, 2026 |