Listing provided courtesy of Brookline Real Estate LLCMREDas Distributed by MLSGrid- MLS# 12505645
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Request Info1501 W Algonquin RoadRolling Meadows, IL 60008
Commercial$20
Active
1501 W Algonquin Road Overview
- Time on Site:
- 244 days
- Visits:
- 6
Freestanding 2nd Gen Restaurant w/ Drive-Thru (Former Steak & Shake) 110 Parking Spaces RIRO Access to Algonquin Rd, Full Access to Golf Rd Shadow-Anchored by Walmart (159k Visits/Month) Heavy Trade Intersection Including Meijer, Lowe's, Walmart, Raising Cane's, Cooper's Hawk, Portillo's, and Other National Retailers Just Blocks from I-90 Access and Woodfield Mall
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1501 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
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 2005
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: Rolling Meadows
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $0.00
- Tax Year: 2023
General Information
- Property Type: Commercial Lease
- Zoning: RTAIL
Interior
General Information
- Cooling: Central Air
- Electric: Other
- Leasable Area: 4710
- Stories: 1
Unit Information
- Unit SqFt.: 4710
Exterior
Lot Information
- Frontage Type: City Street
- Lot Size Dimensions: 320X210
- Lot Size Square Feet: 69260
General Information
- Number Of Units Total: 1
1501 W Algonquin Road Neighborhood
Community
60008 (ROLLING MDWS) Demographics
38
Median Age
4,253
Population Density (per sq. mile)
43%
College Educated
$77,493
Estimated Median Income
5,803
Estimated Total Home Owners
2,234
Estimated Total Renters
72% / 28%
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.1501 W Algonquin Road Market Data
Based on the last 30 days in this zip code
$347,867
Average List Price
$251
Average Price per Square Foot
26
Properties Sold
34
Average Days on Market
59
Properties for Sale
1501 W Algonquin Road History
| Date | Value | Agent |
|---|---|---|
| 11/2/2025Source: MRED | Active |
|
| 10/28/2025Source: MRED | October 28, 2025 |