Sold
Last Sold Price
80,150 Lot Size1.84 Acres
4001 W Algonquin Rd, Rolling Meadows, IL 60008
LandProperty Type
1.84 acresLot Size

Description

Attractive redevelopment opportunity in Rolling Meadows, IL. Situated in a prime location with signalized access to I-90 and I-290/Route 53, this site is within the Woodfield Mall trade area. Zoned for commercial use, it offers flexible use potential including fast food, restaurants, and retail. High visibility with heavy traffic counts on major thoroughfares. A national gas station is proposed on the adjacent parcel.Attractive redevelopment opportunity in Rolling Meadows, IL. Situated in a prime location with signalized access to I-90 and I-290/Route 53, this site is within the Woodfield Mall trade area. Zoned for commercial use, it offers flexible use potential including fast food, restaurants, and retail. High visibility with heavy traffic counts on major thoroughfares. A national gas station is proposed on the adjacent parcel.

    Sold By Blue Chip Commercial Real Estate

    • Listed by: Timothy Billimack 815.355.0196 billimackt@gmail.com • Blue Chip Commercial Real Estate
    Listing closed: 06/02/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12097460

    Recent comparable sales

    Median sold price

    $2,000,000

    Avg days on market

    108

    Sale-to-list ratio

    85.2%

    Rolling Meadows, IL

    9 comparable properties found

    1

    $31,899,000

    Sold 03/27/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.89
    Acres
    2

    $195,000

    Sold 10/18/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    882
    Square Feet
    0.25
    Acres
    a view of a grassy field with trees in the background
    1/3
    3

    $161,000

    Sold 12/12/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.26
    Acres
    4

    $2,000,000

    Sold 12/11/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    5

    $6,000

    Sold 05/06/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    730
    Square Feet
    Unavailable
    Acres
    6

    $2,000,000

    Sold 04/24/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    7

    $1,827,500

    Sold 06/09/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    3,146
    Square Feet
    Unavailable
    Acres
    8

    $2,500,000

    Sold 04/04/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    9

    $2,500,000

    Sold 12/16/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres

    Location

    Add your commute

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    $23,994 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $11,675

    Property Taxes

    $12,319

    HOA Dues

    $0

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    Property Information for 4001 West Algonquin Road

    Property Details
    • Taxes: $147,823 / year
    • MLS Type: Land
    • County: Cook County
    • Area: Rolling Meadows
    • Township: Palatine
    • Ownership: Fee Simple
    • Num Of Parking Spaces: 0.0
    • Zoning: COMMR
    Building Information
    • Lot Size: 1.84 AC
    General Information
    School Information
    • Elementary School District: 54
    • High School District: 211
    • Middle Or Junior School District: 54
    Location and General Information
    • Frontage Length: 220
    • Frontage Type: State Road
    Property Information
    Interior Features
    • Num of Baths: 0.0
    Exterior Features
    • Backup Package: No
    Utilities / Equipment
    • Water: Municipal Water
    Property/Lot Information
    • Lot Size: 1.0-1.99 Acres
    • Lot Dimensions: 220 X 341 X 291 X 300
    • Approx Land Sq Footage: 80150
    • Buildings on Land: Yes
    • Waterfront: No
    • General Information: None
    Property and Assessments
    • Possible Use: Commercial, Retail
    • Public Document Count: 1
    • Document Date: 2024-06-28T19:30:49
    • Photos Count: 1
    • OpenHouse Count: 0
    Miscellaneous
    • Current Use: Commercial
    • Road Surface: Asphalt
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Property History for 4001 West Algonquin Road

    DateEvent & SourcePriceAppreciation
    Jun 2, 2025

    Sold

    MRED #12097460

    $2,297,000
    May 29, 2025

    Sold (Public Record)

    Public Record #1559052208

    $2,297,000

    -18.3% / yr

    May 7, 2025

    Pending

    MRED #12097460

    DateEvent & SourcePrice
    06/02/2025

    Sold

    MRED #12097460

    $2,297,000
    05/29/2025

    Sold (Public Record)

    Public Record #1559052208

    $2,297,000

    -18.3% / yr

    05/07/2025

    Pending

    MRED #12097460

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 4001 West Algonquin Road

    Taxable ValueLand$446,333Additions$38,056Total$484,389
    Tax Record2023$153,572 ($12,798 / month)
    Home Facts
    Lot Size184,259 SqFtStyleShopping CenterYear Built1970CountyCOOKAPN07-12-203-010

    Schools near 4001 West Algonquin Road

    This home is within Schaumburg Central Consolidated School District 54.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 6
    Public - 7 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Adlai Stevenson Elementary School
    PublicK to 6

    Margaret Mead Junior High School
    Public7 to 8

    Wm Fremd High School
    Public9 to 12

    District 211 Academy - North
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Blue Chip Commercial Real Estate

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/02/2025 10:35 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.