Last Sold Price
62,275 sqft$62/sqft
501 W Algonquin Rd, Mount Prospect, IL 60056

Property Details for 501 West Algonquin Road

Status
MLS #
-
Days on Market
-
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Non-Residential
MLS Type
Industrial
Year Built
1976
Lot Size
2.83 AC / 123,275 SF

Recent comparable sales

Median sold price

$1,800,000

Mount Prospect, IL

9 comparable properties found

1

$950,000

Sold 12/16/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
2

$1,800,000

Sold 12/19/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
3

$1,937,500

Sold 09/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
33,778
Square Feet
Unavailable
Acres
4

$585,000

Sold 05/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,977
Square Feet
Unavailable
Acres
5

$725,000

Sold 01/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
6

$1,360,000

Sold 01/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
7

$3,650,000

Sold 07/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
32,284
Square Feet
Unavailable
Acres
8

$4,900,000

Sold 05/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
9

$4,600,000

Sold 09/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres

Location

Add your commute

Building Information for 501 West Algonquin Road

Stories1Residences-Year Built1976Lot Size2.83 AC / 123,275 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$27,709 per month

30 year fixed, 6.55% Interest

Principal and Interest

$19,467

Property Taxes

$8,242

HOA Dues

$0

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Rocket Mortgage1

Property History for 501 West Algonquin Road

DateEvent & SourcePriceAppreciation
Dec 13, 2017

Sold (Public Record)

Public Record #611724581

$3,830,000

+9.3% / yr

Aug 31, 2016

Sold (Public Record)

Public Record #586417637

$3,415,000

+5.0% / yr

Aug 31, 2006

Sold (Public Record)

Public Record #204191428

$2,100,000
DateEvent & SourcePrice
12/13/2017

Sold (Public Record)

Public Record #611724581

$3,830,000

+9.3% / yr

08/31/2016

Sold (Public Record)

Public Record #586417637

$3,415,000

+5.0% / yr

08/31/2006

Sold (Public Record)

Public Record #204191428

$2,100,000

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

Public Records for 501 West Algonquin Road

Taxable ValueLand$104,784Additions$274,840Total$379,624
Tax Record2023$98,910 ($8,242 / month)
Home Facts
Total Finished SqFt62,275 SqFtAbove Grade Finished SqFt62,275 SqFtStories1Lot Size123,275 SqFtStyleMiscellaneous IndustrialYear Built1976CountyCOOKAPN08-23-401-030

Schools near 501 West Algonquin Road

This home is within Comm Cons School District 59.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
John Jay Elementary School
PublicK to 5

Holmes Jr High School
Public6 to 8

Elk Grove High School
Public9 to 12

Ridge Family Center For Learning
PublicPK to 5

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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Nearby home values

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.

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 . 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.