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Property Description
Arlington Grand Plaza is a 40,877 square foot retail shopping center on busy Algonquin Road in Arlington Heights, IL. Located one block from I-90 and I-290 access ramps along the busy Woodfield Mall Trade Area retail corridor, the center is currently undergoing a complete redevelopment. Plans include modernized facades, a new parking lot, and new, enhanced landscaping. The property will feature new pylon signage on busy Algonquin Road (27k daily vehicles). The center is located directly across from a Shell Gas Station and Dunkin'. Nearby businesses within one block of the center include McDonald's, Walmart, Starbucks, 7-Eleven, Auto Zone, Fifth Third Bank, and Lowe's. The property is also densely surrounded by residential complexes and subdivisions.
Full Property Details
Full Property Details for 1736 W Algonquin Rd
General
- Price: $20
- Taxes: (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12497384
- Updated: 10/22/2025
- Added to Site: 94 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Arlington Heights
- County: Cook
- Township: Elk Grove
- Driving Directions: Algonquin Rd just West of New Wilke Rd
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Year Built: 1980
Unit Information
- # Tenants: 16
Lot Features
- Lot Size (Sq. Ft.): 130,284
- Lot Dimensions: 230 * 564
- Zoning: RTAIL
Financial Considerations
- Lease Price: $20
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1980
- Tax Year: 2023
- Tenant Pays: Common Area Maintenance, Taxes, Insurance
Listed by Brookline Real Estate LLC
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Schools
Schools serving 1736 W Algonquin Rd
School Districts:Township High School District 214, Palatine Community Consolidated School District 15
| Name | Grades | Distance |
|---|---|---|
Willow Bend Elementary School 4700 Barker Avenue, Rolling Meadows, IL 60008 | K-5 | 0.8 mi |
Carl Sandburg Jr High School 2600 Martin Lane, Rolling Meadows, IL 60008 | 6-8 | 1.2 mi |
Rolling Meadows High School 2901 Central Road, Rolling Meadows, IL 60008 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1736 W Algonquin Rd
Date
Details
Price
Change
Source
10/15/2025
Listed
$20
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1736 W Algonquin Rd
1736 W Algonquin Road, Arlington Heights, IL 60005 (MLS# 12497384) is a Commercial Lease property. 1736 W Algonquin Road is currently listed for $20 and was received on October 15, 2025. Want to learn more about 1736 W Algonquin Road? Do you have questions about finding other Commercial Lease real estate for sale in Arlington Heights? You can browse all Arlington Heights real estate or contact a Coldwell Banker agent to request more information.

