Date
Details
Price
Change
Source
2/07/2026
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.
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$20
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Property Description
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.
Full Property Details
Full Property Details for 1520 W Algonquin Rd
General
- Price: $20
- Taxes: $5 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12563667
- Updated: 5/5/2026
- Added to Site: 89 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Hydrants on Site, Sprinklers (Wet)
Location
- Area: Palatine
- County: Cook
- Driving Directions: Algonquin just west of Roselle Road (west of HARPER COLLEGE)
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 1988
Lot Features
- Zoning: RTAIL
Financial Considerations
- Lease Price: $20
- For Sale/Rent/Lease: For Rent Only
- Operating Expenses: $2,024
- Security Deposit: Alarm Monitored, Alarm On Site, Hydrants On Site, Sprinklers-Wet
- Assessment Year: 1988
- Tax Amount: $5.5
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger
Listed by 7 Hill Real Estate, INC.
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— 1520 W Algonquin Rd —
7 Hill Real Estate, INC.
NMLS#: 1598647
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Schools
Schools serving 1520 W Algonquin Rd
School Districts:Township High School District 211, Palatine Community Consolidated School District 15
| Name | Grades | Distance |
|---|---|---|
Marion Jordan Elementary School 100 North Harrison Avenue, Palatine, IL 60067 | K-5 | 2.1 mi |
Wm Fremd High School 1000 South Quentin Road, Palatine, IL 60067 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1520 W Algonquin Rd
Estimate the Cost
Estimate the Cost for 1520 W Algonquin Rd
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- Condo
- Active
- Updated 14 hours ago
- 2Beds
- 2Total Baths
- 1,200Sq. Ft.
- Single Family
- Active
- Updated 2 hours ago
- 4Beds
- 3Total Baths
- 1,700Sq. Ft.
- Condo / Townhouse
- Active
- Updated 2 hours ago
- 2Beds
- 2Total Baths
- 1,200Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,929Sq. Ft.
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- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,652Sq. Ft.
- Single Family
- Active
- Updated 20 hours ago
- 4Beds
- 2Total Baths
- 1,512Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,346Sq. Ft.
1520 W Algonquin Road, Palatine, IL 60067 (MLS# 12563667) is a Commercial Lease property. 1520 W Algonquin Road is currently listed for $20 and was received on February 07, 2026. Want to learn more about 1520 W Algonquin Road? Do you have questions about finding other Commercial Lease real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.