Date
Details
Price
Change
Source
10/27/2025
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.
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$20
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Property Description
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
Full Property Details
Full Property Details for 1501 W Algonquin Rd
General
- Price: $20
- Taxes: (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12505645
- Updated: 11/3/2025
- Added to Site: 82 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Rolling Meadows
- County: Cook
- Driving Directions: From I-90 take Arlington Heights Road exit then turn left onto Algonquin Road
- Location Details: Out Lot of Shopping Center
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 2005
Lot Features
- Lot Size (Sq. Ft.): 69,260
- Lot Dimensions: 320 x 210
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- Lease Price: $20
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Sprinklers-Wet
- Assessment Year: 2005
- Tax Year: 2023
Listed by Brookline Real Estate LLC
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Listing agent
— 1501 W Algonquin Rd —
Brookline Real Estate LLC
NMLS#: 1598647
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Schools
Schools serving 1501 W Algonquin Rd
School Districts:Community Consolidated School District 59, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Juliette Low Elementary School 1530 South Highland Avenue, Arlington Heights, IL 60005 | K-5 | 0.5 mi |
Holmes Jr High School 1900 West Lonnquist Boulevard, Mount Prospect, IL 60056 | 6-8 | 1.6 mi |
Rolling Meadows High School 2901 Central Road, Rolling Meadows, IL 60008 | 9-12 | 1.2 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 1501 W Algonquin Rd
Estimate the Cost
Estimate the Cost for 1501 W Algonquin Rd
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- Condo
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,200Sq. Ft.
- Single Family
- Active
- Updated 22 hours ago
- 5Beds
- 2Total Baths
- 2,462Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 6Beds
- 3Total Baths
- 2,240Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,216Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,700Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,380Sq. Ft.
Listed by Teresa Hanrahan (219) 771-1958
1501 W Algonquin Road, Rolling Meadows, IL 60008 (MLS# 12505645) is a Commercial Lease property. 1501 W Algonquin Road is currently listed for $20 and was received on October 27, 2025. Want to learn more about 1501 W Algonquin Road? Do you have questions about finding other Commercial Lease real estate for sale in Rolling Meadows? You can browse all Rolling Meadows real estate or contact a Coldwell Banker agent to request more information.