2301 W. Algonquin Road, Rolling Meadows, 60008

2301 W. Algonquin Rolling Meadows, IL 60008

2301 W. Algonquin, Rolling Meadows, IL, 60008
Aerial (Site Noted)
2301 W. Algonquin, Rolling Meadows, IL, 60008
FOR SALE
Property Type:
Other Land
Amount:
$349,000
Last Verified:
Jan 07, 2021

Highlights

  • Short 18 minute drive to O'Hare International Airport
  • 81' of frontage on Route 62
  • Easy Access to RT.53 / I-90 / I-290
  • Assemblage redevelopment opportunity of 1.65+ acres

Description

Retail Land for sale located on Illinois Route 62 with access to RT.53, I-90 and I-290. 24,300+ square feet with 81' of frontage of land on Route 62. Possible re-development opportunity for re-use and/or expansion of up to 1.65+ acres with property to the west. Zoning supports grocer, drive thru restaurant, pet supplies or most retail / service retail use.

Rolling Meadows is a suburb of Chicago with a population of 23,229. Rolling Meadows is in Cook County and is one of the best places to live in Illinois. Living in Rolling Meadows offers residents an urban suburban mix feel and most residents own their homes. In Rolling Meadows there are a lot of restaurants, coffee shops, and parks. The public schools in Rolling Meadows are highly rated.

Rolling Meadows is home to many corporate headquarters of Fortune 500 companies as well as small businesses. These businesses employ about 44,000 people and comprise a major part of the City's stable revenue base. Rolling Meadows is ranked the #9 Best Suburbs for Young Professionals in Illinois.

Nestled in the heart of the Golden Corridor near Woodfield Shopping Center and Arlington International racetrack, Rolling Meadows is close to O'Hare airport and an excellent public transportation and expressway system.

Lot Size: 0.56 acres

Map of 2301 W. Algonquin, Rolling Meadows, IL, 60008

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.