For Lease
$18/SF/YR

1506 Algonquin Rd Palatine, IL 60067

Fully equipped kitchen, 1,000-2,000 sq ft

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional restaurant space, totaling 2,000 square feet, is available for lease in the thriving Schaumburg submarket of Cook County. Situated within Harper Plaza, a newer construction center boasting high traffic counts, this property offers a fully equipped commercial kitchen ideal for a variety of culinary ventures. The space is divisible, with a minimum leasable area of 1,000 square feet, providing flexibility for different business needs. The location benefits from its prime position on Algonquin Road, just a short distance from Harper College, ensuring high visibility and accessibility. With ample parking (85 spaces) available for patrons and staff, convenience is a key feature. The property sits on a 2.09-acre lot and is zoned B-2, catering to commercial uses. The surrounding area, encompassing Hoffman Estates, Palatine, and Inverness, represents a rapidly growing population base within the I-90 corridor, a region experiencing significant development and an expanding tenant mix. This presents a unique opportunity for businesses to capitalize on a vibrant and expanding market. The property's strategic location and modern amenities make it an attractive option for restaurant operators seeking a well-equipped space in a high-traffic area.

Highlights

  • Restaurant space, 1,000-2,000 SF available, fully equipped kitchen.
  • 2,000 total square feet, divisible to 1,000 square feet.
  • Entire space currently vacant.
  • 2.09 acres of land.
  • 85 parking spaces.
  • Located on Algonquin Road, near Roselle Road, in Schaumburg, Cook County.

Property Details for 1506 Algonquin Rd

Property type
Restaurants
RSF (Rentable sq. ft)
2,000 SF

Unit(s) available at that property

Space
Available Space 1
Size
2,200 SF
Rate per SF
$18

Location Insight

City
Palatine
County
Cook
State
Illinois
Latitude
42.080580428264
Longitude
-88.080419887654
1506 Algonquin Rd, Palatine, Illinois

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FAQs

What type of property is this?
Restaurant - Fully equipped kitchen, 1,000-2,000 sq ft
Where is the restaurant located?
The property is located at 1506 Algonquin Rd Palatine, IL.
What is the lease rate?
The lease rate is $18/SF/YR.
What are key features of this property?
This property features: Restaurant space, 1,000-2,000 SF available, fully equipped kitchen.; 2,000 total square feet, divisible to 1,000 square feet.; Entire space currently vacant.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Emin Tuluce
Emin Tuluce
Visit Broker Website

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Algonquin Rd
Palatine, IL 60067

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Palatine, IL 60067

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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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1506 Algonquin Rd
  • Emin Tuluce
    Emin Tuluce
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