Sold
1425 E Algonquin Road
ARLINGTON HEIGHTS IL, 60005
$1,350,000
$33.46 per sqft
Sold
40,345 sqft
Commercial
Built in 1975
Courtesy of Millennium Properties RE, Inc.
Highly visible on Algonquin, this 40,345 square foot multi-tenant flex building is fully leased. The building is fully sprinklered with 13' to 17' ceilings and four drive-in doors and two docks. Each unit includes an office area and there is a leased billboard that generates additional revenue. Two new leases were signed in 2017 including a two-year lease with the largest tenant, Matrix Systems. This is a great opportunity for an industrial investor looking in the northwest suburbs.
09304322
MLSⓇ ID
August 2, 2016
Listed
February 16, 2024
Updated
Map
1425 E Algonquin Road
ARLINGTON HEIGHTS IL, 60005
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Individual
Heating
No
Exterior/Building Features
Lot Size
2.27 Acres
Other Property Details
Area Name
Arlington Heights
Taxes
$75,828
Tax Frequency
Annually
Days on Market
592
Garage
No
View
No
County
Cook
Municipality
ELK GROVE
Pool
No
Zoning
INDUS
Buyer Agency Compensation
2.25% - $250
Courtesy of Millennium Properties RE, Inc., Susan Silver,
Listing Contact: 312-338-3000
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The DMRE Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 2/16/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 12:59 AM UTC, 2/16/2024
