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Listing provided courtesy of MarRous & CompanyMREDas Distributed by MLSGrid- MLS# 12677390MLS Provider

1229 E Algonquin Road #IArlington Heights, IL 60005

Commercial · 20,000 Sq. ft.
$265,000 Active

1229 E Algonquin Road #I Overview

Time on Site:
16 days
Visits:
0

This is an industrial condominium unit which features finished office space and unfinished storage area. Flex space. The unit does not have a drive in door but likely can be added. Although this property has an Arlington Heights address, the zoning is in the Village of Mount Prospect.

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1229 E Algonquin Road #I Facts & Features

  • Type Commercial
  • Sq. ft. 20,000
  • Price/Sq.ft. $13

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1982

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Arlington Heights

Tax Information

  • Tax Annual Amount: $9,591.43
  • Tax Year: 2025

General Information

  • Parcel Number: 08231020111009
  • Property Sub Type: Condominium
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 20000

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Leasable Area: 2160
  • Stories: 1

Unit Information

  • Unit SqFt.: 2160
  • Unit Number: I

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 1.235
  • Lot Size Square Feet: 53816

General Information

  • Number Of Units Total: 1

1229 E Algonquin Road #I Neighborhood

Community

60005 (ARLINGTON HEIGHTS) Demographics

43
Median Age
4,411
Population Density (per sq. mile)
61%
College Educated
$87,749
Estimated Median Income
7,896
Estimated Total Home Owners
4,365
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1229 E Algonquin Road #I Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1229 E Algonquin Road #I Market Data

Based on the last 30 days in this zip code

$563,243
Average List Price
$302
Average Price per Square Foot
37
Properties Sold
28
Average Days on Market
81
Properties for Sale
Calculations provided by Reliance Network

1229 E Algonquin Road #I History

Date Event Value Agent
6/19/2026Source: MRED Status Change
Active
6/13/2026Source: MRED Added to Database
June 13, 2026