4001 Algonquin Rd, Rolling Meadows, IL 60008
OFF MARKET

4001 Algonquin Rd
Rolling Meadows, IL 60008

    (on 1.84 acres)

    Local Information

    • Map ViewExplore the area around 4001 Algonquin Rd.
    • Schools2 Elementary Schools2 Middle Schools1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    1.84 acres

    About this House

    Attractive redevelopment opportunity in Rolling Meadows, IL. Situated in a prime location with signalized access to I-90 and I-290/Route 53, this site is within the Woodfield Mall trade area. Zoned for commercial use, it offers flexible use potential including fast food, restaurants, and retail. High visibility with heavy traffic counts on major thoroughfares. A national gas station is proposed on the adjacent parcel.
    4001 Algonquin Rd, Rolling Meadows, IL 60008 is a lot/land. It last sold for $2,297,000 on Jun 2, 2025 (8% below the $2,500,000 asking price). It is currently off market.

    Home Details for 4001 Algonquin Rd

    Active Status

    MLS Status: Closed

    Interior Features

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    No View

    Exterior Features

    Frontage
    Road Frontage: State RoadRoad Surface Type: AsphaltNot on Waterfront
    Farm & Range
    Frontage Length: 220

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: Commercial, RetailParcel Number: 07122030100000

    Price & Status

    Price
    List Price: $2,500,000
    Status Change & Dates
    Off Market Date: Wed May 07 2025Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: Rolling Meadows
    School Information
    Elementary School District: 54Jr High / Middle School District: 54High School District: 211

    Lot Information

    Lot Area: 1.84 Acres

    Listing Info

    Special Conditions: None

    Offer

    Listing Terms: Cash

    Business

    Business Information
    Ownership: Fee Simple

    Miscellaneous

    Mls Number: 12097460

    Additional Information

    Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display
    Last check for updates: about 21 hours ago
    Listed by Timothy Billimack, (815) 355-0196
    Blue Chip Commercial Real Estate
    Bought with: Timothy Billimack, Blue Chip Commercial Real Estate
    Source: MRED as distributed by MLS GRID, MLS#12097460

    Price History for 4001 Algonquin Rd

    DatePriceEventSource
    06/02/2025$2,297,000Sold
    MRED as distributed by MLS GRID #12097460
    05/07/2025$2,500,000ContingentMRED as distributed by MLS GRID #12097460
    07/01/2024$2,500,000Listed For SaleMRED as distributed by MLS GRID #12097460

    Market trends in Rolling Meadows

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $333K
    Sale-to-List Price
    —
    Price per sq ft
    $235
    Available listings
    55
    5    MoM
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    Comparable Sales for 4001 Algonquin Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1250 E Woodfield Rd, Schaumburg, IL
    1.58
    Lot/Land
    $1,900,000
    02/17/26
    -
    -
    1028 S Walnut Ave, Arlington Heights, IL
    2.19
    Lot/Land
    $325,000
    06/11/26
    -
    -
    516-20 W Wing St, Arlington Heights, IL
    2.52
    Lot/Land
    $350,000
    04/29/26
    -
    -
    712 S Plum Grove Rd, Palatine, IL
    2.50
    Lot/Land
    $150,000
    06/17/26
    -
    -
    1430 S Belmont Ave #2, Arlington Heights, IL
    2.76
    Lot/Land
    $270,000
    10/21/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 4001 Algonquin Rd.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Rolling Meadows

    At least 198 Trulia users voted on each feature.

    • 88 % Say it's dog friendly

    • 84 % Say there are sidewalks

    • 83 % Say car is needed

    • 77 % Say parking is easy

    • 69 % Say kids play outside

    • 68 % Say there's holiday spirit

    • 63 % Say it's quiet

    • 63 % Say people would walk alone at night

    • 60 % Say streets are well-lit

    • 59 % Say yards are well-kept

    • 57 % Say there's wildlife

    • 55 % Say it's walkable to restaurants

    • 54 % Say it's walkable to grocery stores

    • 48 % Say neighbors are friendly

    • 45 % Say they plan to stay for at least 5 years

    • 28 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "I enjoy all the free events that goes on in this community. Everyone is for the most part friendly. "
      0
      Flag
    • Asusundevil2004
      "All residential driving and heavy school traffic mornings. Evenings are heavy work traffic, not enough 3 lane streets. "
      0
      Flag
    • M4cdkn7vdm
      "Rolling Meadows is a beautiful neighborhoods of neighborhoods plenty of stores and libraries and restaurants. Whatever you need is all very close and convenient."
      1
      Flag
    • Bbella1997
      "Very central location. Many restaurants, gas stations, stores(grocery, clothing etc), family owned businesses and friendly. Close public transportation access as well! "
      0
      Flag
    • Rob
      "The elementary schools, junior high schools, and the high schools are very good. The park district offers many youth programs all four seasons. The parks and paths are well maintained. The city organizes several outdoor family events throughout the year. There is a farmers market on the weekends in the summer, a fall Festival close to Halloween, and a 4th of July parade, Festival, and fireworks. NOTE: Events this year. 2020, may be affected by the COVID 19 pandemic. "
      5
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    • Trulia User
      "to keep kids out of the parking lot and court yard for the safety of the kids, there is a play ground "
      1
      Flag
    • Pmdpmd40
      "Dangerous. Do not walk or travel alone. No restaurants, bars, stores, etc. Police and ambulance have great response time. Good diverse community of people who live in the area. "
      3
      Flag
    • Nicole C.
      "I grew up here from 6th grade through college. This is the perfect neighborhood to call home. Safe, friendly and accessible "
      4
      Flag
    • Robert G.
      "the train station is not far from where we live and the highway is close, too. Great neighborhood. it is quiet, too."
      1
      Flag
    • Angela45636789
      "I just love this place. Yes most of the homes here are older and expensive even if they’re small, but it’s the people and the town that’s it’s just amazing and makes it totally worth it. No problems with neighbors will occur. Police officers are the nicest of them all."
      0
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    • Angela
      "This is such a great place to grow a family. Everywhere you go are great parks. There are car shows,night outs, parades, block parties, events,it’s just the greatest of greatest. Kids can hangout with friends anytime anywhere. Most importantly, there’s no crimes at all. Did I mention that the schools are great. No violence, drugs, bullying. Growing up here makes me proud I call Rolling Meadows my home town."
      2
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    • Jenifer
      "it's not very dog friendly. most dogs have leash aggression and there's only paid parks you can visit"
      0
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    • Brittanywatson5522
      "I’ve lived here for about 18 years now with my family. It’s a nice little town. I feel that I could walk the neighborhood at anytime and feel safe. The neighborhood is pretty well lite at night too. Neighbors are friendly and keep properties well kept. "
      0
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    • Shawn B.
      "I think people would love the fact that showing is near by but there isn’t a lot of neighborhoods. Overall, I like Rolling Meadows and feel that is is a good neighborhood to live in. "
      0
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    • Juan G.
      "The parks in rolling meadows are fantastic. They’re well kept and clean bathrooms most parks. Summertime wears my kids out at the various parks"
      3
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    • Augustin H.
      "good comunitity , a lot of special events for kids all sumers a holidays and the winter events, with rolling meadows police department and firefighters too, good areas and park for kids and pet to walk safety in the streets "
      1
      Flag
    • Ariel l.
      "There are a lot of other dog owners, plenty of parks around. Plenty of young families moving in and not a high crime area."
      1
      Flag
    • Vinnie G.
      "Meadows is close to highways and tollways, (290, 53, and 90) and 10 minutes from Metra. My commute tp Elmhurst is about 15-20 minutes."
      1
      Flag
    • thausler
      "Above average everything! Just off of Route 53, the majority of Rolling Meadows is residential, surrounded by parks and above average schools. Day to day conveniences are within walking distance. Jump in your car, within minutes you will find yourself surrounded by world-class shopping, dining, and entertainment."
      0
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    • smallred2
      "on School dr you can ride you bikes up to the grocery store, park, to get icecream it's a great family neighborhood."
      0
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    • Michelle C.
      "I used to live here in a rental apt. I loved the close prox. to shopping, transportation, food, and work. "
      0
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    • Km h.
      "Great area to raise a family."
      0
      Flag

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    Homes for sale near 4001 Algonquin Rd

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    Off Market Homes Near 4001 Algonquin Rd

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    Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Click here for more information