605 E Algonquin Road, Arlington Heights, IL 60005
Cook County
Key Facts
Description
The Premier Office Center building is a multi-tenant, 4 story, medical, and professional office building with a variety of office suites available including small - single executive office suites, regular office suites and a tenant that occupies a full floor. HVAC system replaced in 2025. Parking lot seal-coated and striped in 2025. Ample parking on site. Building signage available. Conveniently located minutes from I-90 and highly visible directly on Algonquin Road. Many long term tenants provide stable cashflow!
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1971
Stories
4
Living Area
31,326 sq ft
Lot Size
1.56 acres
Lot Dimensions
PER SURVEY
Zoning
COMMR
Days on Market
7
MLS® Listing#
12645116
Property Features
Cooling
Construction
Foundation
Financial Details
Annual Taxes
$137,344
Tax year 2024
Parcel Number
08153100090000
Directions
On Algonquin at the Goebbert Road (stoplight) intersection. About 2/3 mile east of Arlington Heights Rd
Affordability Calculator
$519,000
Estimated monthly payment
$13,812/mo
Principal $2,076,000 · Est. interest $2,896,205 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Arlington Heights, IL
- $338,608
- Median Listing Price
- 33
- Median Days on Market
- 1,691
- Median Sq Ft
- $212
- Median Price / Sq Ft
- 338
- Active Listings
- This home’s price is 666% above the area median.
- Its price per sq ft is 61% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Arlington Heights, IL.
Location
Points of Interest in Arlington Heights, IL
Showing the Arlington Heights area map.
Nearby Schools
John Jay Elementary School
Elementary · 0.3 mi away
Forest View Educational Center
School · 0.4 mi away
High School District 214
Secondary · 0.4 mi away
Forest View Alternative School
School · 0.4 mi away
Newcomer Center
Secondary · 0.4 mi away
Vanguard School
Secondary · 0.4 mi away
Arlington Montessori School
Elementary · 0.5 mi away
Holmes Junior High School
Secondary · 0.9 mi away
Forest View Elementary School
Elementary · 1.0 mi away
Juliette Low Elementary School
Elementary · 1.2 mi away
Rupley Elementary
Elementary · 1.4 mi away
Arlington Heights School District 25
Elementary · 1.5 mi away
FAA Aircraft Dispatcher Course - Flight Innovation, Inc.
School · 1.7 mi away
Westbrook Elementary School
Elementary · 1.9 mi away
Science Academy of Chicago
School · 1.9 mi away
Lincoln Middle School
Secondary · 1.9 mi away
Laureate Day School
School · 2.1 mi away
Dryden Elementary School
Elementary · 2.1 mi away
St Raymond School
School · 2.2 mi away
St Zachary Catholic Church
School · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 635 E North Avenue, Glendale Heights, IL | $1,900,000 | — | — | — |
| 300 E Euclid Avenue, Arlington Heights, IL | $1,995,000 | 6 | 4 | 5,400 |
| 2043 Bloomingdale Road, Glendale Heights, IL | $2,100,000 | — | — | 5,104 |
| 1007 E Palatine Road, Arlington Heights, IL | $2,175,000 | — | — | — |
| 636 N Dunton Avenue, Arlington Heights, IL | $2,650,000 | 5 | 6 | 6,379 |
| 739 E North Avenue, Glendale Heights, IL | $2,800,000 | — | — | 14,517 |
Moving Cost Estimate
EXIT Agents in Arlington Heights
Listing Courtesy: Coldwell Banker Realty - 3122667000
Last Updated: 2026-05-27