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$18.5
New Listing

1516 W Algonquin Road
Palatine, IL60067

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of 7 Hill Real Estate, INC.

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 708-308-1938
Is this the home for you? We can help make it yours.
708-308-1938
1516 W Algonquin Road1516 W Algonquin Road1516 W Algonquin Road1516 W Algonquin Road
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urnkey Restaurant Opportunity in Prime Location - 2,000 SF Fully Equipped Restaurant/Kitchen for Sale! This meticulously maintained, clean, and well-organized full-service restaurant is ready for its next owner! Perfect for a wide range of food concepts including restaurants, pizzerias, donut shops, coffee shops, catering kitchens, and more. Whether you're starting a new venture or looking to expand, this space has everything you need to succeed. Prime Location in Harper Plaza High-traffic area: Located on busy Algonquin Road, just steps away from Harper College, with 32,900 cars passing by on Roselle and 30,400 cars per day on Algonquin Road. Strong local demand: Serving the communities of Palatine, Schaumburg, and Hoffman Estates. Proximity to Harper College: Almost 24,000 enrolled students provide a steady stream of potential customers year-round. Harper Plaza - A Growing Business Hub Newer construction with modern facilities and high visibility in one of Chicago's fastest-growing northwest suburbs. The I-90 corridor is booming, bringing an expanding tenant mix and increasing population in the area. Don't miss this opportunity to take advantage of a prime location and a fully equipped, turn-key kitchen ready for business. Act fast, as opportunities like this don't come around often! Contact us today to schedule a tour or for more information.

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Listing Snapshot
Price 
$18.5
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
12348231
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS®
17 hours agoListing first seen on site
General Features
Number Of Stories 
1
Property Sub Type 
Business
Zoning 
RTAIL
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Community Features
MLS Area 
Palatine
Listing Courtesy of MRED as distributed by MLS Grid of 7 Hill Real Estate, INC.



Based on information submitted to the MLS GRID as of 2025-04-26 03:17 PM UTC. 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.
Last checked: 2025-04-26 03:17 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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