Palatine, IL 60067 1516 W Algonquin Road

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Presented By: 7 Hill Real Estate, INC.
  • MLS# 12348231
  • 04/25/2025
  • Request Tour
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Turnkey 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.
Presented By: 7 Hill Real Estate, INC.

General for 1516 W Algonquin Road

Business TypeBar/Tavern/Lounge, Food & Beverage, Restaurant
CityPalatine
CoolingCentral Individual
CountyCook
DirectionsAlgonquin just west of Roselle Road (west of HARPER COLLEGE)
Lease TypeN/A
MLS AreaPalatine
ModificationTimestamp2025-05-08T20:02:01.716Z
Operating Expense
PossessionClosing
Property TypeBusiness Opportunity
Property TypeBus / Bus w/Real Est
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount0
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger
ZoningRTAIL

Additional Details

Price History

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Price $0
MLS#12348231
List Date 04/25/2025
Property Type Business Op
Phone 847.485.2500
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