2201 Algonquin Parkway

Sales Overview

  • Price: $3,500,000
  • Number of Units: 48
  • Building Size: 31,200 SF
  • Lot Size: 52,272 SF
  • Year Built: 1973


  • Rarely Available Rolling Meadows Apartment Building
  • Opportunity to Renovate Units & Increase Rents
  • Proximate to UP-NW Metra
  • Near O'Hare Airport, Woodfield Mall & Northwest Community Hospital
  • Blocks from Rolling Meadows Highschool and Junior High
  • Abundant Parking on Large Site with 1.8 Acres


The subject investment property is comprised of three (3) buildings totaling forty-eight (48) units. The buildings all feature large 1 bedroom 1 bathroom layouts. The property is heated through electric baseboard heat and cooled through window sleeves. All apartments feature breakers in-unit & individual hot water tanks. Additionally the property features one to one parking and sits on almost 2 acres of land.


Contact the Brokers

Patrick Kennelly

Managing Partner


Paul Waterloo