Seller's Agent in 2025
Tim Billimack
Blue Chip Commercial Real Estate
(847) 854-4369
1 in this area
33 Total Sales
4001 W Algonquin Rd Rolling Meadows, IL 60008
Busse Woods Neighborhood
1.84
Acres
$1,248,370
Price per Acre
80,150
Sq Ft Lot
About This Lot
As of June 2025Attractive 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.
Last Agent to Sell the Property
Blue Chip Commercial Real Estate License #471000637 Listed on: 07/01/2024
Last Buyer's Agent
Blue Chip Commercial Real Estate License #471000637 Listed on: 07/01/2024
Property Details
Property Type
- Land
Lot Details
- 1.84 Acre Lot
- Lot Dimensions are 220 x 341 x 291 x 300
- Property fronts a state road
- Property is zoned COMMR
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2024
Closed on
Apr 15, 2025
Sold by
B & B Center Management Llc
Bought by
Quiktrip Corporation
Seller's Agent
Tim Billimack
Blue Chip Commercial Real Estate
Buyer's Agent
Tim Billimack
Blue Chip Commercial Real Estate
List Price
$2,500,000
Sold Price
$2,297,000
Premium/Discount to List
-$203,000
-8.12%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.83%
Mortgage Type
Construction
Purchase Details
Listed on
Jul 1, 2024
Closed on
Apr 14, 2025
Sold by
B & B Center Management Llc
Bought by
Hari Anant 11 Llc
Seller's Agent
Tim Billimack
Blue Chip Commercial Real Estate
Buyer's Agent
Tim Billimack
Blue Chip Commercial Real Estate
List Price
$2,500,000
Sold Price
$2,297,000
Premium/Discount to List
-$203,000
-8.12%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.83%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 3, 2014
Sold by
Chicago Title Land Trust Company
Bought by
B & B Center Management Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,900,000 | Chicago Title | |
| Special Warranty Deed | $2,297,000 | None Listed On Document | |
| Deed | -- | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,300,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $2,297,000 | -8.1% | -- |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 07/01/2024 07/01/24 | For Sale | $2,500,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $153,572 | $484,389 | $446,333 | $38,056 |
| 2023 | $147,823 | $484,389 | $446,333 | $38,056 |
| 2022 | $147,823 | $484,389 | $446,333 | $38,056 |
| 2021 | $154,363 | $450,000 | $446,332 | $3,668 |
| 2020 | $151,754 | $450,000 | $446,332 | $3,668 |
| 2019 | $136,954 | $450,000 | $253,598 | $196,402 |
| 2018 | $125,170 | $366,303 | $253,598 | $112,705 |
| 2017 | $122,676 | $366,303 | $253,598 | $112,705 |
| 2016 | $114,378 | $366,303 | $253,598 | $112,705 |
| 2015 | $108,699 | $325,300 | $207,489 | $117,811 |
| 2014 | $106,482 | $325,300 | $207,489 | $117,811 |
| 2013 | $103,831 | $325,300 | $207,489 | $117,811 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Billimack
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12097460
APN: 07-12-203-010-0000
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