1602 E Algonquin Rd, #44, Schaumburg, IL 60173 Property Records

Cook County property record for 1602 E Algonquin Rd, #44, Schaumburg, IL 60173

Property Summary

Property TypeRegional Shopping Center, Mall
Details38,414 sqft · built 1977
Lot Size2.18 acres (95,396 sqft)
OwnerIndividual Name on Record
Tax Bill$206,053 (2023)
Flood ZoneZone X (minimal risk)
APN02-35-306-009

Property Details

APN / Parcel Number

Primary APN02-35-306-009
Alternative APN
  • 02-35-306-009-0000

Interior

Building Area38,414 sqft Gross Area

Exterior

Year BuiltBuilt 1977
Effective Year BuiltEffective 1991
Lot Area95,396 sqft

Location & Zoning

Street Address1602 ALGONQUIN RD
CityROLLING MEADOWS
StateIL
Zip60008
Property CategoryCommercial
Property TypeCommercial > Retail > Regional Shopping Center, Mall
Legal Description(PLUM) GROVE (HIGH) (CREST) SUB PT OF SW SW SEC 35-42-10
Legal Range10E
Legal Township42N
Legal Section35
Legal SubdivisionPLUM GROVE HIGH CREST
Legal Lot Number21
JurisdictionCOOK IL
Township / Civil DivisionPALATINE
Census Block Group1
Census Block1018
Census Tract804109

Owner

Source: Cook County records, as of May 27, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordIndividual Name on Record
Mailing Address1622 E ALGONQUIN RD, SCHAUMBURG, IL 60173-4191
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionPalatine Township
Elementary School DistrictPalatine Community Consolidated School District 15 (PK - 08)
Secondary School DistrictTownship High School District 211 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$857,751 (+28.96%) Land $309,615 Building $548,136$3,431,004 (+28.96%) Land $1,238,460 Building $2,192,544
2023$206,053.00 (+3.71%)
2022$198,676.00$665,106 Land $238,165 Building $426,941$2,660,424 Land $952,660 Building $1,707,764

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies9 in force
Nearby Flood Claims24 (1979–2020)
Claims Outside the SFHA3 of 24
Most Recent ClaimMay 2020 · river or lake flooding
Claims by Event
  • Severe Storms And Flooding, Sep 2008 · 9 claims
  • Severe Storms & Flooding, Aug 1987 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 168 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Astound Broadband
Cable · Fiber in parts of the area
1,500 / 50
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20
T-Mobile
Fixed Wireless
100 / 20

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