3407 Algonquin Rd, #1, Rolling Meadows, IL 60008 Property Records

Cook County property record for 3407 Algonquin Rd, #1, Rolling Meadows, IL 60008

Property Summary

Property TypeMotel
Details86,484 sqft · built 2021
OwnerCompany Name on Record
Tax Bill$223,286 (2023)
Deeds & MortgagesAug 2022 Mortgage
Flood ZoneZone X (minimal risk)
APN08-07-205-009-1001

Property Details

APN / Parcel Number

Primary APN08-07-205-009-1001

Interior

Building Area86,484 sqft Gross Area

Exterior

Year BuiltBuilt 2021
Effective Year BuiltEffective 2021

Location & Zoning

Street Address3407 ALGONQUIN RD, 1
CityROLLING MEADOWS
StateIL
Zip60008
Property CategoryCommercial
Property TypeCommercial > Retail > Motel
JurisdictionCOOK IL
Township / Civil DivisionELK GROVE
Census Block Group3
Census Block3017
Census Tract805105

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address3407 ALGONQUIN RD, ROLLING MEADOWS, IL 60008
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address3407 ALGONQUIN RD # 1, 1, ROLLING MEADOWS, IL 60008
Transaction TypeMortgage
Record UpdatedMay 8, 2026
Title CompanyFIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address3407 ALGONQUIN RD, ROLLING MEADOWS, IL 60008

Mortgage

Document Number0023845044
DateAug 26, 2022
Instrument2223845044
Lender
NamePROVIDENCE BANK & TRUST
TypeBank
AddressSOUTH HOLLAND, IL 60473
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term121 Months
DueSep 10, 2032
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionElk Grove Township
MunicipalityRolling Meadows City
Secondary School DistrictTownship High School District 214 (09 - 12)
Elementary School DistrictPalatine Community Consolidated School District 15 (PK - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$784,736 (+70.63%) Land $204,060 Building $580,676$7,847,360 (+326.57%) Land $2,040,600 Building $5,806,760
2023$223,286.00 (+66.16%)
2022$134,382.00$459,908 Land $174,908 Building $285,000$1,839,632 Land $699,632 Building $1,140,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

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
Flood Insurance CostPremium on Record
median of 16 individual policies
Nearby Flood Policies163 units insured
incl. 147 condo units
Nearby Flood Claims4 (1987–2025)
Claims Outside the SFHA2 of 4
Most Recent ClaimJan 2025 · rainfall accumulation

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 RiskLow
lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

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

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemROLLING MEADOWS
serves 23,329 people · EPA ID IL0312730
Water SourcePurchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State InspectionApr 2025
Lead2 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting5
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 52 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
AT&T
Fixed Wireless
100 / 20

May also be available: Astound Broadband, T-Mobile, Verizon.

Nearby Properties on Algonquin Rd

Nearby Streets

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