871 E Algonquin Rd, Schaumburg, IL 60173 Property Records

Cook County property record for 871 E Algonquin Rd, Schaumburg, IL 60173

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	10,521 sqft · built 1973
Lot Size	3.11 acres (135,907 sqft)
Owner	Company Name on Record
Tax Bill	$140,249 (2023)
Deeds & Mortgages	Aug 2022 Mortgage May 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`02-34-300-011`

Property Details

APN / Parcel Number

Primary APN	`02-34-300-011`
Alternative APN	`02-34-300-011-0000`

Interior

Stories	1 Story
Building Area	10,521 sqft Gross Area

Exterior

Year Built	Built 1973
Effective Year Built	Effective 1984
Lot Area	135,907 sqft

Location & Zoning

Street Address	871 E ALGONQUIN RD
City	SCHAUMBURG
State	IL
Zip	60173-3807
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Legal Description	(TOLLWAY)(INDUSTRIAL) PARK SUB OF PT OF WH OF SEC 34 & PT EH SEC 33-42-10
Legal Range	10E
Legal Township	42N
Legal Section	33
Legal Subdivision	TOLLWAY INDUSTRIAL
Legal Lot Number	4
Jurisdiction	COOK IL
Township / Civil Division	PALATINE
Census Block Group	1
Census Block	1033
Census Tract	804105

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 Record	Company Name on Record
Mailing Address	2330 HAMMOND DR, G, SCHAUMBURG, IL 60173-3869
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Aug 18, 2022	Deed of Trust, Mortgage · SBA Mortgage SOMERCOR 504 INC
May 3, 2022	Deed of Trust, Mortgage · Commercial Mortgage PARKWAY BANK & TRUST CO
May 3, 2022	Deed of Trust, Mortgage · Commercial Mortgage PARKWAY BANK & TRUST CO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 25, 1998
Deed Sale	Feb 25, 1998
Deed Document Number	1998340
Record Updated	Sep 20, 2026

August 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	871 E ALGONQUIN RD, SCHAUMBURG, IL 60173-3807
Transaction Type	Mortgage
Record Updated	Aug 24, 2022
Title Company	PREMIER TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0023001155
Date	Aug 18, 2022
Instrument	2223001155

Lender

Name	SOMERCOR 504 INC
Type	Non-Lending Institution
Address	CHICAGO, IL 60605

Agreement

Type	SBA Mortgage
Amount	Amount Recorded
Term	300 Months
Due	Aug 17, 2047

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	871 E ALGONQUIN RD, SCHAUMBURG, IL 60173-3807
Transaction Type	Mortgage
Record Updated	May 16, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0012312031
Date	May 3, 2022
Instrument	2212312031

Lender

Name	PARKWAY BANK & TRUST CO
Type	Bank
Address	HARWOOD HEIGHTS, IL 60706

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	871 E ALGONQUIN RD, SCHAUMBURG, IL 60173-3807
Transaction Type	Mortgage
Record Updated	May 16, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0012312030
Date	May 3, 2022
Instrument	2212312030

Lender

Name	PARKWAY BANK & TRUST CO
Type	Bank
Address	HARWOOD HEIGHTS, IL 60706

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
County	Cook County
County Subdivision	Palatine Township
Municipality	Schaumburg Village
Elementary School District	Palatine Community Consolidated School District 15 (PK - 08)
Secondary School District	Township High School District 211 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$620,500 (+24.16%) Land $441,132 Building $179,368	$2,482,000 (+24.16%) Land $1,764,528 Building $717,472
2023	$140,249.00 (+3.52%)
2022	$135,474.00	$499,748 Land $339,332 Building $160,416	$1,998,992 Land $1,357,328 Building $641,664

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 Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	1 in force

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 Risk	Low lower than 99.1% of the US · lower than 94% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 System	SCHAUMBURG serves 75,750 people · EPA ID IL0314890
Water Source	Purchased surface water from NORTHWEST SUBURBAN MUNICIPAL JAWA
Last State Inspection	Mar 2025
Lead	Under 1 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 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 148 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless · Fiber, DSL in parts of the area	100 / 20

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

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