Lakewoods Corporate Center

650 E Algonquin Road, Schaumburg, IL 60173

Property Information

  • For Lease $17.00 - $18.00/SF/YR
  • Property Type Office - General Office
  • Property Size 81,522 SF
  • Lot Size 5.68 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1987
  • Year Renovated 2018
  • Date Updated Jun 26, 2026

Description

Lakewoods Corporate Center is located on the East side of downtown Schaumburg- one of the major suburban commercial hubs in the Chicagoland area. Conveniently located immediately across from the new 90 North District, the new Village of Schaumburg Entertainment District features Top Golf, entertainment, restaurants, shopping, hotels and both residential and business campuses. Adjacent to the property is North 680, a brand new, four-building, luxury apartment complex featuring high-end units, a resort-style pool, and a variety of upscale amenities, as well as Kinder Care Day Care. In addition, the property is 2 miles north of Woodfield Mall, one of the largest malls in the USA. The interchange for I-90 at Meacham Road is a little over 1 mile from the building, and the full interchange for I-290, I-355, and IL-53 is less than 2 miles away. O’Hare International Airport is less than 15 miles away and downtown Chicago is approximately 30 miles from the property.Lakewoods Corporate Center is a stunning, all-glass, four-story curvilinear office building located at the NE corner of Quentin and Algonquin Roads. The property features a two-story lobby, outstanding window-lines with abundant natural light throughout, unparalleled access to the region's best dining & entertainment, and janitorial service M-F, included in the rent. Several suites are available for lease ranging in size from 1,290 - 14,465 SF. Each suite has kitchenettes with plumbing. Spec suites include glass wall offices and conferences rooms with high-end finishes throughout.

Highlights

  • Adjacent to KinderCare Daycare
  • Adjacent to North 680 - A New, Luxury Apartment Development
  • All Suites Have Kitchenettes with Plumbing
  • Highly Visible Office Building Directly on Algonquin Road, at the Lighted Quentin Road Intersection
  • Immediately Across from Schaumburg's New Entertainment District - 90 North
  • Monday - Friday Janitorial Included in Rent
  • Monument Signage Available For Tenants Above 5,000 SF
  • Spec Suites Available!
  • UPS and FedEx Drop Boxes On-Site
  • Very Abundant Parking - 6/1000 Parking Ratio

6 Spaces Available

Suite 250

Space Type

General Office

Lease Rate

$17.00 - $18.00/SF/YR

Total Space

7,039 SF

Divisible Space

7,039 - 7,039 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Multiple interior and exterior offices and conference rooms with glass walls throughout, large kitchen, high-end finishes throughout and glass entry door. Can be demised. This is a spec suite!

Suite 303

Space Type

Shared Space

Lease Rate

$17.00 - $18.00/SF/YR

Total Space

1,290 SF

Divisible Space

1,290 - 1,290 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Available 10/2027 Features build-in cubicles, a kitchenette and 2 private offices.

Suite 305

Space Type

General Office

Lease Rate

$17.00 - $18.00/SF/YR

Total Space

6,682 SF

Divisible Space

6,682 - 6,682 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Available 3/2027 Can come furnished with cubicles!

Suite 350

Space Type

General Office

Lease Rate

$17.00 - $18.00/SF/YR

Total Space

6,493 SF

Divisible Space

6,493 - 6,493 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Corner office suite with 11 perimeter private offices of various sizes, 2 perimeter conference rooms, multiple admin/storage rooms, breakroom with plumbing, open area with cubicle stations, reception and waiting area. Can be demised!

Suite 405

Space Type

General Office

Lease Rate

$17.00 - $18.00/SF/YR

Total Space

5,555 SF

Divisible Space

5,555 - 5,555 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Available 9/2027

Contacts

Location

Contact Listing Broker
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