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700 Nicholas Boulevard, Elk Grove Village, IL

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DetailMap
700 Nicholas Boulevard

Elk Grove Village, IL 60007-2599 - Schaumburg Area Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:1972
Stories:4 Typical Floor:10,000 SF Building Size:30,670 SF
% Leased:
For Sale Price:$3,150,000 Price/SF:$102.71
Cap Rate:10.80 %
Smallest Space:150 SF Largest Space:2,925 SF Total Space Avail:10,313 SF Rent/SF/Yr:
$10.00 - $36.00
Parking:Free Surface spaces are available; Ratio of 4/1,000 SF Amenities:24 Hour Availability, Air Conditioning, Bus Line, Controlled Access, Fitness Center, On Site Management, Property Manager on Site, Security System, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
2,500 SF
$10.00 - $14.00/SF/Yr
Vacant
2-10 yrs
Office
 1st
600 SF
$13.00/SF/Yr
Vacant
1-10 yrs
Office
 1st
1,238 SF
$14.00/SF/Yr
Vacant
1-10 yrs
Office
 2nd
2,000 SF
$14.40/SF/Yr
Vacant
2-10 yrs
Office
 2nd
2,500 SF
$14.75 - $18.50/SF/Yr
Vacant
2-10 yrs
Office
 2nd
425 SF
$15.50 - $18.50/SF/Yr
Vacant
1-10 yrs
Office
 3rd
150 SF
$36.00/SF/Yr
Vacant
1-10 yrs
Office
 4th
900 SF
$15.77/SF/Yr
Vacant
1-10 yrs
Office
 
12086835
12497041
12086828
12276347
12699531
12699537
12497050
12086821
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
2,500 SF
$10.00 - $14.00/SF/Yr
Vacant
2-10 yrs
Office
1st
600 SF
$13.00/SF/Yr
Vacant
1-10 yrs
Office
1st
1,238 SF
$14.00/SF/Yr
Vacant
1-10 yrs
Office
2nd
2,000 SF
$14.40/SF/Yr
Vacant
2-10 yrs
Office
2nd
2,500 SF
$14.75 - $18.50/SF/Yr
Vacant
2-10 yrs
Office
2nd
425 SF
$15.50 - $18.50/SF/Yr
Vacant
1-10 yrs
Office
3rd
150 SF
$36.00/SF/Yr
Vacant
1-10 yrs
Office
4th
900 SF
$15.77/SF/Yr
Vacant
1-10 yrs
Office
This property is located approximately 2.2 Miles from O'Hare International Airport and less than 1 mile from interstate I-90, with multiple hotels nearby and on-site public transportation.

Major renovations were done in 2009, and property includes such amenities as an on-site fitness center, key-less building entry, outdoor picnic area, and 24 hour security cameras.

Build-outs are available and in addition building has on-site management, available cleaning services, loading dock & overhead doors for shipments, 200 amp electrical service, available on-site storage, as well as tenant controlled thermostats in certain suites.

Located only 22 miles northwest of Chicago's Loop business district, a majority of the building is currently leased with tenants composed of business and professional services with regional, national & international affiliations.





APN#: 08-26-103-008-000

Sale Notes:
This property is currently 87% occupied and has a net operating income of $340,000 per year actual. This building also offers a fitness
room, common kitchen, common conference room, loading dock, overhead door, elevator, outdoor/indoor lounge area, keyless entry,
security cameras, fiber optics, on-site public transportation and more.

Keller Williams Chicago-O'Hare
Peter Cotsirilos
(630) 253-4929


Baird & Warner
Benjamin Lissner
(312) 401-9176 x3309



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