5 E College Dr - Office FOR SALE


Arlington Heights, IL 60004- Des Plaines/Arlington Hts Corridor
$1,600,000 USD
630-712-2573
5 E College Dr, Arlington Heights, IL for Sale
$1,600,000 USD
Office - FOR SALE
1/12
null | Request Cap Rate

5 E College Dr
Arlington Heights, IL 60004
Des Plaines/Arlington Hts Corridor


HIGHLIGHTS

  • Ample parking
  • Hotels and restaurants nearby with Easy access to Route 53 and I-294
  • Landlord Occupies Building
  • Tenant-controlled HVAC - 24-Hour Access
  • Multi-story atrium building
  • Multi-story atrium building High-speed internet access

OVERVIEW

Discover a remarkable investment opportunity within the heart of the Chicago area. This impressive 34,090 SF office building, boasting 20 units, offers an exceptional investment potential. Built in 1979, the property's M-1 zoning provides flexibility for a variety of office uses. With an outstanding 99.4% occupancy rate, it demonstrates strong tenant demand, ensuring a stable income stream. The property's prime location offers convenient access to major transportation routes, enhancing its appeal to potential tenants. Seize the chance to add this high-performing asset to your portfolio and capitalize on the robust Chicago office market.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

M-1, Arlington Hghts

APN/PARCEL ID

03-08-316-005-0000

ASK ABOUT THIS PROPERTY

Ron WeissenhoferSVN | Chicago CommercialMore Info
630-712-2573

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Ron WeissenhoferSVN | Chicago CommercialMore Info
630-712-2573

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.