2010 Arlington Heights RdArlington Heights, IL 60005

Property Details for 2010 Arlington Heights Rd

Year built

1965

Lot size

2.39 AC

Property type

Retail space

Property subtype

Storefront properties

APN

08-16-200-071

APU

816200071

Description

This exceptional two-story, 38,534 square foot Class B medical office building at 2010 S Arlington Heights Rd, Arlington Heights, IL 60005, offers multiple suites for lease. The building features move-in ready, fully built-out suites ranging from 1,235 to 4,144 square feet, including options such as therapy, pediatric, and physician suites. Convenient amenities include an elevator, stairway, and an ADA-compliant ramp. The building enjoys a highly visible location on Arlington Heights Road, minutes from Northwest Community Hospital and less than half a mile from I-90 Expressway. This prime location offers excellent access and visibility within Arlington Heights, a thriving suburb of Chicago with a population of 82,400 (2010 Census). The building is already home to established medical tenants, including Nihon Medical Clinic, McNelis Family Eye Care, and Advanced Gyne-OB Associates, creating a strong medical community. The property's proximity to Golf Road and its easy access to I-90 provide unparalleled convenience for both patients and staff. This is an exceptional opportunity to establish or expand your medical practice in a vibrant and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $27,632,964

  6.5%

  $25,507,352

  7%

  $23,685,398

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,634,826

  Geo Method

  $34,171,368

• Alternative Use

  Use

  Valuation

  Residential

  $21,516,406

  Hospitality

  $19,708,912

  Educational

  $16,397,583

  Medical

  $16,961,522

  Retail

  $25,507,352

Location Insight

City

Arlington Heights

County

Cook

State

Illinois

Latitude

42.0484

Longitude

-87.9834

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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