415 Golf RdArlington Heights, IL 60005

Property Details for 415 Golf Rd

Year built

1991

Lot size

0.94 AC

Property type

Retail space

APN

08-15-100-011

APU

815100011

Description

This single-story, Class B Golf Corporate Center in Arlington Heights, IL offers diverse commercial space options. With a total of 29,876 square feet, the property features multiple tenancies, ranging from a minimum divisible space of 200 square feet to a maximum contiguous space of 3,027 square feet. Currently, 14,456 square feet are vacant. The building, renovated in 2017, boasts convenient amenities including 24-hour access, tenant-controlled HVAC, high-speed internet and TV access via Comcast, and on-site FedEx and UPS drop boxes. Its M-2 zoning allows for a variety of uses, including medical office, warehouse, flex space, manufacturing, R&D, coworking, executive office, and traditional office spaces. The property enjoys a prime location on Golf Road, between Arlington Heights and Algonquin Road, with easy access to Route 53 and I-90. A Pace bus stop is conveniently located on-site, and restaurants and hotels are within walking distance. A new parking lot, roof, and landscaping enhancements were completed in 2017. Model suites are available for immediate occupancy. Overflow warehouse/storage/flex spaces are also available.

• CAP approach

  CAP return

  Valuation

  6%

  $10,884,322

  6.5%

  $10,047,066

  7%

  $9,329,419

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,491,166

  Geo Method

  $13,459,728

• Alternative Use

  Use

  Valuation

  Residential

  $8,475,076

  Hospitality

  $7,763,124

  Educational

  $6,458,828

  Medical

  $6,680,958

  Retail

  $10,047,066

Location Insight

City

Arlington Heights

County

Cook

State

Illinois

Latitude

42.051

Longitude

-87.9784

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].