825 Golf RdArlington Heights, IL 60005

Property Details for 825 Golf Rd

Year built

1983

Lot size

2.00 AC

Property type

Retail space

Property subtype

Storefront properties

APN

08-15-104-047

APU

815104047

Description

This exceptional two-story office building, totaling 30,000 square feet, is ideally situated at 825 E Golf Rd in Arlington Heights, IL, zip code 60005. Built in 1988, the property boasts a convenient location with excellent visibility and accessibility. The building features 135 parking spaces and elevators for easy access. Currently, there are multiple tenancies available, ranging from 586 to 16,207 square feet. The building is zoned OT in Cook County and is ready for immediate occupancy, particularly well-suited for medical practices. A significant advantage is its prior use and build-out by Advocate Medical Group, offering a head start for medical tenants. The property benefits from high traffic counts, with over 35,000 cars passing daily, due to its frontage along Golf Road and accessibility from South Meier Road. Its strategic location in the Northwest suburban Chicago market provides easy access to major transportation arteries including I-90, I-290, and Route 53 via the nearby four-way interchange at Arlington Heights Road and I-90. This presents a unique opportunity for businesses seeking a well-established, highly visible location in a thriving area. The building's adaptable space caters to a variety of office and medical needs.

• CAP approach

  CAP return

  Valuation

  6%

  $23,123,908

  6.5%

  $21,345,146

  7%

  $19,820,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,288,644

  Geo Method

  $28,595,398

• Alternative Use

  Use

  Valuation

  Residential

  $18,005,430

  Hospitality

  $16,492,877

  Educational

  $13,721,880

  Medical

  $14,193,796

  Retail

  $21,345,146

Location Insight

City

Arlington Heights

County

Cook

State

Illinois

Latitude

42.0508

Longitude

-87.9723

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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