3409 Kirchoff RdRolling Meadows, IL 60008

  • Commercial real estate
  • 0.61 AC
For Sale
$1,499,900 View listing

Property Details for 3409 Kirchoff Rd

Year built
2004
Lot size
0.61 AC
Property type
Commercial real estate
APN
02-36-105-053
APU
236105053

Description

This exceptional Class A office building, located at 3409 Kirchoff Rd in Rolling Meadows, Illinois (60008), presents a compelling investment opportunity. The property, built in 2004, boasts 12,676 square feet across eight units, currently enjoying an 80% occupancy rate. The asking price is $1,499,900, translating to a price per square foot of $118.33. The building features a modified lease type and multi-tenant occupancy, offering diverse income streams. Its prime location, just off the 290 Extension and busy Kirchoff Road, benefits from excellent visibility thanks to a prominent monument sign. The property is situated near major tenants including Chase, Jewel, and McDonald's, ensuring high traffic and visibility. Amenities include ample parking and the convenience of nearby Village Hall and Library. The building's versatile design accommodates creative, medical, and traditional office spaces, providing flexibility for a range of tenants. One unit is currently available for lease. The property's APN is 02361050540000. This is a rare opportunity to acquire a well-maintained, high-performing office building in a thriving location with significant growth potential. Condominiums are located above the office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,507,810
    Hospitality
    $5,045,125
    Educational
    $4,197,484
    Medical
    $4,341,842
    Retail
    $6,529,420

Location Insight

City
Rolling Meadows
County
Cook
State
Illinois
Latitude
42.0792
Longitude
-88.0239
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$1
$1
$2
-
$4
$4
$8

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].