2600 Forbs AveHoffman Estates, IL 60192

Property Details for 2600 Forbs Ave

Year built

2007

Lot size

18.99 AC

Property type

Retail space

Property subtype

Storefront properties

APN

01-32-401-008

APU

132401008

Description

This exceptional 90,000-square-foot Class A facility, situated on a 19.43-acre lot within the prestigious Prairie Stone Business Park in Hoffman Estates, Illinois, presents a unique investment opportunity. The building boasts a highly desirable combination of warehouse and R&D space, perfectly suited for a variety of uses. The layout includes approximately 62,500 square feet on the first floor, 12,500 square feet on the second floor, and 15,000 square feet in the lower level. A significant portion, 21,153 square feet, is specifically designed for warehouse and R&D operations. The property features a substantial 27-foot clear height, providing ample vertical space for storage or specialized equipment. Ample parking is available with 167 spaces, expandable to approximately 300. The building also includes two truck-level docks, expandable to accommodate future growth. The robust electrical service of 3,000 amps, 277/480 volts, ensures power needs are met. The entire facility is fully air-conditioned for optimal comfort and operational efficiency. Benefitting from excellent visibility and immediate access to I-90 via two interchanges, this location offers unparalleled convenience. The property is only 20 miles from O'Hare Airport, further enhancing its strategic appeal. The sale price is subject to offer. This state-of-the-art R&D/tech facility offers a compelling combination of size, location, and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $219,561,408

  6.5%

  $202,672,064

  7%

  $188,195,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $211,630,560

  Geo Method

  $271,513,184

• Alternative Use

  Use

  Valuation

  Residential

  $170,961,472

  Hospitality

  $156,599,792

  Educational

  $130,289,184

  Medical

  $134,770,032

  Retail

  $202,672,064

Location Insight

City

Hoffman Estates

County

Cook

State

Illinois

Latitude

42.0691

Longitude

-88.2001

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].