2815 Forbs AveHoffman Estates, IL 60192

Property Details for 2815 Forbs Ave

Year built

2007

Lot size

9.01 AC

Property type

Retail space

Property subtype

Storefront properties

APN

01-33-300-008

APU

133300008

Description

This exceptional Class A office space, located at 2815 Forbs Avenue, Suite 107, Hoffman Estates, IL 60192, offers a variety of flexible options within a 12,924 square foot building. The property, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. The building boasts an impressive glass entrance, large windows providing ample natural light in each suite, and a convenient business lounge. Situated in Cook County, this low-rise building offers easy access to O'Hare International Airport and benefits from excellent road and rail connections to Chicago. The location is ideally situated near a shopping center and a flagship hotel, providing added convenience. Amenities include elevators. The property is categorized as Executive Office, Coworking, and Creative Office space, suitable for a range of professional needs. This prime location combines the tranquility of a scenic forest preserve setting with the accessibility of a major metropolitan area. The building's modern design and convenient amenities make it an ideal choice for businesses seeking a productive and comfortable work environment. Contact us today to explore leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $104,173,312

  6.5%

  $96,159,984

  7%

  $89,291,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $100,410,440

  Geo Method

  $128,822,400

• Alternative Use

  Use

  Valuation

  Residential

  $81,114,544

  Hospitality

  $74,300,488

  Educational

  $61,817,132

  Medical

  $63,943,116

  Retail

  $96,159,984

Location Insight

City

Hoffman Estates

County

Cook

State

Illinois

Latitude

42.0727

Longitude

-88.1975

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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