10400 Higgins RdRosemont, IL 60018

Property Details for 10400 Higgins Rd

Year built

1972

Lot size

1.80 AC

Property type

Office buildings

APN

09-32-401-013

APU

932401013

Description

O'Hare Corporate Towers, a seven-story Class B office building, offers 106,175 square feet of traditional office space in a prime Rosemont, Illinois location. Built in 1972 and renovated in 1992, this multi-tenant property is situated at 10400 W Higgins Rd, zip code 60018, in Cook County. Its convenient location provides easy access to major transportation arteries, including O'Hare International Airport, Mannheim Road, I-90, and I-294, ensuring seamless commutes for employees and clients. The surrounding area boasts a variety of dining and shopping options, offering employees and visitors a wealth of amenities within close proximity. This well-maintained building presents a compelling opportunity for businesses seeking a strategic location and functional workspace in a vibrant commercial hub. The property's multiple tenancy structure provides flexibility for businesses of various sizes. This established building offers a blend of classic architecture and modern convenience, making it an attractive option for companies seeking a well-connected and accessible office space in the heart of Rosemont. The building's substantial square footage allows for a wide range of potential configurations to suit diverse business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $23,602,104

  6.5%

  $21,786,556

  7%

  $20,230,374

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,212,642

  Geo Method

  $10,212,642

• Alternative Use

  Use

  Valuation

  Residential

  $27,015,330

  Hospitality

  $24,745,898

  Educational

  $20,588,296

  Medical

  $21,296,360

  Retail

  $32,026,238

Location Insight

City

Rosemont

County

Cook

State

Illinois

Latitude

41.9994

Longitude

-87.8873

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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