9550 Higgins RdRosemont, IL 60018

Property Details for 9550 Higgins Rd

Year built

2002

Lot size

2.26 AC

Property type

Office buildings

APN

12-03-100-029

APU

1203100029

Description

This Class A, 270,512 square foot office building, known as Pointe O'Hare, offers multiple executive office suites for lease in Rosemont, Illinois. Located at 9550 W Higgins Rd, 60018, this Cook County property provides unparalleled convenience with its prime location at the intersection of I-294 and I-90, just five minutes from O'Hare International Airport and three minutes from the CTA Blue Line. The building features six total suites, with four currently available, ranging from 1,703 to 11,736 contiguous square feet. A minimum of 1,703 square feet is divisible, offering flexibility for various business needs. Currently, 24,660 square feet of space is vacant. Tenants enjoy the benefit of a covered parking deck and a shuttle service to and from O'Hare Airport and the Rosemont Blue Line station. The building's proximity to the Hyatt Rosemont and numerous restaurants adds to its appeal. This exceptional location within a thriving commercial corridor makes Pointe O'Hare the ideal choice for businesses seeking a prestigious and easily accessible office space.

• CAP approach

  CAP return

  Valuation

  6%

  $29,633,872

  6.5%

  $27,354,344

  7%

  $25,400,462

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,822,592

  Geo Method

  $12,822,592

• Alternative Use

  Use

  Valuation

  Residential

  $33,919,388

  Hospitality

  $31,069,976

  Educational

  $25,849,854

  Medical

  $26,738,870

  Retail

  $40,210,884

Location Insight

City

Rosemont

County

Cook

State

Illinois

Latitude

41.9936

Longitude

-87.8644

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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