1450 Busch PkwyBuffalo Grove, IL 60089

Property Details for 1450 Busch Pkwy

Lot size

6.37 AC

Property type

Commercial real estate

APN

15-26-306-008

APU

1526306008

Description

This exceptional single-story medical office building, located at 1450 Busch Parkway in Buffalo Grove, Illinois, offers 64,860 square feet of Class B space. Built in 2005, the property sits on a generous 6.37 acres of land in Lake County and features multiple tenancies. Currently, there are four available medical office suites ranging in size from 1,906 square feet to 8,105 square feet, perfect for a variety of medical practices. The building's convenient location in Buffalo Grove, with its zip code 60089, provides excellent accessibility for patients and staff. The property's single-story design ensures ease of navigation and accessibility for all. This is an outstanding opportunity to establish or expand your medical practice in a well-maintained and strategically located building. The ample space and flexible suite sizes allow for customization to meet the specific needs of various medical specialties. The property's substantial size and prime location make it an attractive investment for those seeking a strong presence in the thriving Buffalo Grove medical market. Interested parties are encouraged to inquire about the available suites and explore the possibilities this exceptional property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $56,782,000

  6.5%

  $52,414,200

  7%

  $48,670,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,170,300

  Geo Method

  $36,141,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $106,488,000

  Retail / Commercial

  $53,961,000

  Mixed-Use / Specialty

  $53,260,200

  Hospitality / Lodging

  $38,413,300

  Office

  $52,414,200

  Institutional / Educational

  $55,187,400

  Residential Income

  $64,569,200

  Multifamily

  $80,259,700

  Automotive / Energy

  $47,303,500

  Parking / Income-Based Land

  $16,826,200

  Restaurant / Food Service

  $26,615,900

  Healthcare / Senior Housing

  $55,138,700

Location Insight

City

Buffalo Grove

County

Lake

State

Illinois

Latitude

42.1727

Longitude

-87.926

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].