1130 Lake Cook RdBuffalo Grove, IL 60089

  • Commercial real estate
  • 5.68 AC
For Lease
$14/SF/YR View listing

Property Details for 1130 Lake Cook Rd

Lot size
5.68 AC
Property type
Commercial real estate
APN
15-32-308-007
APU
1532308007

Description

1130 Lake Cook Road in Buffalo Grove, IL, offers exceptional Class A office space within the prestigious Buffalo Grove Business Park. This three-story building, constructed in 1986, boasts a total of 66,842 square feet, with 30,958 square feet currently available for lease. Multiple tenancy options are available, ranging from a minimum of 1,749 square feet to a maximum contiguous space of 7,711 square feet. The building provides ample parking with a ratio of 3.6 spaces per 1,000 square feet. Its strategic location near the intersection of West Lake Cook Road and Arlington Heights Road offers convenient access to major transportation arteries, including the Tri-State Tollway (I-294), Route 53, and the Kennedy Expressway (I-90). The property benefits from its proximity to upscale residential areas and a wealth of retail amenities, making it an ideal location for businesses seeking a thriving and convenient environment. Located in Lake County, Illinois, with a zip code of 60089, this property presents a unique opportunity for businesses seeking high-quality office space in a desirable suburban setting.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $51,135,460
    Hospitality
    $46,839,808
    Educational
    $38,970,172
    Medical
    $40,310,416
    Retail
    $60,620,264

Location Insight

City
Buffalo Grove
County
Lake
State
Illinois
Latitude
42.1559
Longitude
-87.9809
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$185,586
$555,848
$857,161
$1,413,009
-
$1,667,711
$2,571,740
$4,239,451

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