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29774598
29774599

505 E Golf Rd, Arlington Heights, IL 60005

FP
471.004704
$995,000
116 days on market
Updated 116 days ago

Arlington Office Center

Details
Property Type Office
Sub Type Executive Office, Traditional Office

Office

Marketing description

This well built and well maintained building has been owned by its original builder since the day it was built. It's very well suited to an owner/user who values the range of options it provides to scale a business while also generating rental income to offset occupancy costs. The building is located in a high traffic corridor on Rt 58/Golf Rd and is adjacent to major redevelopment projects currently underway in this section of Arlington Heights. The Bears aren't the only ones who've made a big investment in Arlington Heights! The Gateway Project, which is immediately next door to this property is a comprehensive redevelopment plan for the I-90 access route into Arlington Heights. There are currently two major development projects underway or nearing completion within this area and a major development currently being planned (Urban Street) almost directly across the street from this property. This is a solid property to own today and will only grow in value as the many adjacent developments are completed. This building also includes c. 8,000 s.f. of basement space, all of which features excellent ceiling height and much of which is finished into meeting rooms, break rooms, a kitchen, etc.

Investment highlights

  • Prime office spce in activel developing area of Arlington Heights

  • Large 8,000 sq ft asement with kitchen/reak room, conference room, and tons of storage. 10 foot ceiling height!

  • 234 feet of frontage on us Golf Road

  • Close to I-90 with access to Route 53

  • Adjacent to Arlington Heights Gatewa Area

  • Across Golf Rd from to-e-developed Uran treet

  • 3 miles to Woodfield

  • 17 minutes to O'Hare

  • 8 large suites that can e comined or divided as needed

  • Lots of options to grow the space ou occup or our rental income

  • Perfect location for our growing usiness

  • Great opportunit to own our own office space while generating income

  • ome suites availale for immediate use

  • Low maintenance masonr construction

Listing Contacts

FP
471.004704

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