Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Busy Center Title is generated by Realmo AI

    1015 W GOLF Road, Hoffman Estates, IL 60169

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Hoffman Estates, IL

    Type:Retail
    Property size:
    4,018 SF
    Added:
    Feb 23, 2026
    Days on Market:
    82
    Last Refresh:
    May 16 at 6:06 pm

    Property Features for 1015 W GOLF Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    COMMR
    Standard status
    Active
    Size
    4,018 SF

    Taxes and HOA fees

    Tax Year
    2024

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    1

    We can help!

    Listing Contact
    Albert Presco

    Listing agent Albert Presco License #475127634

    Listing office GMC Realty LTD 150 S. Bloomingdale Rd Ste.1, Bloomingdale, IL

    Listing date Feb 23, 2026

    MLS# 12575301

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑Traffic Location: Situated in a very busy center on Golf Road, ensuring excellent visibility and customer flow.
    • Size and Expandability: 2518 SqFt of retail space, expandable to 4018 SqFt, offering flexibility for business growth.
    • Established Retail Center: Located within a center with diverse businesses, including Patel Jewelers, Falafil Hut, and more, attracting a wide customer base.
    • Former Montessori School: Adaptable space previously used as a school, potentially suitable for various retail or service businesses.
    • Central Air Conditioning: Equipped with central air conditioning for comfortable environment.
    • Established Building: Built in 1970, indicating a potentially well‑established location.

    Overview

    This retail space, formerly a Montessori school, offers 2518 square feet of space, with the potential to expand to 4018 square feet. It is situated in a busy center located on Golf Road in Hoffman Estates, Illinois. Other businesses in the center include Patel Jewelers, Falafil Hut, Browns Chicken, Baby Vegas Gaming, Taste of Thai, Mumba Cafe, B's Bar, and Hot Breads. The property is zoned COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kripa Montessori School ... High School

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hoffman Estates
    County
    Cook
    State
    Illinois
    Longitude
    -88.104665
    Latitude
    42.0473872

    Nearby Similar for Lease

    • Sponsored
      $129-$3,166/Mo
      11-1,292 SF

      IL, Hoffman Estates - Prairie Stone Pkwy

      5400 Prairie Stone Pkwy, Hoffman Estates, IL 60192
      View Details
    • Sponsored
      $129-$3,654/Mo
      11-1,292 SF

      IL, Hoffman Estates - Forbs Ave

      2815 Forbs Ave, Unit 107, Hoffman Estates, IL 60192
      View Details
    • Contact for pricing

      Hoffman Estates Neighborhood Shopping Center

      Neighborhood shopping center with ample parking and fenced area.
      1471-1473 Glen Lake Road, Hoffman Estates, IL 60169
      View Details
    • Contact for pricing

      Retail Space in Busy Center

      1500 SqFt retail space in a busy Hoffman Estates center.
      1013 W GOLF Road, Hoffman Estates, IL 60169
      View Details
    • $10 SF/Yr
      57,548 SF

      Hoffman Estates Office/Medical Space Available

      Well-maintained office/medical buildings near I-90 and St. Alexius Hospital.
      3100 & 3150 W. Higgins Road, Hoffman Estates, IL 60169
      View Details
    • $850/Mo
      180 SF

      Downtown West Dundee Office Suites

      Two recently renovated office suites available for rent.
      106 W Main St, West Dundee, IL
      View Details
    • $18 SF/Yr
      20,576 SF

      Medical Office Suites in Hoffman Estates

      Move-in-ready medical suites in Hoffman Estates' medical corridor.
      2260 West Higgins Road, Hoffman Estates, IL 60169
      View Details
    • $17 SF/Yr
      99,903 SF

      Class A Medical Office Building

      Four-story medical office building with modern finishes and abundant parking.
      1600 North Randall Road, Elgin, IL 60123
      View Details
    • $20 SF/Yr
      52,400 SF

      Retail Space in Lake Zurich

      Retail property in established Lake Zurich retail corridor for lease.
      41 - 193 South Rand Road, Lake Zurich, IL 60047
      View Details
    • $25 SF/Yr

      Dental Office Condo for Lease

      Turn-key dental office condo in Hoffman Estates for lease.
      1585 Barrington Road, Suite 301, Hoffman Estates, IL 60169
      View Details
    • Contact for pricing
      90,000 SF

      Class A Facility in Hoffman Estates

      90,000 SF Class A facility in Prairie Stone Business Park.
      2600 Forbs Ave, Hoffman Estates, IL 60192
      View Details
    • Contact for pricing
      4,665 SF

      Retail Building Near I-90 Interchange

      4,665 SF building on 0.80 acres near I-90.
      2550 Sutton Road, Hoffman Estates, IL, 60192
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in a busy Hoffman Estates center.
    Where is this retail space located?
    The property is located at 1015 W GOLF Road Hoffman Estates, IL.
    What are key features of this property?
    This property features: High‑Traffic Location: Situated in a very busy center on Golf Road, ensuring excellent visibility and customer flow.; Size and Expandability: **2518 SqFt of retail space, expandable to 4018 SqFt**, offering flexibility for business growth.; Established Retail Center: Located within a center with diverse businesses, including Patel Jewelers, Falafil Hut, and more, attracting a wide customer base.
    (630) 994-3200
    We can help!
    Listing Contact
    Albert Presco
    Real Estate License ID: 475127634
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1015 W GOLF Road, Hoffman Estates, IL 60169
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!