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Medical Office Suites with Atrium
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505 E Golf Road, Arlington Heights, IL 60005

Commercial Lease, Arlington Heights, IL

Space Size1,577 SF - 7,502 SF
Days on Market34

Property Features for 505 E Golf Road

General Information

Property type Commercial Lease
Property subtype Office
Directions Golf Road, east of Arlington Heights Road. Property is located on the north side of Golf Road.
Subdivision Arlington Heights
Standard status Active
APN 08151000180000

Taxes and HOA fees

Tax Annual Amount 95381

Utilities

Cooling system Central Air

Amenities

renovated common areas
glass atrium
upgraded signage
monument sign
refreshed landscaping
exterior enhancements
storage space

Building Details

Year built 1990
Floors in Building 1
Number of units 4
Listing Agency: Leading Edge Realty Advisors
Listed By: Christopher Demas · License #471019127
Added: Jul 21 Changed: Aug 20 Last Checked: Aug 23 at 5:06AM
MLS# 12711430

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.

Investment Insights

Based on property information with market context.

This medical office property offers divisible suites from 1,577 to 7,502 SF, with options for medical, dental, behavioral health, wellness, and professional office users. The 1990 building has central air and is receiving substantial improvements, including updated common areas, a glass atrium, refreshed landscaping, exterior work, and upgraded signage. Lower-level finished and unfinished storage is also available, with 10-foot ceilings.

The property fronts Golf Road in a commercial corridor with approximately 29,800 vehicles passing daily. It is across from the future Urban Street development and next to the Arlington Heights Gateway Redevelopment Area. I-90 is approximately 3 minutes away, while O'Hare International Airport is approximately 17 minutes away. Abundant on-site parking supports staff and visitors.

Key Highlights

  • Divisible medical office suites range from 1,577 to 7,502 SF
  • Glass atrium, renovated common areas, landscaping, exterior work, and upgraded signage
  • Approximately 29,800 vehicles pass the site daily on Golf Road

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

916
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60005, IL

30,221
Population
13,511
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
94%
High-School Grad
6.6 sq mi
ZIP Area
4,579
Density / Sq Mi
$100,304
Median Household Income
$62,323
Median Earnings
$1,621
Median Rent
$376,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Divisible suites offer a professional setting for medical, wellness, and office users with central air and on-site parking.
Where is this medical office space located?
The property is located at 505 E Golf Road Arlington Heights, IL.
What are key features of this property?
This property features: Divisible medical office suites range from 1,577 to 7,502 SF; Glass atrium, renovated common areas, landscaping, exterior work, and upgraded signage; Approximately 29,800 vehicles pass the site daily on Golf Road
More about this property
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