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    505 E Golf Rd Arlington Heights, IL 60005

    For Lease
    $12 SF/Yr

    Commercial Lease - Arlington Heights, IL

    Days on Market:
    138
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 505 E Golf Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OFFIC

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1990
    Architectural style
    Other

    Keller Williams Success Realty (815) 444-6790 [email protected]

    Listing agent Tyler Lewke (815) 444-6790 License #471002170

    Listing date Jul 23, 2025

    MLS# 12338989 Listing URL

    Copyright © 2025 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.

    Overview

    Arlington Heights Office Space Available

    Available for lease is 1500-9000 square feet of modern, single-story professional office space. The property features multiple units that offer potential for flexible floor plans. A light-filled atrium provides exterior access and connects the office units. The current layout includes open-plan desk configurations, front desk areas, and private offices. Signage space is available in a location with high traffic volume on Route 58/Golf Road. The property includes a large private parking lot with 69 spaces, and basement storage is available. The location provides convenient access to I-90, Route 53/290, and the upcoming I-490 western bypass. The surrounding area offers dining, lodging, and retail options, as well as quick access to O'Hare International Airport. The property is zoned for office use in Arlington Heights, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington Heights
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.701755
    Latitude
    39.771706

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    FAQs

    What type of property is this?
    Office space - Modern office space with flexible plans and convenient location.
    Where is this office space located?
    The property is located at 505 E Golf Rd Arlington Heights, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Competitive rates on flexible office space (1500-9000 sq ft) with multiple unit options.; - High-traffic location on Route 58/Golf Rd with great signage opportunities.; - Ample parking with 69 spaces and basement storage available.
    (815) 444-6790
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    Arlington Heights, IL 60005
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    Realmo Value Estimation

    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.

    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.

    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
    505 E Golf Rd Arlington Heights, IL 60005
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