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505 E Golf Road Arlington Heights, IL 60005

View on Map
For Sale
Under Contract
$995,000

COMMERCIAL - Arlington Heights, IL

Type:Office
Property size:
8,000 SF
Lot size:
1.40 Acres
Added:
Feb 13, 2026
Days on Market:
47
Last Refresh:
Apr 1 at 9:06 am

Property Features for 505 E Golf Road

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
OFFIC
Standard status
Active Under Contract
APN
08151000180000
Size
8,000 SF
Lot size
1.40 Acres

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
100182

Utilities

Cooling system
Central Air

Building Details

Year built
1990
Floors in Building
1
Building materials
Brick

We can help!

Listing Contact
Tyler Lewke
Tyler Lewke

Listing agent Tyler Lewke License #471002170

Listing office Keller Williams Success Realty 43 E. Crystal Lake Ave., Barrington, IL

Listing date Feb 13, 2026

MLS# 12567411

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.


Overview

Commercial Building in Arlington Heights

This well-built and maintained commercial building, owned by its original builder, is located in a high-traffic corridor on Route 58/Golf Road in Arlington Heights, Illinois. The property is well-suited for an owner/user seeking to scale a business while generating rental income. Situated adjacent to major redevelopment projects, including the Gateway Project, a comprehensive redevelopment plan for the I-90 access route into Arlington Heights, the property benefits from its location. There are currently two major development projects underway or nearing completion within this area and a major development currently being planned almost directly across the street from this property. The building includes approximately 8,000 square feet of basement space featuring excellent ceiling height. Much of the basement is finished into meeting rooms, break rooms, and a kitchen. The property is situated on a lot of 1.4032 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

FAQs

What type of property is this?
Office building - Well-maintained commercial building with income potential in high-traffic area.
Where is this office building located?
The property is located at 505 E Golf Road Arlington Heights, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Significant tax reduction achieved through owner's appeal (financials available).; Prime location in a high‑traffic corridor (Rt 58/Golf Rd) adjacent to major redevelopment projects.; Substantial basement space (c. 8,000 s.f.) with high ceilings, including finished meeting rooms, break rooms, and a kitchen.
More about this property
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