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    120 West Higgins Road Hoffman Estates, IL 60195 Hoffman Estates, IL 60195

    Sponsored
    For Lease
    Contact for pricing

    0.41-acre commercial land, high visibility.

    Lot size:
    17,859 SF

    Description

    Added:
    Jan 16, 2025
    Days on Market:
    355
    This exceptional 0.41-acre land parcel presents a remarkable investment opportunity in the vibrant Hoffman Estates, Illinois market. Strategically located along the heavily trafficked West Higgins Road, this property boasts unparalleled visibility and accessibility, making it ideal for a diverse range of commercial or mixed-use developments. Its prime location within a thriving business district ensures strong foot traffic and easy access to major transportation arteries, including Interstate 90 and Sutton Road. This translates to significant advantages for businesses seeking to establish a strong presence in the northwest Chicago suburbs. The site's versatility allows for a variety of development options, from retail spaces to office buildings or professional service centers. The property's high-traffic location and proximity to key roadways guarantee exceptional exposure and convenience for any future development. This is a rare opportunity to acquire a highly desirable land parcel in a rapidly growing area, offering significant potential for long-term growth and return on investment. The address is 120 West Higgins Road, Hoffman Estates, IL 60195. This property is zoned for commercial and/or mixed-use development (zoning verification recommended).

    Property Features for 120 West Higgins Road Hoffman Estates, IL 60195

    General Information

    Property type
    Industrial land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,859 SF
    Elevators
    N/A

    HighLights

    • 0.41‑acre parcel in prime Hoffman Estates location.
    • High visibility on heavily trafficked West Higgins Road.
    • Excellent access to I‑90 and Sutton Road, plus thriving business district.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoffman Estates
    State
    Illinois
    Longitude
    -107.246687
    Latitude
    41.78954

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    FAQs

    What type of property is this?
    Industrial land - 0.41-acre commercial land, high visibility.
    Where is this industrial land located?
    The property is located at 120 West Higgins Road Hoffman Estates, IL 60195 Hoffman Estates, IL.
    What are key features of this property?
    This property features: 0.41-acre parcel in prime Hoffman Estates location.; High visibility on heavily trafficked West Higgins Road.; Excellent access to I-90 and Sutton Road, plus thriving business district.
    (773) 355-3040
    Request Owner's contact information
    120 West Higgins Road Hoffman Estates, IL 60195 Hoffman Estates, IL 60195
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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
    120 West Higgins Road Hoffman Estates, IL 60195 Hoffman Estates, IL 60195
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