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5 East College Dr Arlington Hts, IL 60004

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For Sale
$1,600,000

15,000 SF office building with high occupancy near Chicago.

Property size:
15,000 SF

Property Features for 5 East College Dr

General Information

Size
15,000 SF

Building Details

Year built
1979

Source: Ronald Weissenhofer Agent Ronald Weissenhofer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Arlington Heights Office Building Investment

This 15,000 SF office building, constructed in 1979, is located in the Chicago area and contains 20 units. The property's M-1 zoning allows for varied office uses. The building features a multi-story atrium and offers high-speed internet access. Tenant-controlled HVAC and 24-hour access are available. The property benefits from ample parking and proximity to hotels and restaurants. It provides convenient access to Route 53 and I-294. The building has a 99.4% occupancy rate, indicating strong tenant demand and a stable income stream. The location offers convenient access to major transportation routes. The Arlington Heights downtown area, dining options, and entertainment destinations are nearby. The area has a strong local economy and job market. The landlord occupies part of the building, positioning it as a prime opportunity for office building investment.
Location Intelligence

Current Use by Public Records

V Z & Y ... Home Health Care Service Compass, Inc. Human Resource Consulting ACLAT, Inc. Human Resource Consulting Total Security Group, ... Security System Supplier

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Arlington Hts
County
Cook
State
Illinois
Longitude
-87.9827011
Latitude
42.1301242

FAQs

What type of property is this?
Office building - 15,000 SF office building with high occupancy near Chicago.
Where is this office building located?
The property is located at 5 East College Dr Arlington Hts, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - High occupancy rate: 99.4% occupancy demonstrates strong tenant demand.; - Prime location: Convenient access to Route 53 and I-294.; - M-1 zoning: Provides flexibility for a variety of office uses.
More about this property
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