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    2304-2350 W Higgins Rd Hoffman Estates, IL 60169

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    For Lease
    $16 SF/Yr ($3,980 /Mo)

    Adaptable space suitable for various business types in a prime location.

    Property size:
    2,985 SF
    Lot size:
    14.39 Acres

    Property Features for 2304-2350 W Higgins Rd

    General Information

    Size
    2,985 SF
    Lot size
    14.39 Acres

    Source: XR Advisors Agent Christine Simek

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

    Overview

    Versatile Space in Hoffman Estates

    This property, located in Hoffman Estates, Illinois, offers a versatile space suitable for medical, health and wellness, med spa, salon services, office, or retail use. The property is situated in the Northwest Suburbs, near the I-90 interchange and Barrington Road, surrounded by popular and well-trafficked retail and restaurants. The available space measures 2985 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    County
    Cook
    State
    Illinois
    Longitude
    -88.1368474
    Latitude
    42.0589501

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    FAQs

    What type of property is this?
    Retail space - Adaptable space suitable for various business types in a prime location.
    Where is this retail space located?
    The property is located at 2304-2350 W Higgins Rd Hoffman Estates, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location surrounded by popular retail and restaurants; - Ideal for medical, health and wellness, med spa, salon services, office, or retail businesses; - Located in the Northwest Suburbs
    (847) 239-7500
    Request Owner's contact information
    2304-2350 W Higgins Rd Hoffman Estates, IL 60169
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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
    2304-2350 W Higgins Rd Hoffman Estates, IL 60169
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