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    1614 W Central Rd Arlington Heights, IL

    For Lease
    $33 SF/Yr ($2,786 /Mo)

    Medical office space for rent near Northwest Community Hospital.

    Property size:
    984 SF
    Lot size:
    1.71 Acres

    Property Features for 1614 W Central Rd

    General Information

    Size
    984 SF
    Lot size
    1.71 Acres

    Source: Hamilton Partners - Corporate Agent Mark Hamilton

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

    Overview

    Medical Office Space Available

    This property, an atrium medical building, is undergoing exterior and interior renovations. It is located 400 yards from Northwest Community Hospital on Central. The property features outstanding parking and a new HVAC system. The available office space is 984 square feet.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    March Animal Hospital, March Animal Hospital: Feucht Erin DVM, Dr. Silvana Beloiu

    Map

    City
    Arlington Heights
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.650338
    Latitude
    39.800566

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    FAQs

    What type of property is this?
    Medical office - Medical office space for rent near Northwest Community Hospital.
    Where is this medical office located?
    The property is located at 1614 W Central Rd Arlington Heights, IL.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - Strategically located, **400 Yards from Northwest Community Hospital**; - **Atrium Medical Building** offering a prime location; - **Outstanding Parking** for staff and visitors
    (630) 250-9700
    Request Owner's contact information
    1614 W Central Rd Arlington Heights, IL
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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
    1614 W Central Rd Arlington Heights, IL
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