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    3150 W Salt Crk Ln Arlington Heights, IL

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    For Sale
    $2,495,000

    36,671 SF office building in prime Arlington Heights location.

    Property size:
    36,671 SF
    Lot size:
    3.16 Acres

    Property Features for 3150 W Salt Crk Ln

    General Information

    Size
    36,671 SF
    Lot size
    3.16 Acres

    Source: NAI Hiffman | Oakbrook Terrace Agent Tom Gnadt

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

    Overview

    Arlington Heights Office Building For Sale

    Built in 1980, this single-story office building encompasses 36,671 square feet on a 3.21-acre lot. The property, occupied by Lutheran Life Communities since 2006, features an efficient layout, a storage area, and high-end finishes throughout. Recent improvements to the roof and parking lot minimize major capital expenses for a new buyer. The property offers an opportunity for an owner/user to purchase an office building. The layout also allows a user to lease a portion of the space for additional income while occupying the remainder. The property is in a prime location with access to Illinois Route 53 and is minutes from downtown Arlington Heights and a 10-minute drive to Woodfield Mall. It is also near the Arlington Park Metra station. The parking ratio is 2.9 per 1,000 square feet. The median household income is $112,195. The property backs up to a future Chicago Bears development. The property is available for sale and will be delivered vacant.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    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?
    Office building - 36,671 SF office building in prime Arlington Heights location.
    Where is this office building located?
    The property is located at 3150 W Salt Crk Ln Arlington Heights, IL.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Owner/user opportunity with option to lease out a portion of the space for additional income.; - Prime location with access to IL Route 53 and proximity to downtown Arlington Heights.; - Recent roof and parking lot work limits major capital expenses.
    (630) 932-1234
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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
    3150 W Salt Crk Ln Arlington Heights, IL
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