Building Details

Year Built 1980

Listing Agency: TWINS REALTY LLC Show Phone

Listed By: ROBERT KLAIRMONT · License #471008692

Source: Corcoran

Added: Apr 23, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:36AM

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Investment Insights

Based on property information with market context.

Located in Arlington Heights, this property offers both office and retail spaces for rent. The property is suitable for either office or retail use.

Key Highlights

• Office and retail spaces available
• Located in Arlington Heights
• Property built in 1980

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Law Office of Louis ... Tax Preparation AH Family Dentistry Dental Office Dr. Robert A. Rein, ... Dental Office Counseling Center of Illinois Counselor Chicago Counseling EMDR ... Counselor

Suggested Use

Top Pick Daycare Center Garden Center (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.55 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

558

Businesses Nearby

Explore this area Business Placement

Demographics for 60005, IL

30,221

Population

13,511

Households

2.2

Avg Household Size

43

Median Age

57%

College-Educated

94%

High-School Grad

6.6 sq mi

ZIP Area

4,579

Density / Sq Mi

$100,304

Median Household Income

$62,323

Median Earnings

$1,621

Median Rent

$376,200

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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1,956 sqft

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1500 W Shure Dr, Arlington Hts, IL

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14,939 sqft

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Frequently Asked Questions

What type of property is this?

Office unit - Office and retail spaces available for lease in Arlington Heights.

Where is this office unit located?

The property is located at 115 S Wilke Road Arlington Hts, IL.

What is the lease rate?

The lease rate is $17 SF/Yr.

What are key features of this property?

This property features: Office and retail spaces available; Located in Arlington Heights; Property built in 1980