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855 E Golf Rd, Arlington Heights, IL 60005

Office buildings

Property Size22,375 SF
Lot Size1.75 Acres
Days on Market52

Property Features for 855 E Golf Rd

General Information

Standard status Active
Size 22,375 SF
Lot size 1.75 Acres
Property subtype Office Medical
Occupancy 93%

Site & Location

Traffic Count 27,400 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Office Units 31

Amenities

22,500 Square Foot Well-Maintained Office Property on 1.75 Acres in an Established Suburban Corridor
95.6 Percent Leased Multi-Tenant Office with 30 Tenants, Offering Diversified Income and Strong In-Place Cash Flow
Near-Term Value-Add through Leasing Vacancy, Marking Rents to Market, and Extending Lease Terms
Diversified Tenant Mix with Micro-Suites Driving Small-User Demand and Occupancy
High-Visibility, Asset on Golf Road with Exposure to Approximately 27,400 Vehicles per Day

Building Details

Building Size 22,375 SF
Year Built 1985
Tenancy Multi
Listing Agency:
Listed By: Benjamin Kimmel · License #License(s): IL: 475.216794
Source: Marcusmillichap
Added: Jun 28 Changed: Aug 8 Last Checked: Aug 17 at 3:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benjamin Kimmel

Investment Insights

Based on property information with market context.

Key Highlights

  • 22,500‑SF multi‑tenant office property built in 1985
  • 95.6% occupied with 31 tenants across healthcare, insurance, and financial services
  • Shared 375‑SF conference room on‑site for tenant use

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Daycare Center

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

31
Office units
27,400 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,413
Businesses Nearby

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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Frequently Asked Questions

Where is this office building located?
The property is located at 855 E Golf Rd Arlington Heights, IL.
What are key features of this property?
This property features: 22,500‑SF multi‑tenant office property built in 1985; 95.6% occupied with 31 tenants across healthcare, insurance, and financial services; Shared 375‑SF conference room on‑site for tenant use
More about this property
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