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Office Unit with Open Workspace

203 S Arlington Heights Road #205, Arlington Heights, IL 60005

For Lease
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A private office and conference area accompany an open work area, with shared kitchen access.

Space SizeContact for details
Days on Market9

Property Features for 203 S Arlington Heights Road #205

General Information

Standard status Active

Space & Availability

Space Use Office
Private Offices 1
Meeting Rooms 1

Amenities

shared kitchen/conference area
handicapped accessibility

Building Details

Year Built 1990
Stories 1
Units 5
Listing Agency: Coldwell Banker Realty
Listed By: Charles Groebe · License #475091121
Source: Icandyrealty
Added: Oct 30 Changed: Nov 6 Last Checked: Nov 6 at 2:24PM

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 Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This office unit combines a private office with a conference area and a large open work zone that can be divided with partitions. Building improvements include a shared kitchen and conference space, and HVAC is included in the rent. The tenant pays for electricity and a common allocation fee applies to amenities.

The building is on S Arlington Heights Road, with corner access from George Street and drive-up parking. It is 1/2 block from the City Town Center and has handicapped accessibility.

Key Highlights

  • Recently renovated office building, originally built in 1990
  • Private office, conference area, and large open workspace
  • Shared kitchen and conference amenities

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Pharmacy Auto Repair Shop Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

1,285
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

Properties on Market for Office Units in Sangamon County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - A private office and conference area accompany an open work area, with shared kitchen access.
Where is this office unit located?
The property is located at 203 S Arlington Heights Road #205 Arlington Heights, IL.
What are key features of this property?
This property features: Recently renovated office building, originally built in 1990; Private office, conference area, and large open workspace; Shared kitchen and conference amenities
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