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Office Suite with Open Work Area

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

For Lease
$20 SF/Yr

Private workspace is complemented by conference facilities and a shared kitchen.

Space SizeContact for details
Days on Market35

Property Features for 205-203 S Arlington Heights Road

General Information

Standard status Active

Space & Availability

Space Use Office
Private Offices 1
Meeting Rooms 1

Additional Details

Road Access Yes

Amenities

shared kitchen/conference area
Listing Agency: Coldwell Banker Realty
Listed By: Charles Groebe · License IL #475091121
Source: Exprealty
Added: Oct 7 Changed: Nov 6 Last Checked: Nov 8 at 8:27AM

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 suite pairs a private office with a sizable open work area and conference space. Building amenities include a shared kitchen, and HVAC is included; the tenant pays for electricity. The office building has undergone renovation and improvements, with accessible entry and drive-up parking.

The property is on S Arlington Heights Road, at the corner with George Street, and sits 1/2 block from the City Town Center.

Key Highlights

  • Private office, conference space, and a large open work area
  • Shared kitchen available to occupants
  • Renovated and improved office building

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

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 - Private workspace is complemented by conference facilities and a shared kitchen.
Where is this office unit located?
The property is located at 205-203 S Arlington Heights Road Arlington Heights, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Private office, conference space, and a large open work area; Shared kitchen available to occupants; Renovated and improved office building
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