3150 W Salt Creek Ln, Arlington Heights, IL

Listing office NAI Hiffman | Oakbrook Terrace a***@hiffman.com Show Phone

Listing date Nov 21, 2023

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Overview

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.

Map

City

Arlington Heights

County

Sangamon

State

Illinois

Longitude

-89.6503

Latitude

39.8006

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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 Creek 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.