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505 E Golf Rd Arlington Heights, IL 60005

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For Sale
$995,000

Well-maintained office building with income potential in high-traffic location.

Lot size:
61,122.00 Acres

Property Features for 505 E Golf Rd

General Information

Standard status
Active
Zoning
OFFIC
Lot size
61,122.00 Acres

Building Details

Year built
1990

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Listing Contact
Tyler Lewke
Tyler Lewke
Source: Crexi

Listing Agency: Lewke Partners | Keller Williams Success Realty Listing Agent: Tyler Lewke

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Arlington Heights Office Building For Sale

This well-maintained building, owned by its original builder, is suited to an owner/user who values the range of options it provides to scale a business while also generating rental income. The building is located in a high traffic corridor on Rt 58/Golf Rd and is adjacent to major redevelopment projects currently underway in this section of Arlington Heights. The Gateway Project, which is immediately next door to this property is a comprehensive redevelopment plan for the I-90 access route into Arlington Heights. There are currently two major development projects underway or nearing completion within this area and a major development currently being planned (Urban Street) almost directly across the street from this property. The building includes approximately 8,000 square feet of basement space, all of which features excellent ceiling height and much of which is finished into meeting rooms, break rooms, and a kitchen.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Arlington Heights
County
Sangamon
State
Illinois
Longitude
-89.701755
Latitude
39.771706

FAQs

What type of property is this?
Office building - Well-maintained office building with income potential in high-traffic location.
Where is this office building located?
The property is located at 505 E Golf Rd Arlington Heights, IL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: - Significant tax reduction achieved through owner's appeal (financials available).; - Prime location in a high-traffic corridor (Rt 58/Golf Rd) adjacent to major redevelopment projects.; - Excellent opportunity for owner/user to scale a business and generate rental income.
More about this property
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