Commercial Building in Arlington
505 E Golf Road, Arlington Heights, IL 60005
COMMERCIAL - Arlington Heights, IL
Type:Office
Property size:
8,000 SFLot size:
1.40 AcresPrice / SF:
$124/SF- Added:
- Feb 13, 2026
- Days on Market:
- 91
- Last Refresh:
- May 15 at 12:06 pm
Property Features for 505 E Golf Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- OFFIC
- Standard status
- Active Under Contract
- APN
- 08151000180000
- Size
- 8,000 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 100182
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1990
- Floors in Building
- 1
- Building materials
- Brick
Listing agent Tyler Lewke License #471002170 (847) 381-9500
Listing office Keller Williams Success Realty 43 E. Crystal Lake Ave., Barrington, IL (815) 444-6790
Listing date Feb 13, 2026
MLS# 12567411
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 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.
- Substantial basement space (c. 8,000 s.f.) with high ceilings, including finished meeting rooms, break rooms, and a kitchen.
- Well‑maintained building owned by the original builder since construction.
- Suitable for owner/user seeking to scale a business while generating rental income.
- Located next to the Gateway Project, a comprehensive redevelopment plan for the I‑90 access route.
Overview
This well-built and maintained commercial building, owned by its original builder, is located in a high-traffic corridor on Route 58/Golf Road in Arlington Heights, Illinois. The property is well-suited for an owner/user seeking to scale a business while generating rental income. Situated adjacent to major redevelopment projects, including the Gateway Project, a comprehensive redevelopment plan for the I-90 access route into Arlington Heights, the property benefits from its location. There are currently two major development projects underway or nearing completion within this area and a major development currently being planned almost directly across the street from this property. The building includes approximately 8,000 square feet of basement space featuring excellent ceiling height. Much of the basement is finished into meeting rooms, break rooms, and a kitchen. The property is situated on a lot of 1.4032 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Arlington Heights
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.701755
- Latitude
- 39.771706
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Well-maintained commercial building with income potential in high-traffic area.
Where is this office building located?
The property is located at 505 E Golf Road 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.; Substantial basement space (c. 8,000 s.f.) with high ceilings, including finished meeting rooms, break rooms, and a kitchen.
