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    2600 Forbs Ave Hoffman Estates, IL 60192

    Sponsored
    For Sale
    Contact for pricing

    90,000 SF Class A Warehouse/R&D

    Property size:
    90,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 90,000-square-foot Class A facility, situated on a 19.43-acre lot within the prestigious Prairie Stone Business Park in Hoffman Estates, Illinois, presents a unique investment opportunity. The building boasts a highly desirable combination of warehouse and R&D space, perfectly suited for a variety of uses. The layout includes approximately 62,500 square feet on the first floor, 12,500 square feet on the second floor, and 15,000 square feet in the lower level. A significant portion, 21,153 square feet, is specifically designed for warehouse and R&D operations. The property features a substantial 27-foot clear height, providing ample vertical space for storage or specialized equipment. Ample parking is available with 167 spaces, expandable to approximately 300. The building also includes two truck-level docks, expandable to accommodate future growth. The robust electrical service of 3,000 amps, 277/480 volts, ensures power needs are met. The entire facility is fully air-conditioned for optimal comfort and operational efficiency. Benefitting from excellent visibility and immediate access to I-90 via two interchanges, this location offers unparalleled convenience. The property is only 20 miles from O'Hare Airport, further enhancing its strategic appeal. The sale price is subject to offer. This state-of-the-art R&D/tech facility offers a compelling combination of size, location, and amenities.

    Property Features for 2600 Forbs Ave

    General Information

    Property type
    Life science properties
    Square Feet
    90,000 SF
    Class
    A
    Lot Size
    846,371 SF

    HighLights

    • 90,000 SF Class A facility in Hoffman Estates, IL.
    • 62,500 SF first floor, 12,500 SF second floor, 15,000 SF lower level.
    • 21,153 SF of warehouse/R&D space.
    • 19.43‑acre site in the Prairie Stone Business Park.
    • 27' clear height.
    • 167 parking spaces, expandable to approximately 300.
    Property Profile Location Intelligence

    Current Use by Public Records

    Planmeca Manufacturer Planmeca USA, INC Medical Equipment Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoffman Estates
    County
    Cook
    State
    Illinois
    Longitude
    -88.1999274
    Latitude
    42.0689819

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    FAQs

    What type of property is this?
    Life science property - 90,000 SF Class A Warehouse/R&D
    Where is this life science property located?
    The property is located at 2600 Forbs Ave Hoffman Estates, IL.
    What are key features of this property?
    This property features: 90,000 SF Class A facility in Hoffman Estates, IL.; 62,500 SF first floor, 12,500 SF second floor, 15,000 SF lower level.; 21,153 SF of warehouse/R&D space.
    Request Owner's contact information
    2600 Forbs Ave Hoffman Estates, IL 60192
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2600 Forbs Ave Hoffman Estates, IL 60192
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