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    1300 Busch Pkwy Buffalo Grove, IL 60089

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Buffalo Grove Flex/Warehouse Space Available

    Lot size:
    52,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional multi-tenant industrial property, located at 1300-1398 Busch Parkway in Buffalo Grove, Illinois, offers a rare opportunity for businesses seeking flexible and functional space. The property comprises two buildings totaling 52,492 square feet, constructed in 1987 and classified as Class B. It sits on a generous 5.01-acre lot, providing ample room for maneuvering and potential expansion. The property features a mix of flex, warehouse, and R&D space, catering to diverse business needs. Units range from a minimum of 1,946 square feet to a maximum contiguous space of 2,937 square feet, with a total of 17 suites. Currently, 4,883 square feet is available. The buildings boast convenient features including 14-foot ceilings, four loading docks, and seventeen drive-in doors, ensuring efficient loading and unloading. The property benefits from 100-amp power and is conveniently located just off Milwaukee Avenue. Annual property taxes are $2.06 per square foot. This location in Lake County, Illinois, offers easy access to major transportation routes, making it an ideal location for businesses seeking convenient logistics and a strong local workforce. The property's combination of size, features, and location makes it a highly desirable investment opportunity. Contact us today to learn more about the available spaces and schedule a viewing.

    Property Features for 1300 Busch Pkwy

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,492 SF
    Class
    B
    Total Rate
    43524.62

    Building Details

    Year Built
    1987
    Buildings
    2

    Unit(s) available at that property

    Space
    1302 Busch Parkway
    Size
    3,649 SF
    Rate per SF
    $10
    Space
    1390 BUSCH PARKWAY
    Size
    2,556 SF
    Rate per SF
    $9

    HighLights

    • Abundant nearby restaurants, hotels, and fitness options.
    • Low Lake County property taxes.
    • High‑quality construction throughout the building.
    • Equipped with energy‑efficient T‑8 lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Harry Keith ... Plastic Surgeon Regina Williams, PA Physician Assistant Dr. Thomas Heggen Internist David Thomas Physical Therapist Vita 4 Life ... Association Or Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo Grove
    County
    Lake
    State
    Illinois
    Longitude
    -87.9315963
    Latitude
    42.1718743

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    FAQs

    What type of property is this?
    Life science property - Prime Buffalo Grove Flex/Warehouse Space Available
    Where is this life science property located?
    The property is located at 1300 Busch Pkwy Buffalo Grove, IL.
    What is the lease rate?
    The lease rate is $9-$10 SF/Yr.
    What are key features of this property?
    This property features: Abundant nearby restaurants, hotels, and fitness options.; Low Lake County property taxes.; High-quality construction throughout the building.
    Request Owner's contact information
    1300 Busch Pkwy Buffalo Grove, IL 60089
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1300 Busch Pkwy Buffalo Grove, IL 60089
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