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    2870 Forbs Ave Hoffman Estates, IL 60192

    For Lease
    Contact for pricing

    Hoffman Estates Office Building - Two Suites Available

    Lot size:
    72,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    The Prairie Stone Innovation Center, located at 2870 Forbs Ave in Hoffman Estates, Illinois (zip code 60192), offers exceptional office space for lease. This 72,000 square foot building, constructed in 2008, is situated in Cook County and provides a collaborative, single-tenant environment. Currently, two suites totaling 36,000 square feet are available for lease. The building is classified as both Traditional and Executive Office space, catering to a variety of business needs. Its environmentally sustainable design reflects a commitment to modern, efficient operations. The property's location in Hoffman Estates offers convenient access to major transportation routes and amenities. The building's multiple tenancy structure allows for flexibility in lease terms and space configurations. This prime location in the thriving business community of Hoffman Estates presents a unique opportunity for businesses seeking high-quality, sustainable office space. The building's modern design and amenities make it an ideal location for research and development (R&D) companies and other businesses seeking a collaborative work environment. Interested parties are encouraged to inquire about available suite sizes and lease terms. The property is ready for immediate occupancy.

    Property Features for 2870 Forbs Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    72,000 SF

    Building Details

    Year Built
    2008

    Unit(s) available at that property

    Space
    Floor One
    Size
    36,000 SF
    Space
    Floor Two
    Size
    36,000 SF

    HighLights

    • 36,000 - 72,000 SF of contiguous office space available.
    • Two floors offer controlled R&D environments with independent exhaust systems. LEED Silver Certified.
    • Sustainable site development featuring pervious pavement and naturally landscaped areas requiring no irrigation.
    • Green roofs planted with native species for superior thermal performance.
    • Energy consumption reduced by 15% via sunshades, green roof, natural daylighting, and occupancy sensors.
    • Building construction incorporates recycled and regionally sourced materials.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Minerals Technologies Chemical Manufacturer American Colloid Co Exporter CETCO Building Materials Supplier AMCOL Household & Personal ... Store AMCOL Health & Beauty ... Skin Care Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoffman Estates
    County
    Cook
    State
    Illinois
    Longitude
    -88.1993183
    Latitude
    42.0757729

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    FAQs

    What type of property is this?
    Office Property / Space - Hoffman Estates Office Building - Two Suites Available
    Where is this office property / space located?
    The property is located at 2870 Forbs Ave Hoffman Estates, IL.
    What are key features of this property?
    This property features: 36,000 - 72,000 SF of contiguous office space available.; Two floors offer controlled R&D environments with independent exhaust systems. LEED Silver Certified.; Sustainable site development featuring pervious pavement and naturally landscaped areas requiring no irrigation.
    Request Owner's contact information
    2870 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

    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
    2870 Forbs Ave Hoffman Estates, IL 60192
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