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2870 Forbs Ave, Hoffman Estates, IL 60192

Single-tenant R&D lab-office building in Hoffman Estates, Illinois.

Space Size36,000 SF
Property Size72,000 SF
Days on Market2397

Property Features for 2870 Forbs Ave

General Information

Standard status Active
Size 36,000 SF
Property subtype Office

Building Details

Building Size 72,000 SF
Year Built 2008
Tenancy Multiple

Spaces For Lease

at 2870 Forbs Ave Contact us

Floor One

Size
36,000 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us

Floor Two

Size
36,000 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us
Listing Agency: NAI Hiffman
Listed By: Sarah Walker · License #475.213708
Source: Crexi
Added: Jan 28, 2020 Changed: Aug 8 Last Checked: Aug 19 at 12:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Hiffman

Investment Insights

Based on property information with market context.

This single-tenant building is designed as a collaborative and environmentally sustainable R&D lab-office space. It is located in Hoffman Estates, Illinois.

Key Highlights

  • Environmentally sustainable building
  • R&D lab‑office building
  • Single‑tenant occupancy

Property Analytics

Current Use

Minerals Technologies Chemical Plant American Colloid Co Logistics Company CETCO Building Supply AMCOL Household & Personal ... Department Store AMCOL Health & Beauty ... Medical Clinic

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Kitchen & Bath Showroom Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 60192, IL

16,550
Population
6,090
Households
2.7
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
1,491
Density / Sq Mi
$149,992
Median Household Income
$73,016
Median Earnings
$2,852
Median Rent
$413,500
Median Home Value

Market

Lease Benchmarks for Hoffman Estates, IL

$18.38 /SF/Yr
Avg Asking Price
$15–$23 /SF/Yr
Price Range
25,849 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Single-tenant R&D lab-office building in Hoffman Estates, Illinois.
Where is this office building located?
The property is located at 2870 Forbs Ave Hoffman Estates, IL.
What are key features of this property?
This property features: Environmentally sustainable building; R&D lab‑office building; Single‑tenant occupancy
(630) 389-8911 Call to check price and availability
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