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5005 Newport Dr Rolling Meadows, IL 60008

Sponsored
For Lease
$7 SF/Yr

50,000 SF Office Building, I-99/355

Lot size:
50,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 50,000-square-foot Class B office building, situated at 5005 Newport Dr in Rolling Meadows, IL, presents a significant opportunity. Built in 1976 and renovated in 2020, this six-story structure boasts a 9-foot ceiling height and ample parking with 150 spaces. The property features a single tenant occupancy, with 1,500 square feet currently vacant. Conveniently located at the I-355 and I-90 intersection, this property offers unparalleled access and visibility. The building sits on a 2-acre lot with a 0.55 FAR and is zoned C3. The property includes one building with a traditional office subtype, offering 120/240 power and elevators. Cook County taxes are $4.60 per square foot. The building's amenities include a kitchen and four private offices. A portion of the existing furniture may remain. Additional weekly cleaning and monthly WiFi are available at an extra cost. This property provides 24/7 access. The APN is 08-07-213-009-0000. The building's load factor is 10%.

Property Features for 5005 Newport Dr

General Information

Property type
Specialty properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
50,000 SF
Class
B
Total Rate
29166.67

Building Details

Year Built/Renovated
1976/2020
Buildings
1
Stories
6

Unit(s) available at that property

Space
Size
1,450 SF
Rate per SF
$7

HighLights

  • 50,000 SF Class B office building in Rolling Meadows, IL.
  • Six‑story building with 9' ceilings, built in 1976, renovated in 2020.
  • 150 parking spaces, single tenant occupancy with 1,500 SF vacant.
  • Excellent I‑355/I‑90 location, 2‑acre lot, C3 zoning, 0.55 FAR.
  • 120/240 power, elevators, kitchen, four private offices, 24/7 access.
  • Cook County taxes: $4.60/SF; APN: 08‑07‑213‑009‑0000; 10% load factor.
Property Profile Location Intelligence

Current Use by Public Records

damrcorp Transportation Service VELKO ACADEMY Life Coach Appsomatic Inc | Custom ... Software Company Pros Dental Lab Dental Laboratory

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
Rolling Meadows
County
Cook
State
Illinois
Longitude
-88.019391
Latitude
42.0592717

FAQs

What type of property is this?
Specialty property - 50,000 SF Office Building, I-99/355
Where is this specialty property located?
The property is located at 5005 Newport Dr Rolling Meadows, IL.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 50,000 SF Class B office building in Rolling Meadows, IL.; Six-story building with 9' ceilings, built in 1976, renovated in 2020.; 150 parking spaces, single tenant occupancy with 1,500 SF vacant.
More about this property
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