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    3424-3448 Old Arlington Hts Rd Arlington Heights, IL 60004

    For Lease
    $16 SF/Yr ($2,400 /Mo)

    1,800 SF Office, Medical Use, ASAP

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1,800-square-foot office space in Arlington Heights, Illinois, is immediately available for lease. Located at 3424-3448 N Old Arlington Hts Rd, in Cook County, this property is perfectly suited for executive office or medical office use. The space features tenant-controlled HVAC, providing optimal climate control, and offers 24-hour access for ultimate flexibility. High-speed Comcast internet and cable are readily available, ensuring seamless connectivity. Enjoy the convenience of operable windows and ample parking. The building boasts newly installed LED exterior lighting and is beautifully landscaped, with tenant signage opportunities available. Its prime location offers easy access to Route 53 and Dundee Road, and is within walking distance of various restaurants and shopping options. The modified gross rental rate is $16.00 per square foot. This is a rare opportunity to secure a fully functional, well-maintained office space in a highly desirable location. The entire 1,800 square feet is currently vacant and ready for immediate occupancy.

    Property Features for 3424-3448 Old Arlington Hts Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF
    Total Rate
    2400

    Unit(s) available at that property

    Space
    Suite 3424
    Size
    1,800 SF
    Rate per SF
    $16

    HighLights

    • 1,800 SF Available Immediately
    • Excellent location, minutes from the Rt. 53 & Dundee Rd interchange
    • Suitable for office or medical use
    • Tenant‑controlled HVAC and 24/7 access
    • High‑speed internet & cable (Comcast) available
    • Operable windows & tenant‑controlled HVAC
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.9817682
    Latitude
    42.1380223

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    FAQs

    What type of property is this?
    Medical office - 1,800 SF Office, Medical Use, ASAP
    Where is this medical office located?
    The property is located at 3424-3448 Old Arlington Hts Rd Arlington Heights, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 1,800 SF Available Immediately; Excellent location, minutes from the Rt. 53 & Dundee Rd interchange; Suitable for office or medical use
    Request Owner's contact information
    3424-3448 Old Arlington Hts Rd Arlington Heights, IL 60004
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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
    3424-3448 Old Arlington Hts Rd Arlington Heights, IL 60004
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