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    3125 Wilke Rd Arlington Heights, IL 60004

    For Lease
    $15 SF/Yr ($16,419 /Mo)

    Medical office condos: lease or buy.

    Lot size:
    12,712 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional six-story, Class B medical office building, totaling 12,712 square feet, offers multiple occupancy options, ranging from 655 to 12,712 contiguous square feet. Currently, there are several units available for lease or purchase. Located in Cook County on a 6.15-acre lot, this property boasts a prime location just one block east of the full Route 53 and Dundee Road interchange, ensuring excellent accessibility. The building, constructed in 1985, features a professional park-like setting and offers amenities including tenant-controlled HVAC, 24-hour access, high-speed Comcast internet and cable, operable windows, and private restrooms. Additional benefits include ample parking (3.93 spaces per 1,000 square feet), building signage opportunities, a free conference room, and a fitness area complete with locker rooms and showers. Lease rates are $16.50 per square foot on a modified gross basis, while purchase options range from $85 to $95 per square foot. The building is zoned commercial and is ideal for various medical and office uses. This is a rare opportunity to secure space in a well-maintained, amenity-rich building in a highly desirable location.

    Property Features for 3125 Wilke Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,712 SF
    Class
    B
    Total Rate
    16419.67

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Unit C, H & I
    Size
    4,504 SF
    Rate per SF
    $15
    Space
    Unit I
    Size
    1,956 SF
    Rate per SF
    $16
    Space
    Unit C/H
    Size
    2,548 SF
    Rate per SF
    $16
    Space
    Unit C
    Size
    1,000 SF
    Rate per SF
    $16

    HighLights

    • Medical office condo units for sale or lease, ranging from 655 to 12,712 square feet.
    • Multiple suites available, ranging from 1,310 to 4,000 square feet, offering various configurations.
    • Excellent location: One block east of the Route 53 and Dundee Road interchange.
    • Suitable for medical or general office use.
    • Units feature tenant‑controlled HVAC, 24‑hour access, operable windows, and private restrooms.
    • Amenities include high‑speed internet and cable, building signage opportunities, a free conference room, and a fitness center with locker rooms and showers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meyer Lindy Psychologist Dr. Vilija Ball Psychologist Alkon Corporation Manufacturer James G Flannery, ... Tax Consultant Law Offices of Thomas ... Attorney

    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
    Arlington Heights
    County
    Cook
    State
    Illinois
    Longitude
    -88.0040928
    Latitude
    42.1333565

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    FAQs

    What type of property is this?
    Medical office - Medical office condos: lease or buy.
    Where is this medical office located?
    The property is located at 3125 Wilke Rd Arlington Heights, IL.
    What is the lease rate?
    The lease rate is $15-$16 SF/Yr.
    What are key features of this property?
    This property features: Medical office condo units for sale or lease, ranging from 655 to 12,712 square feet.; Multiple suites available, ranging from 1,310 to 4,000 square feet, offering various configurations.; Excellent location: One block east of the Route 53 and Dundee Road interchange.
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    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
    3125 Wilke Rd Arlington Heights, IL 60004
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