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Property profile & analytics
FOR SALE
Office Spaces

3125 N Wilke Rd Arlington Heights, IL 60004

Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-5015093
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
APN 03-07-100-019-1018
UPID US28-5015093
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vitax Corporation · 1 yrs held
Vitax Corporation
since 2025
Last sale
$165,000
4 recorded transactions
2025
$91,000
2024
$165,000
2022
$173,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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