3125 N Wilke Rd Arlington Heights, IL 60004
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.