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    3409 Kirchoff Rd Rolling Meadows, IL 60008

    Sponsored
    For Sale
    $1,499,900

    Class A Office Building, Multi-Tenant, High Occupancy

    Property size:
    12,676 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, located at 3409 Kirchoff Rd in Rolling Meadows, Illinois (60008), presents a compelling investment opportunity. The property, built in 2004, boasts 12,676 square feet across eight units, currently enjoying an 80% occupancy rate. The asking price is $1,499,900, translating to a price per square foot of $118.33. The building features a modified lease type and multi-tenant occupancy, offering diverse income streams. Its prime location, just off the 290 Extension and busy Kirchoff Road, benefits from excellent visibility thanks to a prominent monument sign. The property is situated near major tenants including Chase, Jewel, and McDonald's, ensuring high traffic and visibility. Amenities include ample parking and the convenience of nearby Village Hall and Library. The building's versatile design accommodates creative, medical, and traditional office spaces, providing flexibility for a range of tenants. One unit is currently available for lease. The property's APN is 02361050540000. This is a rare opportunity to acquire a well-maintained, high-performing office building in a thriving location with significant growth potential. Condominiums are located above the office space.

    Property Features for 3409 Kirchoff Rd

    General Information

    Property type
    Medical offices
    Square Feet
    12,676 SF
    Class
    A

    Building Details

    Year Built
    2004
    Units
    8

    HighLights

    • $1,499,900 asking price for a Class A, multi‑tenant office building.
    • 12,676 square feet with 8 units, 80% occupancy.
    • Located at 3409 Kirchoff Rd, Rolling Meadows, IL 60008 (APN: 02361050540000).
    • Built in 2004, offering creative, medical, and traditional office space.
    • $118.33 price per square foot; Modified lease type; Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery 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
    -88.02317
    Latitude
    42.0789225

    Nearby Comparable

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      Algonquin Office Center: Prime Location

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    FAQs

    What type of property is this?
    Medical office - Class A Office Building, Multi-Tenant, High Occupancy
    Where is this medical office located?
    The property is located at 3409 Kirchoff Rd Rolling Meadows, IL.
    What is the asking price?
    The asking price for this property is $1,499,900.
    What are key features of this property?
    This property features: $1,499,900 asking price for a Class A, multi-tenant office building.; 12,676 square feet with 8 units, 80% occupancy.; Located at 3409 Kirchoff Rd, Rolling Meadows, IL 60008 (APN: 02361050540000).
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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

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    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
    3409 Kirchoff Rd Rolling Meadows, IL 60008
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