Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4885 Hoffman Blvd Hoffman Estates, IL 60192

    For Sale
    Contact for pricing

    65,000 SF Medical Office, 52% Leased

    Property size:
    65,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Class A medical office building, constructed in 2008 and renovated in 2019, offers 65,000 square feet of space across four stories. Located at 4885 Hoffman Blvd, Hoffman Estates, IL 60192, this single building sits on a 5.3-acre lot and provides 333 parking spaces. Currently 52% leased, the property boasts a multi-tenant occupancy and is zoned for medical office use. Amenities include a fitness center, conference rooms, a cafe, 24-hour access, an atrium, courtyard, shower facilities, and Wi-Fi. The building features central heating, air conditioning, and abundant natural light. A robust security system is in place. Its prime location offers easy access to I-90 at IL-59, providing excellent visibility and convenient commuting. Nearby hospitals include St. Alexius, Sherman, Presence St. Joseph, Advocate Good Shepherd, and Northwest Community. The property also enjoys proximity to Prairie Stone, Arboretum, and Popular Creek shopping centers, as well as numerous restaurants including Pinstripes, Chipotle, Noodles & Co, and more. A new Pace Bus stop is being added for enhanced public transportation access.

    Property Features for 4885 Hoffman Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    65,000 SF
    Class
    A
    Lot Size
    230,868 SF

    Building Details

    Year Built/Renovated
    2008/2019
    Buildings
    1
    Stories
    4

    HighLights

    • Class A medical office building, 65,000 SF, four stories, built in 2008, renovated in 2019.
    • 5.3‑acre lot with 333 parking spaces at 4885 Hoffman Blvd, Hoffman Estates, IL 60192.
    • Currently 52% leased, multi‑tenant occupancy, medical office zoning.
    • Amenities include fitness center, conference rooms, cafe, 24‑hour access, atrium, courtyard, shower facilities, and Wi‑Fi; central HVAC and abundant natural light.
    • Excellent I‑90/IL‑59 access, near St. Alexius, Sherman, Presence St. Joseph, Advocate Good Shepherd, and Northwest Community Hospitals; proximity to shopping and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hoffman Estates VA ... Medical Clinic Northwestern Medicine Liver ... Transplant Surgeon Callie Marie Dahleen ... Physician Assistant Kelly Jane Boyle ... Physician Assistant Natalia Waz Physician Assistant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoffman Estates
    County
    Cook
    State
    Illinois
    Longitude
    -88.198737982602
    Latitude
    42.068241277414

    Nearby Similar for Sale

    • $1,390,000
      8,743 SF

      Versatile Office and Warehouse Space

      8,000+ sqft brick building with office and warehouse space.
      400 Riv Rdg Dr, Elgin, IL 60123
      View Details
    • $1,350,000
      15,585 SF

      Elgin Warehouse with Heavy Power

      Manufacturing-ready warehouse with heavy power, cranes, and recent upgrades.
      303 Elgin Ave, Elgin, IL 60120
      View Details
    • $224,900
      53,000 SF

      Turn-Key Medical Office Suite

      Ready-to-use medical condo in Riverpoint Professional Building, Fox River Grove.
      912 Northwest Hwy, Hoffman Estates, IL 60021
      View Details
    • $443,500
      2,400 SF

      Historical Mixed-Use Building For Sale

      Historical building with storefront, apartment, and garage in West Dundee.
      601 W Main St, West Dundee, IL 60118
      View Details
    • $695,000
      12,309 SF

      Barrington Mixed-Use Investment Opportunity

      Mixed-use building in downtown Barrington with long-term tenants.
      102 N Cook St, Barrington, IL 60010
      View Details
    • $395,000
      0.42 Acres

      Elgin, IL Residential Income Property

      Two spacious units with garage building, ideal for live/work setup.
      624 St South, Elgin, IL 60123
      View Details

    FAQs

    What type of property is this?
    Medical office - 65,000 SF Medical Office, 52% Leased
    Where is this medical office located?
    The property is located at 4885 Hoffman Blvd Hoffman Estates, IL.
    What are key features of this property?
    This property features: Class A medical office building, 65,000 SF, four stories, built in 2008, renovated in 2019.; 5.3-acre lot with 333 parking spaces at 4885 Hoffman Blvd, Hoffman Estates, IL 60192.; Currently 52% leased, multi-tenant occupancy, medical office zoning.
    Request Owner's contact information
    4885 Hoffman Blvd Hoffman Estates, IL 60192
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4885 Hoffman Blvd
    Hoffman Estates, IL 60192
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4885 Hoffman Blvd Hoffman Estates, IL 60192
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.