Two-Building Medical Office
990-1000 Grand Canyon Pkwy. Hoffman Estates, IL 60169
990-1000 Grand Canyon Pkwy., Hoffman Estates, IL, 60169
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For Sale
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General and medical office buildings totaling 53,173 square feet sit on 3.12 acres with a 4.41/1,000 parking ratio.
Property Size53,173 SF
Lot Size3.12 Acres
Days on Market104
Property Features for 990-1000 Grand Canyon Pkwy.
General Information
- Standard status
- Active
- Size
- 53,173 SF
- Lot size
- 3.12 Acres
- Property subtype
- Office
Listing agency
Marcus & Millichap - Chicago Downtown
(224) 619-6808
Listed by
Brian Parmacek · License #IL 475.132220
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 10:51PM Checked: Jul 21 at 10:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
990 and 1000 Grand Canyon Parkway offer two multi-story office buildings configured for general and medical office use. The combined buildings total 53,173 square feet and include 3.12 acres of land with parking at a 4.41/1,000 ratio. Current occupancy is 43.80% at 990 Grand Canyon Parkway and 52.14% at 1000 Grand Canyon Parkway.
The property is located in central Hoffman Estates, about 30 miles northwest of Downtown Chicago and 17 miles from O’Hare International Airport. Immediate access is available to Higgins Road, with I-290 access less than three miles away. The area also includes major health systems, including St. Alexius Medical Center of AMITA Health in Hoffman Estates and Northwest Community Hospital in Arlington Heights.
The buildings are occupied by 17 family dental and medical practices, many of which have been tenants for over 20 years. Since 2013, ownership has completed more than $400,000 in capital improvements, including enhancements to common areas and improvements to building operating systems intended to improve operating efficiency.
The property is located in central Hoffman Estates, about 30 miles northwest of Downtown Chicago and 17 miles from O’Hare International Airport. Immediate access is available to Higgins Road, with I-290 access less than three miles away. The area also includes major health systems, including St. Alexius Medical Center of AMITA Health in Hoffman Estates and Northwest Community Hospital in Arlington Heights.
The buildings are occupied by 17 family dental and medical practices, many of which have been tenants for over 20 years. Since 2013, ownership has completed more than $400,000 in capital improvements, including enhancements to common areas and improvements to building operating systems intended to improve operating efficiency.
Key Highlights
- Two‑building general and medical office property at 990 & 1000 Grand Canyon Parkway in Hoffman Estates, IL
- Combined 53,173 SF office space on 3.12 acres with a 4.41/1,000 parking ratio
- Occupancy: 990 Grand Canyon Parkway at 43.80% and 1000 Grand Canyon Parkway at 52.14%
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - General and medical office buildings totaling 53,173 square feet sit on 3.12 acres with a 4.41/1,000 parking ratio.
Where is this office building located?
The property is located at 990-1000 Grand Canyon Pkwy. Hoffman Estates, IL.
What are key features of this property?
This property features: Two‑building general and medical office property at 990 & 1000 Grand Canyon Parkway in Hoffman Estates, IL; Combined 53,173 SF office space on 3.12 acres with a 4.41/1,000 parking ratio; Occupancy: 990 Grand Canyon Parkway at 43.80% and 1000 Grand Canyon Parkway at 52.14%
