Property profile

4885 Hoffman Blvd Hoffman Estates, IL 60192

OFF-MARKET
Office Spaces
65,000 SF 5.3 ac lot Built 2008
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Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Year built 2008
Total area 65,000 SF
Lot 5.3 ac (230,868 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician
  • Physician
  • Physician

Location

4885 Hoffman Blvd Hoffman Estates, IL 60192
Hoffman Estates metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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