5005 Newport Dr Rolling Meadows, IL 60008
- Office buildings
- 1.91 lot acres
Current Use by Public Records
- damrcorp / Transportation Service
- VELKO ACADEMY / Branding Agency / Business School
- Appsomatic Inc | Custom Software, Mobile Application & Web Development Company / Marketing Agency / Software Company
- Pros Dental Lab / Dental Laboratory
Property Details for 5005 Newport Dr
- Year built
- 1970
- Lot size
- 1.91 lot acres
- Property type
- Office buildings
- APN
- 08-07-213-009
- APU
- 807213009
Description
This exceptional 50,000-square-foot Class B office building, situated at 5005 Newport Dr in Rolling Meadows, IL, presents a significant opportunity. Built in 1976 and renovated in 2020, this six-story structure boasts a 9-foot ceiling height and ample parking with 150 spaces. The property features a single tenant occupancy, with 1,500 square feet currently vacant. Conveniently located at the I-355 and I-90 intersection, this property offers unparalleled access and visibility. The building sits on a 2-acre lot with a 0.55 FAR and is zoned C3. The property includes one building with a traditional office subtype, offering 120/240 power and elevators. Cook County taxes are $4.60 per square foot. The building's amenities include a kitchen and four private offices. A portion of the existing furniture may remain. Additional weekly cleaning and monthly WiFi are available at an extra cost. This property provides 24/7 access. The APN is 08-07-213-009-0000. The building's load factor is 10%.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rolling Meadows
- County
- Cook
- State
- Illinois
- Longitude
- -88.0192
- Latitude
- 42.0592
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
