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    Property profile & analytics

    2870 Forbs Ave Hoffman Estates, IL 60192

    • Retail space
    • 6.82 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US28-1250743
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Minerals Technologies / Chemical Manufacturer
    • American Colloid Co / Exporter
    • CETCO / Building Materials Supplier / Environmental Program
    • AMCOL Household & Personal Care / Store
    • AMCOL Health & Beauty Solutions / Skin Care Clinic

    Property Details for 2870 Forbs Ave

    Year built
    2007
    Lot size
    6.82 lot acres
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    01-33-104-002
    APU
    133104002

    Description

    The Prairie Stone Innovation Center, located at 2870 Forbs Ave in Hoffman Estates, Illinois (zip code 60192), offers exceptional office space for lease. This 72,000 square foot building, constructed in 2008, is situated in Cook County and provides a collaborative, single-tenant environment. Currently, two suites totaling 36,000 square feet are available for lease. The building is classified as both Traditional and Executive Office space, catering to a variety of business needs. Its environmentally sustainable design reflects a commitment to modern, efficient operations. The property's location in Hoffman Estates offers convenient access to major transportation routes and amenities. The building's multiple tenancy structure allows for flexibility in lease terms and space configurations. This prime location in the thriving business community of Hoffman Estates presents a unique opportunity for businesses seeking high-quality, sustainable office space. The building's modern design and amenities make it an ideal location for research and development (R&D) companies and other businesses seeking a collaborative work environment. Interested parties are encouraged to inquire about available suite sizes and lease terms. The property is ready for immediate occupancy.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hoffman Estates
    County
    Cook
    State
    Illinois
    Longitude
    -88.1989
    Latitude
    42.0758
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $346,908
    $520,117
    $804,883
    $1,325,000
    -
    $2,080,468
    $3,219,532
    $5,300,000

    Comparable in this City

    • Value Estimation by Request
      7.30 Acres

      5115 Sedge Blvd

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    • Value Estimation
      $1,195,000
      5.01 Acres

      5101 Trillium Blvd

      STORE, RETAIL OUTLET • 5.01 Acres
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    • Value Estimation by Request
      18.99 Acres

      2600 Forbs Ave

      STORE, RETAIL OUTLET • 18.99 Acres
      2600 Forbs Ave, Hoffman Estates, IL 60192-3723
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    • Value Estimation by Request
      4.73 Acres

      5450 Pr Stone Pkwy

      STORE, RETAIL OUTLET • 4.73 Acres
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    • Value Estimation
      $4,195,000
      9.01 Acres

      2815 Forbs Ave

      STORE, RETAIL OUTLET • 9.01 Acres
      2815 Forbs Ave, Hoffman Estates, IL 60192-3702
      View Details
    • Value Estimation
      $2,335,000
      1.96 Acres

      2675 Pratum Ave

      STORE, RETAIL OUTLET • 1.96 Acres
      2675 Pratum Ave, Hoffman Estates, IL 60192-3703
      View Details

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    Hoffman Estates, IL 60192
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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

    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
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