10700 Higgins RdRosemont, IL 60018

Property Details for 10700 Higgins Rd

Year built

1977

Lot size

1.46 AC

Property type

Office properties

Property subtype

Other office properties

APN

09-32-400-007-1020

APU

9324000071020

Description

This exceptional 2,711 square foot office condo is ideally situated in Rosemont, Illinois, offering unparalleled convenience with its prime location near O'Hare International Airport and expressways. Located within an elevator building, this multi-use space boasts a versatile layout perfect for a variety of businesses. The property features eight private offices, providing ample space for individual work or team collaboration. A spacious open-plan bullpen area offers flexibility for additional workstations or collaborative projects. A dedicated conference room facilitates meetings and presentations, while a welcoming reception and waiting area ensures a professional first impression. A convenient kitchenette adds to the functionality of the space, providing a comfortable area for staff and guests. The condo's location offers easy access to major transportation routes, making commuting and client access seamless. This is a rare opportunity to acquire a well-appointed and strategically located office space in a thriving business community. The property is offered at $300,000. The building is a condo building. The lot size is 0 acres.

• CAP approach

  CAP return

  Valuation

  6%

  $19,144,048

  6.5%

  $17,671,430

  7%

  $16,409,185

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,283,640

  Geo Method

  $8,283,640

• Alternative Use

  Use

  Valuation

  Residential

  $21,912,572

  Hospitality

  $20,071,798

  Educational

  $16,699,501

  Medical

  $17,273,822

  Retail

  $25,977,002

Location Insight

City

Rosemont

County

Cook

State

Illinois

Latitude

41.9999

Longitude

-87.8897

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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