1661 Feehanville DrMount Prospect, IL 60056

Property Details for 1661 Feehanville Dr

Year built

1986

Lot size

4.23 AC

Property type

Office properties

Property subtype

Office buildings

APN

03-35-200-031

APU

335200031

Description

Kensington Office Plaza I, located at 1661 Feehanville Drive in Mt. Prospect, Illinois (zip code 60056), offers exceptional office space in Cook County. This prestigious Class A building boasts a total of 89,000 square feet and features two suites currently available for lease. The available spaces range in size from 3,860 square feet to 7,847 square feet, providing flexibility for businesses of various sizes. The building's design incorporates both executive and traditional office spaces, catering to diverse workplace needs. The property is situated in a tranquil setting, surrounded by beautifully landscaped trails and lakes, creating a serene and inspiring work environment. The multiple tenancy structure allows for a diverse community of businesses. This prime location in Mt. Prospect offers easy access to major transportation routes and amenities, making it an ideal choice for companies seeking a high-quality, well-located office space. The building's impressive size and amenities make it a standout property in the area. Interested parties are encouraged to inquire about available space and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $33,270,150

  6.5%

  $30,710,908

  7%

  $28,517,272

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,706,560

  Geo Method

  $23,999,734

• Alternative Use

  Use

  Valuation

  Residential

  $38,081,524

  Hospitality

  $34,882,472

  Educational

  $29,021,808

  Medical

  $30,019,912

  Retail

  $45,145,032

Location Insight

City

Mount Prospect

County

Cook

State

Illinois

Latitude

42.0766

Longitude

-87.9091

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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