1250 Barclay Blvd Buffalo Grove, IL 60089
- Commercial real estate
- 2.87 lot acres
Current Use by Public Records
- ISI / Business Management Consultant
- SMS NA / Corporate Office
- International Services, Inc. / Business Management Consultant
Property Details for 1250 Barclay Blvd
- Lot size
- 2.87 lot acres
- Property type
- Commercial real estate
- APN
- 15-27-406-002
- APU
- 1527406002
Description
This exceptional single-tenant office building, located at 1250 Barclay Boulevard in Buffalo Grove, Illinois, presents a unique investment opportunity. The property boasts a total of 17,939 square feet of well-designed office space within a larger 30,340 square foot building, situated on a substantial 2.88-acre lot (125,366 square feet). Constructed in 1995, this single-story building is classified as Class C and offers ample natural light with four sides of windows. The property's prominent location allows for excellent signage opportunities, enhancing visibility and brand recognition. The building is situated in the Central North submarket cluster of Lake County, Illinois, with a zip code of 60089. The zoning designation is currently unavailable. This property is perfect for a business seeking a substantial, single-tenant office space in a convenient and accessible location. The expansive lot size provides ample parking and potential for future expansion or development. The property's single-tenant occupancy simplifies management and provides a stable income stream. This is a rare opportunity to acquire a well-located, functional office building in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,920,000
- 6.5%
- $2,810,000
- 7%
- $2,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,580,000
- Geo Method
- $2,460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,680,000
- Retail
- $3,320,000
- Mixed-Use
- $2,985,000
- Hospitality
- $2,930,000
- Educational
- $2,405,000
- Residential Income
- $2,625,000
- Energy
- $3,000,000
- Income-Based Land
- $3,325,000
- Food Service
- $3,165,000
Location Insight
- Map
- Local Demand
- City
- Buffalo Grove
- County
- Lake
- State
- Illinois
- Longitude
- -87.9331
- Latitude
- 42.1742
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA