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Property profile & analytics
OFF-MARKET Estimated value $2,915,000
Retail space

1000 Grand Cyn Pkwy Hoffman Estates, IL 60169-1705

1.46 ac lot Built 1973
Individually Owned 2-yr Hold Free & Clear
Property ID
US28-0141367
Property summary
AI-generated overview

This exceptional medical office building, located at 900-1000 Grand Canyon Parkway in Hoffman Estates, Illinois, 60169, offers a diverse range of leasing opportunities. The property encompasses a total of 48,682 square feet situated on a generous 3.13 acres of land. The building is configured for multiple tenancies, providing flexibility for practices of various sizes. Spaces are available from a minimum of 86 square feet, ideal for smaller practices or individual practitioners, up to a maximum contiguous space of 2,382 square feet, suitable for larger medical groups or clinics. The building's location in Hoffman Estates offers excellent accessibility and visibility, making it an attractive option for medical professionals seeking a prominent presence in a thriving community. The address is easily accessible from major roadways, ensuring convenient access for patients and staff. This property presents a unique opportunity to establish or expand a medical practice in a well-maintained and strategically located building. The building's design and layout are well-suited to the needs of medical professionals, offering ample space for examination rooms, waiting areas, and administrative offices. Serious inquiries are encouraged to explore the available spaces and lease terms.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1973
Lot 1.46 ac (63,598 SF)
APN 07-15-100-017
UPID US28-0141367
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Gaurav A. Patel, DMD Dental Office
  • Dr. Eun Y. so, DDS Dental Office
  • Wardell Orthodontics Dental Office
  • Dr. Parveen S. Ahmed, DDS Dental Office
  • Christopher Robert D DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.92M
Owner & transaction history
Jannah Islamic Center · 2 yrs held
Jannah Islamic Center
since 2023
Last sale
$2.8M
7 recorded transactions
2023
$2.8M
2018
$1.7M
2018
Price N/A
2014
$1.2M
2012
Price N/A
2005
$4.6M
1999
$3.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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