Financial
Distress signals
Property profile

135 N Arlington Heights Rd Buffalo Grove, IL 60089

FOR LEASE
Commercial real estate
Property ID
US28-2204629
2.88 ac lot
Last sale Aug 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This single-story, 34,450 square foot medical office building in Lake County offers exceptional leasing opportunities. Three spaces are currently available, ranging from a minimum of 1,042 square feet to a maximum contiguous space of 3,962 square feet, with a total of 12,347 square feet currently vacant. The building features a common area entrance to suites, creating a professional and park-like setting. On-site management ensures smooth operations, while tenants are responsible for their…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$84k
Tax billed · 2023
Assessed value$808k
Assessed land$290k
Assessed improvement$518k
Effective rate10.43%

Value estimate

· Sep 2026
$465k
$419k – $512k
AI approach$465k
NOI build-up
Gross scheduled income$97k
Vacancy & credit loss−$24k
Operating expenses−$18k
NOI · 240,444.54% cap applied$55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$181/SF
County average, outlier-cleaned · 196 recorded sales of this use type
Observed band · Q1–Q3$96 – $317

Cap rate analysis

How does the asset earn?
240,444.54%
$55k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.2
Restaurant25.5
Hair Salon20.9

Location

135 N Arlington Heights Rd Buffalo Grove, IL 60089
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1160 Lk Cook, Buffalo Grove, IL 60089-1979 $3,450,000 Feb 2026 No data
301 Weiland, Buffalo Grove, IL 60089-7007 $4,857,500 Feb 2026 No data
710 Hastings, Buffalo Grove, IL 60089-6904 $1,000,000 Dec 2025 No data
500 Half Day, Buffalo Grove, IL 60089-6592 $31,500,000 Dec 2025 No data
2500 Millbrook, Buffalo Grove, IL 60089-4694 $10,400,000 Feb 2025 No data
2400 Millbrook, Buffalo Grove, IL 60089-4698 $15,800,000 Feb 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message