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    OFF-MARKET
    Office buildings

    1661 Feehanville Dr, Mount Prospect, IL 60056-6087

    4.23 ac lot Built 1986
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US28-1495605
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1986
    Lot 4.23 ac (184,259 SF)
    APN 03-35-200-031
    UPID US28-1495605
    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
    • First Industrial Realty Trust Real Estate Agency
    • Shields Mark C MD Physician
    • Reji Ninan MD Pediatrician Physician
    • William J. Brander MD Pediatrician Physician
    • Mizkan America, Inc. Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    1661 Feehanville LP · 8 yrs held
    1661 Feehanville LP
    since 2018
    3 recorded transactions
    2018
    $6.8M
    2000
    $8.5M
    1997
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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