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    FOR LEASE
    Office buildings

    1721 Moon Lake Blvd, Hoffman Estates, IL 60169

    7.41 ac lot Built 1987
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US28-0371945
    Property summary
    AI-generated overview

    Poplar Creek Office Plaza, located at 1721 Moon Lake Blvd in Hoffman Estates, IL 60169, offers exceptional medical office space for lease. This eight-story, 326,780 square foot building features a striking three-story atrium and currently has 100,761 square feet of vacant space available, divisible into units as small as 1,303 square feet and up to 81,532 contiguous square feet. The property boasts convenient access to I-90, providing easy commutes to O'Hare Airport and downtown Chicago. Its prime location is directly across from AMITA Health St. Alexius Medical Center, and numerous shopping, dining, and hotel options are nearby. Building amenities include a fitness center with men's and women's locker rooms, a conference room, and a lunchroom. An extensive renovation is underway, and the landlord offers customizable build-outs to meet tenant needs. Model suites are available for immediate occupancy. Ample surface parking is available (400+ spaces). The property is zoned PRD Residential Planned Development in Cook County and features a new building monument sign on Higgins Road with tenant signage opportunities. This thriving medical office community already includes tenants such as Lake County Physical Therapy, Early Autism, Bubbles Pediatrics, and several other established medical practices.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1987
    Lot 7.41 ac (322,780 SF)
    APN 07-07-400-060
    UPID US28-0371945
    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
    • Lake County Physical Therapy LLC Physician
    • Delossantos Renato MD Physician
    • Midwest Center for Women's HealthCare Physician
    • Kathleen Simon, APN, WHNP Physician
    • M. Susan Scanlon, MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.07M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.82M
    Owner & transaction history
    Olymbec Fit LP · 3 yrs held
    Olymbec Fit LP
    since 2022
    Last sale
    $3.6M
    7 recorded transactions
    2022
    2022
    $6.3M
    2021
    $3.6M
    2007
    2007
    2007
    2003
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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