1721 Moon Lake Blvd Hoffman Estates, IL 60169
- Office buildings
- 7.41 lot acres
Current Use by Public Records
- Lake County Physical Therapy LLC / Physical Therapist
- Delossantos Renato MD / Psychiatrist
- Midwest Center for Women's HealthCare / Obstetrician-Gynecologist / Doctor
- Kathleen Simon, APN, WHNP / Nurse Practitioner / Women'S Health Clinic
- M. Susan Scanlon, MD / Obstetrician-Gynecologist / Doctor
Property Details for 1721 Moon Lake Blvd
- Year built
- 1987
- Lot size
- 7.41 lot acres
- Property type
- Office buildings
- APN
- 07-07-400-060
- APU
- 707400060
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,925,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,570,000
- 6.5%
- $3,850,000
- 7%
- $3,525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,710,000
- Geo Method
- $3,520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,950,000
- Retail
- $3,275,000
- Mixed-Use
- $3,315,000
- Hospitality
- $3,480,000
- Educational
- $3,270,000
- Residential Income
- $3,550,000
- Energy
- $3,490,000
- Income-Based Land
- $3,425,000
- Food Service
- $2,930,000
Location Insight
- Map
- Local Demand
- City
- Hoffman Estates
- County
- Cook
- State
- Illinois
- Longitude
- -88.1349
- Latitude
- 42.054
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
