3930 Ventura Dr Arlington Heights, IL 60004
- Retail space
- 1.32 lot acres
Current Use by Public Records
- MSI Technology / Research Institute
- Sonoco Protective Solutions / Corporate Office
- Soarus / Professional Services
- SCA Thermosafe / Packaging Supply Store
Property Details for 3930 Ventura Dr
- Year built
- 1986
- Lot size
- 1.32 lot acres
- Property type
- Retail space
- APN
- 03-06-303-010
- APU
- 306303010
Description
This exceptional single-story flex/R&D space, part of the Commerce Point Tech Center, offers 2,724 square feet of immediately available space within a larger 54,976 square foot building. The property boasts a 12-foot ceiling height, perfect for various uses. The space includes existing refrigeration and freezer units capable of reaching -30°C, making it ideal for lab, showroom, or food production businesses. High-power electrical service (600 amps, 3-phase) is readily available. The building features two loading docks and one drive-in door for convenient access and loading/unloading. Ample parking is provided at a ratio of 3 spaces per 1,000 square feet. The property is zoned M-1, allowing for a wide range of industrial uses. Its strategic location in Arlington Heights offers excellent access to major transportation arteries, including I-53, Dundee Road, and Lake Cook Road. The property's three suites are currently under multiple tenancies. The 2023 property taxes are $6.48 per square foot, and the 2023 operating expenses are $2.13 per square foot. This is a rare opportunity to secure high-quality flex space with existing specialized equipment in a prime Arlington Heights location.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Arlington Heights
- County
- Cook
- State
- Illinois
- Longitude
- -88.0024
- Latitude
- 42.1465
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
