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505 E Golf Road Arlington Heights, IL 60005

$995,000
Contingent / MLS# 12567411 / Commercial - Office / Arlington Heights
0 Beds
17780 SqFt

**NOTE: Owner just won a BIG REDUCTION in taxes through an appeal! Financials available on request.** This well built and well maintained building has been owned by its original builder since the day it was built. It's very well suited to an owner/user who values the range of options it provides to scale a business while also generating rental income. The building is located in a high traffic corridor on Rt 58/Golf Rd and is adjacent to major redevelopment projects currently underway in this section of Arlington Heights. The Bears aren't the only ones who've made a big investment in Arlington Heights! The Gateway Project, which is immediately next door to this property is a comprehensive redevelopment plan for the I-90 access route into Arlington Heights. There are currently two major development projects underway or nearing completion within this area and a major development currently being planned (Urban Street) almost directly across the street from this property. This is a solid property to own today and will only grow in value as the many adjacent developments are completed. This building also includes c. 8,000 s.f. of basement space, all of which features excellent ceiling height and much of which is finished into meeting rooms, break rooms, a kitchen, etc.

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Baird & Warner Michael J Adams Agent Cell: 773.943.2342 Email

Property Details

Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 1.40 Acres
Stories: 1.0
Year Built: 1990

Feature Descriptions

Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Sprinklers
Foundation: Concrete Perimeter
HVAC: Forced Air, Gas
Lot Dimensions: 234x244x135x107x290
Parcel#: 08151000180000
Parking: 51-100 Spaces
Tenant Pays: All Utilities
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby

Location

See details and scored characteristics about this location.

Listing Office: Keller Williams Success Realty

Listing Office Phone: 815-444-6790



Listing data and photos distributed by MLSGRID
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