505 E Golf RD, Arlington Heights, IL 60005
505 E Golf RD, Arlington Heights, IL 60005
505 E Golf RD, Arlington Heights, IL 60005
505 E Golf RD, Arlington Heights, IL 60005
505 E Golf RD, Arlington Heights, IL 60005
505 E Golf RD, Arlington Heights, IL 60005
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$ 995,000
Est. payment | /mo

17,780 SqFt


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$ 995,000
Est. payment | /mo
Save

17,780 SqFt

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 17,780 sqft

Price per Sqft $55

MLS Listing ID 12567411

Year Built 1990

Annual Tax Amount $100,182

Tax Year 2024

Lot Dimensions 234x244x135x107x290

Property Sub-Type Office/Tech

Property Description

**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.

Location

State IL

County Cook

Area Arlington Heights

Zoning OFFIC

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electricity Nearby, Natural Gas Nearby, Sewer Nearby

Building

Dwelling Type Office/Tech

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Tyler Lewke of  Keller Williams Success Realty 

Nearby Locations

Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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505 E Golf RD