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Commercial Property For Sale in Arlington Heights, IL
Value-Add Office Building Perfect for Owner/User or Investor
Sperry Auctions is pleased to present the Online Auction Plus event (ALLOWS FOR CONTINGENCIES) for a two-story multi-tenant office building in Arlington Heights, IL.
Property Features & Highlights:
- ±16,968 SF two-story Office Building
- ±15,444 Gross Leasable Area
- Multi-tenant configuration
- Currently 59% occupied with substantial potential for rent growth
- Opportunity to occupy approximately 7,000 SF 1st floor location in this highly visible office building in addition to rental income from strong tenants on 2nd floor.
- Improvements include classroom/conference facilities, new roof, new windows and boiler/chilling unit
- Basement level has tremendous potential and can be built out
- ±1.32 acres of land
- 75 Parking Spaces available
- Zoning: OT with uses that include but not limited to: retail, banking, office, business and professional use, government services, medical and dental
- Handicap accessible and passenger elevator in building.
This Auction Plus® auction has concluded and escrow is closed.
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Sperry Auctions is pleased to present the Online Auction Plus event (ALLOWS FOR CONTINGENCIES) for a two-story multi-tenant office building in Arlington Heights, IL.
Property Features & Highlights:
- ±16,968 SF two-story Office Building
- ±15,444 Gross Leasable Area
- Multi-tenant configuration
- Currently 59% occupied with substantial potential for rent growth
- Opportunity to occupy approximately 7,000 SF 1st floor location in this highly visible office building in addition to rental income from strong tenants on 2nd floor.
- Improvements include classroom/conference facilities, new roof, new windows and boiler/chilling unit
- Basement level has tremendous potential and can be built out
- ±1.32 acres of land
- 75 Parking Spaces available
- Zoning: OT with uses that include but not limited to: retail, banking, office, business and professional use, government services, medical and dental
- Handicap accessible and passenger elevator in building.