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Three Multi-Tenant Office Buildings - Chicago MSA
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Auction #
367-1 -
Interior Space:
± 41,161 SF -
Transaction Fee:
5% -
Broker1.5%
Co-op:
Three Multi-Tenant Office Buildings - Chicago MSA
Medical/Office Property For Sale in Arlington Heights, IL
3115, 3125, 3135 N. Wilke Road, Arlington Heights, IL 60004Chicagoland Commercial Real Estate and The Future of Real Estate FRE are pleased to present the Online Auction Plus event (ALLOWS FOR CONTINGENCIES) for the bulk sale of seventeen (17) condominiums within three multi-tenant office buildings located in Arlington Heights, IL.
Property Highlights:
- ±41,161 SF of Office Space
- Seventeen (17) office condos
- Currently 59% leased
- Portfolio of condos presents investors opportunity to purchase asset with tremendous upside potential and adding additional revenue through lease-up
- 3115 N. Wilke: ±18,317 SF consisting of nine (9) condos and is 48% leased
- 3125 N. Wilke: ±7,124 SF consisting of five (5) condos and 18% leased
- 3135 N. Wilke: ±15,720 SF consisting of three (3) condos and 83% leased
- Professional park-like setting
- Excellent parking access
- 4:1,000 parking ratio
The single story office campus was built in 1984 and is located off N. Wilke Road, just north of Rand Road and south of the Dundee Road interchange of Route 53. The campus boasts excellent visibility from the highway and is situated close to nearby shopping, restaurants and services along Route 53.
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Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Chicagoland Commercial Real Estate, IL
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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3Review InformationAccess property information to make better-informed decisions. Available information varies depending on each real estate asset type.
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4Submit Deposit (if required)Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
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5Place Online BidPlace bids on your selected asset prior to the deadline. Specifics vary for each asset.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
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Cook County
Arlington Heights, IL -
Property Type: Commercial Property
-
Interior Space: ± 41,161 SF
-
Transaction Fee: 5%
-
Broker Co-op: 1.50%
Chicagoland Commercial Real Estate and The Future of Real Estate FRE are pleased to present the Online Auction Plus event (ALLOWS FOR CONTINGENCIES) for the bulk sale of seventeen (17) condominiums within three multi-tenant office buildings located in Arlington Heights, IL.
Property Highlights:
- ±41,161 SF of Office Space
- Seventeen (17) office condos
- Currently 59% leased
- Portfolio of condos presents investors opportunity to purchase asset with tremendous upside potential and adding additional revenue through lease-up
- 3115 N. Wilke: ±18,317 SF consisting of nine (9) condos and is 48% leased
- 3125 N. Wilke: ±7,124 SF consisting of five (5) condos and 18% leased
- 3135 N. Wilke: ±15,720 SF consisting of three (3) condos and 83% leased
- Professional park-like setting
- Excellent parking access
- 4:1,000 parking ratio
The single story office campus was built in 1984 and is located off N. Wilke Road, just north of Rand Road and south of the Dundee Road interchange of Route 53. The campus boasts excellent visibility from the highway and is situated close to nearby shopping, restaurants and services along Route 53.
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Chicagoland Commercial Real Estate, IL
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.