1585 N Barrington Rd - Medical CONDO FOR SALE


Hoffman Estates, IL 60169
$1,200,000 USD
312-496-6583
1585 N Barrington Rd, Hoffman Estates, IL for Sale
$1,200,000 USD
Medical CONDO - FOR SALE
1/10
null | 9.35% Cap Rate

1585 N Barrington Rd
Hoffman Estates, IL 60169


HIGHLIGHTS

  • Prime location with excellent visibility along Barrington Road, near I-90 and major retail and dining hubs.
  • Flexible space suitable for retail, office, or medical use, with ample on-site parking.
  • Situated in a growing commercial area with strong traffic counts and a vibrant surrounding community.

OVERVIEW

SIGNIFICANT PRICE REDUCTION! PRICED TO SELL. Inquire for Offering Memorandum. -Space currently occupied by great credit tenant ($1.8B valuation company) -Average cap rate of 9.35% -Long term, non-cancellable lease -Modified gross lease structure -Landlord solely responsible for structural maintenance/repairs

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

9.35%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Doctors Building Two - Medical Condos

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

90,000 SF

STORIES

6

BUILDING CLASS

A

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

400

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,259 SF

ZONING

B-1

APN/PARCEL ID

07-07-100-023-0000

ASK ABOUT THIS PROPERTY

Ethan BrahamAdvocate Commercial Real Estate AdvisorsMore Info
312-496-6583

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Ethan BrahamAdvocate Commercial Real Estate AdvisorsMore Info
312-496-6583

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.