Address
1260 W Higgins Road W, Hoffman Estates, IL
Price
$ 999,900
Property Attributes
  • MLS#11738068
  • TypeCommercial
  • CountyCOOK
  • CityHoffman Estates
  • AreaHoffman Estates
  • Zip60169
  • StyleCommercial,Office,Special Use
  • Year Built1970
  • Taxes$ 68719
  • Price$ 999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5100
  • Lot Size0.92 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

The property you described is a single-story, 5,100-square-foot medical office building situated on approximately one acre of land with a 74-vehicle parking lot. It was originally constructed in 1970, underwent renovations in 1985, and had a full-interior renovation completed in 2014. The building features a prominent street sign facing Higgins, providing excellent visibility. The interior of the building is in excellent condition and has been well-maintained. It is designed specifically for medical use and boasts high-quality fixtures and finishes suitable for medical practices. The property is move-in ready, making it a turn-key option for medical professionals looking for a new space. Currently, the building is configured as a single unit, but it has the potential to be subdivided into two separate private units if desired. The existing layout includes eight exam rooms, a water closet, a recovery room, a special procedures room, a work room, an operating room, a nurses' station, an X-ray room with leaded walls, a dark room, two offices, a business/admin office, a reception area, utility rooms, and storage space. The floors throughout the building are made of medical-grade wood and tile, adding to the overall appeal and functionality of the space. Although the building is currently being used as a medical facility, its design and layout lend themselves well to other potential uses such as retail or office space. With its prime location and adaptable layout, the building could easily be converted into a car dealership, automobile service center, retail showroom, or any other office/retail establishment. In summary, this property offers a well-maintained, move-in-ready medical office building with ample parking and a strategic location. Its versatile layout and high-quality features make it an attractive option for medical professionals, as well as businesses in other industries looking for a desirable space.

Price History
3/15/2023 Listed $1,249,000
8/2/2023 20% - $999,900

General Features

Cooling Central Air
Possession Closing,Immediate
Roof Composition
Zoning COMMR
Construction Materials Brick,Block
Year Built 1970
Electric Service - 201 to 600 Amps
Tenant Pays Janitorial Service,Repairs
Stories 1
Township Schaumburg
Tax Year 2021
Current Use Commercial,Office,Special Use,Other
County Cook
Operating Expense 10000
Property Type Commercial Sale
Possible Use Office and Research,Retail,Special Use,Other
Status Active
Directions Between GOLF Rd & BARRINGTON Rd right on Higgins just west of Hoffman Estates High School.
City Hoffman Estates
Total Units 1
MLS Area Hoffman Estates
Lot Size Square Feet 40424
Street Name Higgins
Tax Annual Amount 68719
Additional Parcels Y/N No
Leasable Area 5100
Days on Market 208
Lease Type Net
Standard Status Active
Property Type Office/Tech

Interior Features

Flooring Vinyl,Other
Street Suffix Road

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 5100
Lot Dimensions 125 X 345
Lot Size Acres 0.92
Frontage Type City Street
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60169

Price
AVG $250K
$1,000K
Taxes
AVG $68,719
$68,719
Visits
AVG 144
379
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1970
Walkscore
AVG 43
64
Data Provided by Walkscore® not using MLS data

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