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1585 N Barrington Rd - Doctors Building Two - Medical Condos
3,200 SF Office/Medical Condo Unit Offered at $1,200,000 in Hoffman Estates, IL 60169
Investment Highlights
- Prime location with excellent visibility along Barrington Road, near I-90 and major retail and dining hubs.
- Situated in a growing commercial area with strong traffic counts and a vibrant surrounding community.
- Flexible space suitable for retail, office, or medical use, with ample on-site parking.
Property Facts
| Price | $1,200,000 | Building Class | A |
| Unit Size | 3,200 SF | Floors | 6 |
| No. Units | 1 | Typical Floor Size | 12,983 SF |
| Total Building Size | 90,000 SF | Year Built | 1992 |
| Property Type | Office (Condo) | Lot Size | 4.23 AC |
| Property Subtype | Medical | Parking Ratio | 5/1,000 SF |
| Sale Type | Investment |
| Price | $1,200,000 |
| Unit Size | 3,200 SF |
| No. Units | 1 |
| Total Building Size | 90,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment |
| Building Class | A |
| Floors | 6 |
| Typical Floor Size | 12,983 SF |
| Year Built | 1992 |
| Lot Size | 4.23 AC |
| Parking Ratio | 5/1,000 SF |
1 Unit Available
Unit 401
| Unit Size | 3,200 SF | Sale Type | Investment |
| Price | $1,200,000 | Cap Rate | 9.35% |
| Price Per SF | $375.00 | NOI | $112,200 |
| Condo Use | Office/Medical |
| Unit Size | 3,200 SF |
| Price | $1,200,000 |
| Price Per SF | $375.00 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 9.35% |
| NOI | $112,200 |
Description
-Recently renovated medical fertility clinic in great condition
-Within Saint Alexius Medical Campus
Sale Notes
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
zoning
| Zoning Code | B-1 (Medical Office) |
| B-1 (Medical Office) |
Presented by
1585 N Barrington Rd - Doctors Building Two - Medical Condos
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