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Plum Grove Office Center 2401 S Plum Grove Rd
36,288 SF 27% Leased Office Building Palatine, IL 60067 $2,695,000 ($74/SF)
Investment Highlights
- Recent Renovations Include: New paint, Lighting & LVP Flooring in the Common Areas & extensive refresh of all tenant suites
- Attractive Atrium Building with Elevator & Rounded Central Skylight
- Ideal opportunity for a user/investor to occupy up to 5,000-36,288 SF for less than the cost to lease
- Spaces are easily divisible from 500- 36,288 SF (Entire Bldg can be made available if buyer needs entire bldg)
- Located just West of Rt 53 & Euclid interchange & just North of I-90 Interchange at Meacham Rd near Schaumburg Convention Center & Woodfield Mall
- See links below for 3-D Virtual Tours of building!
Executive Summary
• 36,288 SF Multi Tenant Office Building for Sale
• Recent Renovations Include: New paint, Lighting & LVP Flooring in the
Common Areas & extensive refresh of all tenant suites
• 1st floor is vacant (Prior tenant was Consumer Credit Union)
• Spaces are easily divisible from 500- 36,288 SF (Entire Bldg can be made available if buyer needs entire bldg)
• Attractive Atrium Building with Elevator & Rounded Central Skylight
• Located just West of Rt 53 & Euclid interchange & just North of I-90 Interchange at Meacham Rd near Schaumburg Convention Center & Woodfield Mall
• Ample Parking with 123 Spaces & Overflow spaces
• Tenant Controlled HVAC & 24-7 Tenant Access
• Close Proximity to Hotels and Restaurants (Palatine & Schaumburg)
•New Chicago Bears Stadium or other development located less than 1.5 miles away from building
•Existing 9,777 SF lease in place through 2026 providing $160,000 in existing income
•Building Signage Available on Busy Plum Grove Rd
• Fiber Optic & Cable connection on site & back-up power generator
•Visit our website for 3-D Virtual Tours of 1st floor space!
•Ideal opportunity for a user/investor to occupy up to 5,000-36,288 SF for less than the cost to lease
The entire building can be made available for a user investor. There is currently one lease in place on 2nd floor (9,777 SF). Tenant can vacate if needed. Brokers of Chicagoland Commercial, Inc. have a minority ownership interest in the property.
See links below for 3-D Virtual Tours of building!
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Property Manager on Site
- Security System
- Signage
- Skylights
- Kitchen
- Central Heating
- High Ceilings
- Natural Light
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2,000-18,144 SF on 1st Floor ( Former Consumers Credit Union Space with many upgrades) Entire bldg up to 36,288 SF can be made available for lease Building Signage Available on busy Plum Grove Road Tenant Controlled Heating & Cooling Located 1/2 mile North of New Schaumburg Entertainment district (Including restaurants hotels, Convention Center, Top Golf & much more) 24 Hour Access immediate Occupancy Comcast & Fiber into building Attractive Atrium Building w/ Skylights and Elevator Easy Access to Route 53/I-90 via Euclid Building Signage Available Located 1 Mile North of New Meacham Rd Full Interchange & I-90 Interior Renovations Completed 2023! See link below for 3-D Virtual Tour of 1st floor!
2,000-18,144 SF Office space available for lease Suites 200, 201 ,202 & 203 all available Spaces are easily divisible down to 1,000 sf if needed Building Signage Available on busy Plum Grove Road Tenant Controlled Heating & Cooling Located 1/2 mile North of New Schaumburg Entertainment district (Including restaurants hotels, Convention Center, Top Golf & much more) 24 Hour Access immediate Occupancy Comcast & Fiber into building Attractive Atrium Building w/ Skylights and Elevator Easy Access to Route 53/I-90 via Euclid Building Signage Available Located 1 Mile North of New Meacham Rd Full Interchange & I-90 Interior Renovations Completed 2023! Suite 200 has executive private restroom, shower & custom millwork See link below for 3-D Virtual Tour of 1st floor!
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 2,000-18,144 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200,201,202 & 203 | 2,000-8,367 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 2,000-18,144 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200,201,202 & 203
| Size |
| 2,000-8,367 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100
| Size | 2,000-18,144 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
2,000-18,144 SF on 1st Floor ( Former Consumers Credit Union Space with many upgrades) Entire bldg up to 36,288 SF can be made available for lease Building Signage Available on busy Plum Grove Road Tenant Controlled Heating & Cooling Located 1/2 mile North of New Schaumburg Entertainment district (Including restaurants hotels, Convention Center, Top Golf & much more) 24 Hour Access immediate Occupancy Comcast & Fiber into building Attractive Atrium Building w/ Skylights and Elevator Easy Access to Route 53/I-90 via Euclid Building Signage Available Located 1 Mile North of New Meacham Rd Full Interchange & I-90 Interior Renovations Completed 2023! See link below for 3-D Virtual Tour of 1st floor!
2nd Fl-Ste 200,201,202 & 203
| Size | 2,000-8,367 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
2,000-18,144 SF Office space available for lease Suites 200, 201 ,202 & 203 all available Spaces are easily divisible down to 1,000 sf if needed Building Signage Available on busy Plum Grove Road Tenant Controlled Heating & Cooling Located 1/2 mile North of New Schaumburg Entertainment district (Including restaurants hotels, Convention Center, Top Golf & much more) 24 Hour Access immediate Occupancy Comcast & Fiber into building Attractive Atrium Building w/ Skylights and Elevator Easy Access to Route 53/I-90 via Euclid Building Signage Available Located 1 Mile North of New Meacham Rd Full Interchange & I-90 Interior Renovations Completed 2023! Suite 200 has executive private restroom, shower & custom millwork See link below for 3-D Virtual Tour of 1st floor!
PROPERTY TAXES
| Parcel Number | 02-27-407-030-0000 | Total Assessment | $443,926 (2024) |
| Land Assessment | $243,789 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $200,137 (2024) | Tax Year | 2023 |
PROPERTY TAXES
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Plum Grove Office Center | 2401 S Plum Grove Rd
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