Overview
Amenities
Price details
1845 E Rand Rd #L100,
Arlington Heights, IL 60004
$495,000 $inf/sf $9.9K Cash Back*
1845 E Rand Rd #L100, Arlington Heights, IL 60004
Commercial for sale beds0 baths0 Sqft
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$9.9K Cash Back*
$495,000 $9.9K Cash Back*
Overview:
Great office investment in the lower level of a office condominium building. The office is 5,500 square feet and occupied with a long-term net lease ending in 2032. The tenant currently pays 4,037 a month up until the end of 2023. With this listing price, the building will be sold for a 9.8% Cap rate. Starting next year, the tenant will pay 4,440 a month. Starting next year, the cap rate will be 11%. Rents will also rise after 2029 to 4884 a month. This unit is a great investment opportunity for potential investors. Tenant pays property taxes, CAM, and utilities.
MLS #: 11821081
Facts:
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•Type: Commercial
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•Built in: 1984
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•APN: 03213020281030
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•Lot size: 2.2 Acres
*
Refunds vary by closing price, commission proposed and negotiation process. Discover more on our Terms & Conditions.
Next Open house:
Score:
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Soundscore™
Checkout the neighborhood!
Hospital
Pharmacy
Veterinary
Store
Pet Store
Restaurant
Bar
Gym
Parking
Gas Station
Airport
Bank
Bus Station
Fire Station
Police
Post Office
Park
*Data provided by GreatSchools.org © 2023. All rights reserved. The GreatSchools.org rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
Active listing provided by:
John Kim of Homes R Us Realty Inc., Source MRED, MLS #11821081
Listing Agent Phone #: 847-773-1000
IDX site disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the MLS GRID. Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
MLS
Grid Based on information submitted to the MLS GRID as of
04/30/2024 09:37 AM. All
data is obtained from various sources and may not have been verified by broker or
MLS GRID. Supplied Open House Information is subject to change without notice. All
information should be 4 independently reviewed and verified for accuracy. Properties
may or may not be listed by the office/agent presenting the information. MRED DMCA Notice.
Listings courtesy of MRED MLS as distributed by MLS GRID. Last Update: 04/30/2024 09:37 AM
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