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Arlington Heights Medical Building 1628 Central Rd 8,455 SF 11% Leased Office Building Arlington Heights, IL 60005 $2,300,000 ($272.03/SF)

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INVESTMENT HIGHLIGHTS

  • Ideal for Owner-User to Occupy 3,750 SF of Medical Space on the First Floor
  • Built in 2007
  • 40+ Parking Spaces
  • Long Term Lease on the Second Floor
  • Taxes: $22,835

EXECUTIVE SUMMARY

Versa Real Estate Services is proud to serve as the exclusive listing agent for the sale or lease of 1628 Central Road in Arlington Heights, Illinois. This highly visible medical office building is ideally located near Endeavor's Northwest Hospital, offering a prime opportunity for healthcare providers. The first floor features a 3,750-square-foot pre-built medical suite in excellent condition, including five exam rooms with sinks, a reception and waiting area, and three private restrooms, with additional storage available on the lower level. The property is surrounded by a variety of fast-casual and fine dining options, enhancing convenience for staff and patients. For investors, the second-floor suite is secured under a long-term lease, providing stable income potential.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,455 SF
Building Class
B
Year Built
2007
Price
$2,300,000
Price Per SF
$272.03
Percent Leased
11%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,228 SF
Slab To Slab
12’
Building FAR
0.34
Lot Size
0.57 AC
Zoning
O2
Parking
40 Spaces (4.73 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,750 SF
  • Office
  • -
  • Now

This medical office suite features five fully equipped exam rooms, three restrooms, and a welcoming reception and waiting area designed for patient comfort. The space includes lower-level storage and ample parking with over 40 spaces available for staff and visitors. Prominent building signage offers excellent visibility for your practice.

Space Size Space Use Condition Available
1st Floor 3,750 SF Office - Now

1st Floor

Size
3,750 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 3,750 SF
Space Use Office
Condition -
Available Now

This medical office suite features five fully equipped exam rooms, three restrooms, and a welcoming reception and waiting area designed for patient comfort. The space includes lower-level storage and ample parking with over 40 spaces available for staff and visitors. Prominent building signage offers excellent visibility for your practice.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-31-302-022-1001
Land Assessment
$46,365
Improvements Assessment
$37,046
Total Assessment
$83,411
  • Listing ID: 37901474

  • Date on Market: 10/1/2025

  • Last Updated:

  • Address: 1628 Central Rd, Arlington Heights, IL 60005

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