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1628 Central Rd 7,500 SF Vacant Office Building Arlington Heights, IL 60005 $2,300,000 ($306.67/SF)
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
7,500 SF
Building Class
B
Year Built
2007
Price
$2,300,000
Price Per SF
$306.67
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,750 SF
Slab To Slab
12’
Building FAR
0.30
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
- Build-Out
- Available
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 | Build-Out | Available |
| 1st Floor | 3,750 SF | Office | - | Now |
1st Floor
| Size |
| 3,750 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 3,750 SF |
| Space Use | Office |
| Build-Out | - |
| 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.
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 03-31-302-022-1001 | Improvements Assessment | $48,135 |
| Land Assessment | $46,365 | Total Assessment | $94,500 |
Property Taxes
Parcel Number
03-31-302-022-1001
Land Assessment
$46,365
Improvements Assessment
$48,135
Total Assessment
$94,500
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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