This Office Property is no longer advertised on LoopNet.com.

1845 E Rand Rd
Arlington Heights, IL 60004
Olive Rand Professional Building · Office Property For Sale

Investment Highlights

  • Corner end cap surrounded by windows
  • 4 lane teller drive-through

Executive Summary

Bank office condo end cap with Rand Road US12  frontage on the traffic light corner of Olive Street with high visibility to over 29,700 VPD. Suite is comprised of 2,500SF of office space on the main level surrounded by corner window lines, a separate 690SF drive-through teller hub on the lower level connecting 4 drive-through teller lanes equipped with pneumatic tubes covered by canopy with signage. Parking 85 surface spaces. Offering 7% CAP NNN. Offered at $650,000.

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type
Office
  • General Retail Bank
Building Class C
Lot Size 2.20 AC
Rentable Building Area 41,044 SF
No. Stories 2
Year Built 1984
Parking Ratio 4.87/1,000 SF
APN / Parcel ID
03-21-302-028-1087
  • 03-21-302-028-1088
  • 03-21-302-028-1089
  • 03-21-302-028-1090
  • 03-21-302-028-1091
  • 03-21-302-028-1092
  • 03-21-302-028-1093
  • 03-21-302-028-1094
  • 03-21-302-028-1095
  • 03-21-302-028-1096
  • 03-21-302-028-1097
  • 03-21-302-028-1098
Zoning B-2A, Arlington Hts. - General Commercial District
  • Listing ID: 18478864

  • Date on Market: 2/10/2020

  • Last Updated:

  • Address: 1845 E Rand Rd, Arlington Heights, IL 60004

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}