1260 W Higgins Road W Hoffman Estates, IL $ 999,900
1260 W Higgins Road W
$ 999,900
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1260 W Higgins Road W

Hoffman Estates, IL, 60169
$ 999,900
Baths0.0 Sq 5,100

Monthly Estimate*

$ 6,646

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Studio

Commercial Property for sale in Hoffman Estates, IL

for $999,900. This 5,100 square foot building was built in 1970 on a lot size of 0.92.

A rare opportunity for medical professionals or businesses seeking a move-in-ready space with exceptional versatility. Situated on approximately one acre of land, the single-story, 5,100-square-foot medical office building boasts a 74-vehicle parking lot for convenience. Originally constructed in 1970 and meticulously renovated in 1985 and 2014, this building has been thoughtfully maintained and upgraded over the years. Designed specifically for medical use, the interior features high-quality fixtures and finishes, including medical-grade wood and tile flooring throughout. The layout, currently configured as a single unit, can easily be subdivided into two separate private units if desired, providing flexibility for various business needs. With eight exam rooms, a recovery room, an operating room, and other specialized spaces, the building caters perfectly to medical practices. However, its adaptable design also lends itself well to other potential uses such as retail or office space. The strategic location with a prominent street sign facing Higgins ensures excellent visibility, making it an ideal spot for any business. In summary, this property offers a turn-key solution with a well-maintained, move-in-ready medical office building, ample parking, and a strategic location. Its versatile layout and high-quality features make it an attractive option for medical professionals and businesses across various industries.

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Commercial Active

Price

$ 999,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 55,344

Style

Commercial,Office,Special Use

Lot Size

0.92

Year Built

1970

Town/City

Hoffman Estates

County/Region

Cook

MLS | Web ID

11738068

Features
General
Cooling Central Air
Possession Closing Immediate
Roof Composition
Zoning COMMR
Construction Materials Brick Block
Year Built 1970
Electric Service - 201 to 600 Amps
Tenant Pays Janitorial Service Repairs
Stories 1
Township Schaumburg
Property SubType Medical Office
Tax Year 2022
Current Use Commercial Office Special Use Other
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 10000
Property Type Commercial Sale Office/Tech
Possible Use Office and Research Retail Special Use Other
Status Active
Directions Between GOLF Rd & BARRINGTON Rd right on Higgins just west of Hoffman Estates High School.
City Hoffman Estates
Total Units 1
MLS Area Hoffman Estates
Lot Size Square Feet 40424
Street Name Higgins
Tax Annual Amount 55344
Additional Parcels Y/N N
Leasable Area 5100
Days on Market 435
Lease Type Net
Standard Status Active
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Interior
Flooring Vinyl Other
Street Suffix Road
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5100
Lot Dimensions 125 X 345
Lot Size Acres 0.92
Frontage Type City Street
Exterior Brick
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* Excluded Features
List By
Re/Max At Home

Broker

baseltarabein@remax.net;BaselTarabein@remax.net

Email

Affordability Calculator

$11,258
Per Month
59%
41%
0%
Monthly Principal & Interest
$6,646
Monthly Property Taxes
$4,612
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/2/2023$999,900 -19.94% Price Down
3/15/2023$1,249,000 Listed Price

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1260 W Higgins Road W, Hoffman Estates, IL, 60169 is a Commercial Property for sale at $999,900 with 5,100 sqft and a lot size of 0.92. 1260 W Higgins Road W is a studio with 0.0 baths and was built in 1970. The property's zip code is 60169 which is in Hoffman Estates, IL