For Sale
For Sale
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Year Built
1989
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Total Building Size
11,400 RSF
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Overview
Built in 1989, this well-maintained bank/office building boasts 11,400 SF of above ground space, as well as a 5,700 SF basement. The property sits along heavily-traveled Dundee Road (37,185 VPD), at lighted intersection of Dundee and Ridge. The property totals .9 acres (39,111 SF) and is zoned B-2 (General Business). The property does contain a deed restriction that provides for bank or office use only. As such, this property is an ideal bank/medical office redevelopment for the opportunistic buyer/investor. Adjacent to the Ridge Plaza shopping center, this area of Dundee has become a strong retail corridor for the area. Neighboring businesses include Portillo's, Kohl's, XSport Fitness, Walker Bros. Original Pancake House, Panera Bread, Aldi, Qudoba, SuperCuts, as well as numerous car dealerships all resulting in high traffic counts on strong consumer spending. Hilco Real Estate, LLC, in cooperation with Jeff Azuse, IL Broker, Lic. #471.011086. ©2020 Hilco Global, LLC REDUCED ASKING PRICE: $749,000 ON-SITE INSPECTIONS: By Appointment Only Please submit offers to the offices of Hilco Real Estate, 5 Revere Drive, Suite 320, Northbrook, IL 60062, Attention: Steve Madura or via email to smadura@hilcoglobal.com.
Property Details
First Midwest Bank Property - Arlington Heights, IL
Built in 1989, this well-maintained bank/office building boasts 11,400 SF of above ground space, as well as a 5,700 SF basement. The property sits along heavily-traveled Dundee Road (37,185 VPD), at lighted intersection of Dundee and Ridge. The property totals .9 acres (39,111 SF) and is zoned B-2 (General Business). The property does contain a deed restriction that provides for bank or office use only. As such, this property is an ideal bank/medical office redevelopment for the opportunistic buyer/investor. Adjacent to the Ridge Plaza shopping center, this area of Dundee has become a strong retail corridor for the area. Neighboring businesses include Portillo's, Kohl's, XSport Fitness, Walker Bros. Original Pancake House, Panera Bread, Aldi, Qudoba, SuperCuts, as well as numerous car dealerships all resulting in high traffic counts on strong consumer spending. Hilco Real Estate, LLC, in cooperation with Jeff Azuse, IL Broker, Lic. #471.011086. ©2020 Hilco Global, LLC REDUCED ASKING PRICE: $749,000 ON-SITE INSPECTIONS: By Appointment Only Please submit offers to the offices of Hilco Real Estate, 5 Revere Drive, Suite 320, Northbrook, IL 60062, Attention: Steve Madura or via email to smadura@hilcoglobal.com.
- Property TypeOffice
- Submarket
- Year Built1989
- Sale Price$749,000
- Total Building Size11,400RSF
- Total Acres1.0
- Building ClassB
- Sale StatusAvailable
- Property ID2003674
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