Hoffman Estates, IL 60169,2270 W Higgins Road
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Hoffman Estates, IL 60169,2270 W Higgins Road
Hoffman Estates, IL 60169,2270 W Higgins Road
Hoffman Estates, IL 60169,2270 W Higgins Road
Hoffman Estates, IL 60169,2270 W Higgins Road

$2,150,000

Est. payment /mo

$2,190,000

1.8%
Est.Price: ?

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2270 W Higgins Road Hoffman Estates, IL 60169

4,388 SqFt

SOLD DATE : 06/17/2019

Key Details

Sold Price $2,150,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 4,388 sqft

Price per Sqft $489

MLS Listing ID 10319122

Sold Date 06/17/19

Year Built 2016

Annual Tax Amount $72,165

Tax Year 2017

Lot Dimensions APPROX 143 X 340

Property Description

Huge Price Reduction!!! Absolute NNN McDonald's Ground Lease with 17+ years remaining on the lease in Hoffman Estates, IL - a near suburb of Chicago. New construction building ('16), this property has been built to McDonald's most updated prototype site and building including a double drive-thru lane. McDonald's has been a tenant in this location since 1983. Investors will benefit from this absolute NNN deal as there is zero landlord responsibility- tenant is responsible for all expenses, repairs, roof, structure, etc. The property is an outlot of Barrington Square Town Center. Benefits from great co-tenancy including Buona Beef (new prototype building scheduled to open late 2019), Poplar Creek Bowl, Advance PreSchool, America's Bar, Gigi's Playhouse and Garibaldi's Restaurant. In immediate proximity to large office parks and is directly across the street from Amita Health St. Alexius Medical Center campus with 300+ beds & 2700 employees. Price reduced $300k from original. CAP at 4.8%

Location

State IL

County Cook

Interior

Cooling Central Individual

Fireplace N

Exterior

View Y/N true

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Listed by Wayne Caplan • Sperry Van Ness
Bought with Non Member • NON MEMBER

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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