ClosedPrice Reduced

$999,900

$1,249,000
1260 Higgins Road, Hoffman Estates, IL 60169
598 days
1260 Higgins Road·Hoffman Estates, IL 60169
1970Year Built
About This Home

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.

MLS# 11738068Listed March 15, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1970
Lot Size0.920 acres

Location

CountyCook
TownshipSchaumburg
Zip Code60169

Financial

List Price$999,900
Original Price$1,249,000
Annual Taxes (2022)$55,344
Monthly Tax Est.$4,612
Parcel #07084090230000
Interior Features

Flooring

VinylOther

Cooling

Central Air
Exterior & Lot

Construction

BrickBlock

Roof

Composition

Foundation

Concrete Perimeter
Utilities & Parking

Electric

Service - 201 to 600 Amps
Tax & Financial
Annual Taxes
$55,344
Tax Year 2022
Monthly Tax Est.
$4,612
per month
Price Reduced by $249,100
Original list price: $1,249,000
Property Location

1260 Higgins Road, Hoffman Estates, IL 60169 — Cook County

$999,900
1260 Higgins Road
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
598 days on market
0.920 acres
$55,344/yr taxes
Price reduced $249,100
$9,867
estimated monthly payment
Principal & Interest
$5,255/mo
Property Tax
$4,612/mo
$999,900
20% — $199,980
3%50%
6.875%
3%12%
Loan Amount
$799,920
Down Payment
$199,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX At Home
Agent: Basel Tarabein
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