505 E Golf Road Arlington Heights, IL $ 995,000
505 E Golf Road
$ 995,000
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505 E Golf Road

Arlington Heights, IL, 60005
$ 995,000
Bedrooms-- Baths-- Sq 17,780
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Property for Rent in Arlington Heights, IL

for $995,000. This 17,780 square foot property was built in 1990.

This well built and well maintained building has been owned by its original builder since the day it was built. It's very well suited to an owner/user who values the range of options it provides to scale a business while also generating rental income. The building is located in a high traffic corridor on Rt 58/Golf Rd and is adjacent to major redevelopment projects currently underway in this section of Arlington Heights. The Bears aren't the only ones who've made a big investment in Arlington Heights! The Gateway Project, which is immediately next door to this property is a comprehensive redevelopment plan for the I-90 access route into Arlington Heights. There are currently two major development projects underway or nearing completion within this area and a major development currently being planned (Urban Street) almost directly across the street from this property. This is a solid property to own today and will only grow in value as the many adjacent developments are completed. This building also includes c. 8,000 s.f. of basement space, all of which features excellent ceiling height and much of which is finished into meeting rooms, break rooms, a kitchen, etc.

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Rental Active

Price

$ 995,000

Taxes

$ 100,182

Style

Year Built

1990

Town/City

Arlington Heights

County/Region

Cook

MLS | Web ID

12567411

Features
General
Cooling Central Air
Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby
Possession Closing
Zoning OFFIC
Construction Materials Brick
Year Built 1990
Electric Circuit Breakers
Tenant Pays All Utilities
Stories Count 1
Township Elk Grove
Tax Year 2024
Gross Income 163122
County Cook
Net Operating Income 26342
Operating Expense 36598
Property Type Commercial Sale Office/Tech
Status Active
Directions Golf Rd E of Algonquin Rd and N of I-90
City Arlington Heights
MLS Area Arlington Heights
Tax Annual Amount 100182
Additional Parcels Y/N N
Leasable Area 8000
Lease Type Modified Gross
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 17780
Lot Dimensions 234x244x135x107x290
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* Excluded Features
List By
Keller Williams Success Realty

Broker

tyler@lewkepartners.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$995,000 Listed Price

Map


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505 E Golf Road, Arlington Heights, IL, 60005 is a Property for Rent at $995,000 with 17,780 sqft. 505 E Golf Road was built in 1990. The property's zip code is 60005 which is in Arlington Heights, IL