Active

700 Nicholas Boulevard

Elk Grove Village, Illinois 60007


Kathy Jensen
773.757.8864

Request More Info

$3,400,000


Square Footage
40,000
Kathy Jensen
773.757.8864
Email me
Property Type
Institutional or Developmental
Neighborhood
Elk Grove Village


As an excellent Investment/Cash Flow opportunity, 700 Nicholas is a well maintained multi-tenant office building. Highly desirable proximity to O'hare International Airport & Chicago. WELL LEASED (87% occupancy) & comprised of architectural, freight, import/export, on-line services, health-care and civil engineering fields. Immediate 5% leasing upside from current management's office plus additional potential upside from common area conversation into rentable Sq. Ft. Mechanicals & rooftop in Excellent Condition. Amenities include fitness rm, common kitchen/conference rm, loading dock, overhead door, elevator, outdoor/indoor lounging space, tenant controlled HVAC, keyless entry, security cameras, fiber optics, On-site Public Transportation, plus more! Extensive renovations to common areas and tenant's suites in 2015 & 2016. Excellent street presence & exposure from Higgins Rd. Further market growth anticipated from the Elgin O'hare Western Access Project.



Full Features
Built: 1972
Cooling System: Central Air,Zoned
Stories: 4
Current Use: Commercial, Office and Research
Zoning: COMMR
Rentable Square Feet: 30,000
Building Square Feet: 40,000
Current Net Income: $33,900


Taxes & Assessments
Taxes: $93,741

Listing Office: Baird & Warner

broker reciprocity

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Midwest Real Estate Data, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.


Elk Grove Village

Elk Grove Village encompasses almost 11 square miles in northeastern Illinois near O'Hare International Airport. 3,600 businesses are located in the Elk Grove Village Business Park, the largest contiguous industrial park in the United States. Elk Grove's first settlers, New…

Learn More


Nearby Public Transportation

Metra

at






700 Nicholas Boulevard Elk Grove Village, Illinois 60007 is a institutional or developmental property, currently listed at $3,400,000. Want to learn more about 700 Nicholas Boulevard Elk Grove Village, Illinois 60007? Contact an @properties agent to request more info.


© 2017 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.