Property for Sale: 2270 W Higgins, Hoffman Estates, IL 60169 SOLD
$2,150,000
$2,150,000
2270 W Higgins,
Hoffman Estates, IL 60169 SOLD
$2,150,000
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Selling Price: $2,150,000
Original List Price: $2,499,000
Sold at 86.0% of list price
Sold Date: 06/17/2019
Type Commercial
Year Built 2016
City Hoffman Estates
County Cook
MLS 10319122
Status Closed
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%
Lot & Building Features
Cooling Central Individual
Tax Year 2017
Lot Dimensions APPROX 143 X 340 ft
Price History of 2270 Higgins, Hoffman Estates, IL
Date | Name | Price | Difference |
---|---|---|---|
04/24/2019 | Price Adjustment | $2,150,000 | 13.97% |
12/31/1969 | Listing Price | $2,499,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Direct: 708-237-7778
Office
Listed by Sperry Van Ness, Wayne Caplan
Sold by NON MEMBER, Non Member
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Sperry Van Ness |