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1260 W Higgins Road W, Hoffman Estates, IL 60169
$999,900
1260 W Higgins Road W, Hoffman Estates, IL 60169View this property at 1260 W Higgins Road W, Hoffman Estates, IL 60169
1260 W Higgins Road WHoffman EstatesIL60169
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Property Description
The property you described is a single-story, 5,100-square-foot medical office building situated on approximately one acre of land with a 74-vehicle parking lot. It was originally constructed in 1970, underwent renovations in 1985, and had a full-interior renovation completed in 2014. The building features a prominent street sign facing Higgins, providing excellent visibility. The interior of the building is in excellent condition and has been well-maintained. It is designed specifically for medical use and boasts high-quality fixtures and finishes suitable for medical practices. The property is move-in ready, making it a turn-key option for medical professionals looking for a new space. Currently, the building is configured as a single unit, but it has the potential to be subdivided into two separate private units if desired. The existing layout includes eight exam rooms, a water closet, a recovery room, a special procedures room, a work room, an operating room, a nurses' station, an X-ray room with leaded walls, a dark room, two offices, a business/admin office, a reception area, utility rooms, and storage space. The floors throughout the building are made of medical-grade wood and tile, adding to the overall appeal and functionality of the space. Although the building is currently being used as a medical facility, its design and layout lend themselves well to other potential uses such as retail or office space. With its prime location and adaptable layout, the building could easily be converted into a car dealership, automobile service center, retail showroom, or any other office/retail establishment. In summary, this property offers a well-maintained, move-in-ready medical office building with ample parking and a strategic location. Its versatile layout and high-quality features make it an attractive option for medical professionals, as well as businesses in other industries looking for a desirable space.
Full Property Details
Full Property Details for 1260 W Higgins Road W
General
- Price: $999,900
- Taxes: $37,795 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11738068
- Updated: 4/17/2024
- Added to Site: 412 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Accessible Entrance, Private Restroom(s), Other
- Flooring: Vinyl, Other
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 51 to 100 Spaces
Location
- Area: Hoffman Estates
- County: Cook
- Township: Schaumburg
- Driving Directions: Between GOLF Rd & BARRINGTON Rd right on Higgins just west of Hoffman Estates High School.
- Location Details: Northwest Suburban, Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick, Block
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Sub-Flooring: Vinyl, Other
- Stories/Levels: 1
- Square Feet: 5,100
- Current Bldg. Use: Commercial, Office, Special Use, Other
- Year Built: 1970
- Built Before 1978: Yes
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 0.92
- Lot Size (Sq. Ft.): 40,424
- Lot Dimensions: 125 x 345
- Frontage: City Street
- Potential Use: Office and Research, Retail, Special Use, Other
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $10,000
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1970
- Tax Amount: $37,795
- Tax Year: 2022
- Tenant Pays: Janitorial Service, Repairs
Disclosures and Reports
- Property ID: 7084090230000
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Schools
Schools serving 1260 W Higgins Road W
School Districts:Schaumburg Community Consolidated School District 54, Township High School District 211
Rating | Name | Grades | Distance |
---|---|---|---|
1800 Chippendale Rd, Hoffman Est, IL 60169 | PK-6 | 0.5 mi | |
800 Hassell Rd, Hoffman Est, IL 60169 | 7-8 | 0.9 mi | |
1100 W Higgins Rd, Hoffman Est, IL 60169 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1260 W Higgins Road W
Date
Details
Price
Change
Source
8/02/2023
Price Reduced
$999,900
-19.94%
MLS
3/15/2023
Listed
$1,249,000
13.55%
MLS
6/18/2019
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1260 W Higgins Road W
Year
Property Taxes
Change
Tax Assessment
Change
2022
$55,345
-19%
$186,353
-9%
2021
$68,720
11%
$205,108
8%
2020
$61,908
3%
$189,202
-8%
2019
$60,049
-2%
$205,108
9%
2018
$61,305
2%
$188,007
—
2017
$60,213
8%
$188,007
—
2016
$56,012
—
$188,007
7%
2015
$56,206
2%
$174,997
—
2014
$55,213
3%
$174,997
—
2013
$53,802
10%
$174,997
—
2012
$48,975
—
$174,998
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1260 W Higgins Road W
1260 W Higgins Road W, Hoffman Estates, IL 60169 (MLS# 11738068) is a Commercial property. 1260 W Higgins Road W is currently listed for $999,900 and was received on March 15, 2023. Want to learn more about 1260 W Higgins Road W? Do you have questions about finding other Commercial real estate for sale in Hoffman Estates? You can browse all Hoffman Estates real estate or contact a Coldwell Banker agent to request more information.