Project Description

Governors Square
2200 W. Higgins Road, Hoffman Estates
Located within the Schaumburg Area Office Submarket, Governors Square Office & Bank Center presents an excellent “Value-Add” opportunity. Consisting of (3) one-story freestanding buildings with 12 office suites in each building, this 36-Unit property is ideally located between W. Higgins Rd., Barrington Rd. and the Jane Adams, I-90 Toll Road. Current Tenant uses include Medical, Dental, Legal & Accounting Services. Occupancy currently stands at 40% and is cash flowing positively. Proforma N.O.I. at 88% occupied could exceed $270,000 per year. 2200 W. Higgins is Bank Owned and being sold AS-IS.
PROPERTY DETAILS:
List Price: | $1,290,000 |
Building Size: | 30,300 SF |
Total Lot Size: | 2.77 AC |
Zone: | Commercial |
Year Built: | 1979 |
PROPERTY LOCATION:
For more information, please contact:
Steven Maher
SMaher@KinzieGroup.com
847-208-4450