SQUARE FEET17,780
MLS#12567411
STATUSContingent
PROPERTY TYPECommercial - Office
Property Description
**NOTE: Owner just won a BIG REDUCTION in taxes through an appeal! Financials available on request.** 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.
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 1.40 Acres
Stories: 1.0
Year Built: 1990
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Sprinklers
Foundation: Concrete Perimeter
HVAC: Forced Air, Gas
Lot Dimensions: 234x244x135x107x290
Parcel#: 08151000180000
Parking: 51-100 Spaces
Tenant Pays: All Utilities
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Listed By / Shown By
Listed By
Agency Name: Keller Williams Success Realty
Agency Phone: 815-444-6790
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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505 E Golf Road | MLS# 12567411
This commercial property located at 505 E Golf Road, Arlington Heights, IL 60005 is currently listed for sale with an asking price of $995,000. Search Arlington Heights real estate on www.bhhscrosby.com today.