One North Arlington | 90% Vacant, Owner-User Upside

Starting Bid $750,000

Brokered by Transwestern and powered by RealINSIGHT Marketplace, One North Arlington at 1500 West Shure Drive in Arlington Heights, IL is a 170,507-square-foot, seven-story office tower. The property offers approximately 90% availability, providing a buyer with immediate control of the building and substantial flexibility to re-lease, occupy or redevelop the asset. Situated on 7.25 acres at the four-way interchange of Route 53 and Dundee Road, the Property offers unmatched highway visibility, signage and access to I-90, I-290 and I-355, with O'Hare International Airport just 20 minutes away. Zoned M-1, the building is one of the few in Arlington Heights that can pivot to flex-industrial redevelopment. The upper five floors offer approximately 130,000 contiguous square feet, including private balconies, creating a compelling opportunity for a large single user or owner-occupant. The property is leased to three tenants, OB-Gyne Billing, Pinnacle Live and Sterling Lawyers, occupying just 16,566 SF, creating an opportunity for a buyer to reposition the asset. The nearby former Arlington Park Racetrack, purchased by the Chicago Bears for $197.2 million, is slated to become the region's next major entertainment destination, reinforcing long-term demand for this rare, large-block suburban Chicago asset.

170,507 SF Office Tower, ~90% Available Now: Immediate buyer control to re-lease, occupy, or redevelop a seven-story suburban Chicago asset.

Four-Way Interchange Highway Exposure: Route 53 and Dundee Road access reaches I-90, I-290, and I-355, with O'Hare 20 minutes away.

130,000 SF Contiguous Across Upper Floors: Five upper floors with private balconies create a compelling single-user or owner-occupant fit.

Arlington Park Redevelopment Reinforces Area: Chicago Bears' $197.2M former racetrack purchase signals a coming major entertainment district.

Auctioneer: Scott Bowers

Auctioneer License: 040000273

Auctioneer Company: c/o Fisher Auction Company Inc.