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Chevy Chase Business Park - 150 Hastings Drive

Off-Market

150 Hastings Drive, Buffalo Grove, IL 60089

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 129,298 Sqft
  • Lot Size 5.57 Acre
  • Parking Spaces Avail. 90
  • Parking Ratio 0.70/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1993

Location

  • City Buffalo Grove, IL
  • Neighborhood Buffalo Grove
  • Zip Code 60089
  • Market Chicago

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Buffalo Grove

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Buffalo Grove Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $22.81
  • 2020 Office Vacancy Rate 23.03 %
  • 2020 Office Completions (Sqft)
View more Buffalo Grove market trends

Tax

  • Property Tax in 2020 $159,339
  • Market Value $4,965,025
  • Assessed Value $4,965,025

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Chevy Chase Business Park - 150 Hastings Drive?

Chevy Chase Business Park - 150 Hastings Drive totals 129,298 square feet.

When was this property built?

Chevy Chase Business Park - 150 Hastings Drive was built in 1993.

What is the property tax for Chevy Chase Business Park - 150 Hastings Drive?

The property tax for Chevy Chase Business Park - 150 Hastings Drive in 2020 was $159,339.

What is the market value for Chevy Chase Business Park - 150 Hastings Drive?

The market value for Chevy Chase Business Park - 150 Hastings Drive in 2020 was $4,965,025.

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