Property Overview

2004 Miner St. is a recently partially renovated, 57,500 Square Foot office building located in Des Plaines IL. A class B office building built in 1972, the building features a unique floor plan of spacious office space which can be divided amongst tenants. The building offers qualified investors or users with an opportunity to acquire a well located partially remodeled office building with great access to I-294 and O'Hare airport.

Highlights

  • Partial building is move in ready with substantial improvements and furniture in place. The balance of the building which only requires a light renovation to become tenant ready provides a value add incentive for a new investor or user seeking occupancy.
  • Partial renovations includes a new grand foyer entrance, high efficiency lighting, 180 surface parking spaces, and a large signage opportunity. The asset also includes an elevator which has had recent upgrades.
  • Amenities include high ceilings, kitchen facilities, mail room, security systems, and partitioned offices, and partially upgraded bathrooms.
  • The building is located four blocks from downtown Des Plaines as well as quick access from I-294/I-90.

Key Details

Asking Price
$5,450,000
Lot Size
53,578 SF
Building Size
57,500 SF
Cap Rate
9.57
Year Built
1972