Map of Property

5 East College Drive

For Sale

5 East College Drive, Arlington Heights, IL 60004

This Arlington Heights property for sale is located at 5 East College Drive. The general use of 5 East College Drive is office and it incorporates 34,090 square feet of class B office space. The current listed sale price for 5 East College Drive is $1,600,000. 5 East College Drive is situated on a lot that is 1.56 acre in size.

Contacts

broker
Ronald Weissenhofer

SVN | Chicago Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 34,090 SF
  • Units 20
  • Lot Size 1.56 Acre
  • Parking Spaces Avail. 43
  • Parking Ratio 2.87 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1979
  • Date Updated Sep 11, 2025
Invest in the thriving Arlington Heights commercial real estate market. Located near the city of Chicago. The area boasts a strong local economy and solid job market, making it an attractive destination for businesses. With easy access to major transportation routes, including expressways and public transit, this location offers convenience for employees and clients alike. Nearby amenities include the lively Arlington Heights downtown area, renowned dining options, and popular entertainment destinations. The region's diverse and educated workforce, combined with the property's strategic location, positions it as a prime opportunity for office building investment.Discover a remarkable investment opportunity within the heart of the Chicago area. This impressive 34,090 SF office building, boasting 20 units, offers an exceptional investment potential. Built in 1979, the property's M-1 zoning provides flexibility for a variety of office uses. With an outstanding 99.4% occupancy rate, it demonstrates strong tenant demand, ensuring a stable income stream. The property's prime location offers convenient access to major transportation routes, enhancing its appeal to potential tenants. Seize the chance to add this high-performing asset to your portfolio and capitalize on the robust Chicago office market.
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Highlights

  • Ample parking
  • Easy access to Route 53 and I-294
  • High-speed internet access
  • Hotels and restaurants nearby
  • Landlord Occupies Building
  • Multi-story atrium building
  • Tenant-controlled HVAC - 24-Hour Access

Getting around

  • 57/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Arlington Heights, IL
  • Zip Code 60004
  • Market Chicago

Points of Interest

  • Arlington Park

    2.76 miles

  • Arlington Heights

    3.18 miles

  • Palatine

    3.57 miles

  • Mount Prospect

    5.25 miles

  • Deerfield

    7.29 miles

  • Barrington

    7.79 miles

  • Des Plaines

    7.88 miles

  • Mundelein

    9.49 miles

  • Clark

    1.19 miles

  • Shell

    1.26 miles

  • Good Stop

    1.36 miles

  • Speedway

    1.37 miles

  • Delta Sonic

    1.70 miles

  • Mobil

    1.77 miles

  • Exxon

    2.18 miles

  • BP

    2.43 miles

  • Tesla Supercharger

    4.09 miles

  • ChargePoint

    5.69 miles

  • Buffalo Creek Forest Preserve parking

    2.09 miles

  • Mariano's Fresh Market Parking Lot

    2.66 miles

  • Arlinton Park Parking Metra Station

    2.78 miles

  • Deer Grove - East Parking Lot

    3.11 miles

  • Pace Buffalo Grove Park & Ride

    3.43 miles

  • P7

    4.23 miles

  • Days Inn & Suites by Wyndham Arlington Heights

    1.05 miles

  • Courtyard

    1.47 miles

  • Motel 6 Palatine

    1.58 miles

  • Four Points by Sheraton Buffalo Grove

    1.67 miles

  • Motel 6 Rolling Meadows

    3.66 miles

  • Candlewood Suites

    3.88 miles

  • The Westin Chicago North Shore

    3.91 miles

  • Hampton Inn and Suites- Mount Prospect

    4.09 miles

  • Extended Stay America

    4.11 miles

  • Hampton Inn & Suites

    4.14 miles

  • ALDI

    0.71 miles

  • Kohl's

    0.88 miles

  • Burlington

    1.01 miles

  • Trader Joe's

    1.19 miles

  • Ross

    1.26 miles

  • Jewel-Osco

    1.33 miles

  • Garden Fresh Market

    1.37 miles

  • Amazon Fresh

    1.55 miles

  • Marshalls

    1.60 miles

  • Walmart

    1.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Ronald Weissenhofer

SVN | Chicago Commercial

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