Unknown LLC Acquires Medical Office In Arlington For $3M

The medical office building located at 2010 S. Arlington Heights Road in Arlington Heights, a Chicago suburb, spans 38,864 square feet. The property, recently sold for $3 million, is primarily occupied by medical tenants, with a current occupancy rate of 84%. Upgrades, including a new HVAC system, elevator, tile in first-floor corridors, and updated suites, have been implemented.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $3,000,000.00
• Address: 2010 S Arlington Heights Rd, Arlington Heights
• Market: Arlington
• Seller's Rep: Tami Andrew (Marcus & Millichap), Tammy Saia (Marcus & Millichap)
• Buyer: Unknown LLC
• SF: 38,864

Tammy Saia and Tami Andrew of Marcus & Millichap represented the seller in the transaction, a local limited liability company. The buyer, an Atlanta-based limited liability company, acquired the medical office building located in the Chicago suburb of Arlington Heights for $3 million.