A 20,500-square-foot, multi-tenant medical office building known as Governor’s Plaza sold at 2260 W. Higgins Road, Hoffman Estates in an off market transaction. The property sold for $2,432,250.
Olivia Czyzynski and Jennifer Hopkins of SVN | Chicago Commercial represented the out-of-state seller and Zishan Alvi of Sky High Real Estate represented the buyer. The property was 60 percent occupied at the time of the sale and was sold as an investment property. The buyer was interested in this property after receiving specific target marketing materials from SVN.
The two-story professional medical building is in close proximity to both Alexian Brothers Behavioral Health Hospital and St. Alexius Medical Center. Building tenants include Fertility Centers of Illinois, Higgins Physical Medicine, Shepard Periodontics and Frank Zorilla DDS.