Address
1806 E Northwest Highway, Arlington Heights, IL
Price
$ 329,000
Property Attributes
- MLS#11949049
- TypeCommercial
- CountyCOOK
- CityArlington Heights
- AreaArlington Heights
- Zip60004
- StyleOffice
- Year Built1962
- Taxes$ 14830
- Price$ 329,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3100
- Lot Size5,550 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Great investment opportunity in Arlington Heights! Commercial storefront and office spaces bringing $5050/month in rent. Property located just north of the Culvers on Northwest Highway and just down the road from Arlington Park. Lots of new updates. All brand new windows, new carpet and fresh front concrete slab. Property had a recent brick work and tuckpointing. Brand new electrical panel & main switch. Exterior soffit and gutters repainted. Newer roof & furnace! Attached side parking lot with 13 parking spaces, front entry and exit to an alley behind the building. Unique office set-up with 11 total units rented including jewelry store in front. All units have their own half baths. All office spaces are currently rented in addition to 3 parking spaces. excellent tenants. 24 hour notice appreciated.
| Price History | |
|---|---|
| 12/19/2023 | Listed $348,000 |
| 1/30/2024 | 6% - $329,000 |
General Features
| Cooling | Wall Sleeve,Window Unit(s) |
|---|---|
| Possession | Closing |
| Zoning | OFFIC |
| Construction Materials | Brick |
| Year Built | 1962 |
| Electric | Circuit Breakers,Service - 201 to 600 Amps |
| Tenant Pays | Varies by Tenant |
| Stories | 2 |
| Township | Wheeling |
| Property SubType | Office |
| Tax Year | 2022 |
| Current Use | Office |
| Gross Income | 60600 |
| County | Cook |
| Net Operating Income | 52319 |
| Operating Expense | 8281 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Northwest Hwy Just North of Waterman |
| City | Arlington Heights |
| Total Units | 11 |
| MLS Area | Arlington Heights |
| Lot Size Square Feet | 5550 |
| Street Name | Northwest |
| Tax Annual Amount | 14830 |
| Additional Parcels Y/N | No |
| Days on Market | 133 |
| Lease Type | Gross |
| Standard Status | Active |
| Property Type | Office/Tech |
Interior Features
| Street Suffix | Highway |
|---|
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 3100 |
| Lot Dimensions | 50X112 |
| Frontage Type | City Street |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60004
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 17, 2024 2:15 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 17, 2024 2:15 AM UTC
