$620,000
$635,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
132 W NORTHWEST HWY Arlington Heights, IL 60004
1,300 SqFt
Key Details
Sold Price $620,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $476
MLS Listing ID 11972714
Sold Date 04/01/24
Year Built 1955
Annual Tax Amount $8,251
Tax Year 2022
Lot Dimensions 161X139X80
Property Description
Prime Location in the mecca of the Northwest suburbs, Downtown Arlington Heights. The renovation of this commercial retail space has been carefully designed and completed for two tenants with thriving businesses who await the new owner. Walk across the street from Arlington Heights Metra station, this 5 Star location gets prime exposure on Northwest Highway. Complete with six parking spaces, and ample street parking, new condo development in the works across the street. Current monthly gross income of $3,874 per month will be increased to $5,300 gross rent in October 2024. At the current list price, this is a solid investment for the long term owner. Invest in DTA (Downtown Arlington Heights)!
Location
State IL
County Cook
Area Arlington Heights
Zoning OTHER
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Composition
Building
Level or Stories 1
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Steve McEwen • @properties Christie's International Real Estate