Arlington Heights, IL 60004,132 W NORTHWEST HWY
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Arlington Heights, IL 60004,132 W NORTHWEST HWY
Arlington Heights, IL 60004,132 W NORTHWEST HWY
Arlington Heights, IL 60004,132 W NORTHWEST HWY
Arlington Heights, IL 60004,132 W NORTHWEST HWY

$620,000

Est. payment /mo

$635,000

2.4%
Est.Price: ?

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132 W NORTHWEST HWY Arlington Heights, IL 60004

1,300 SqFt

SOLD DATE : 04/01/2024

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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Midwest Real Estate Data (MRED) IDX
Listed by Steve McEwen • @properties Christie's International Real Estate
Bought with Steve McEwen • @properties Christie's International Real Estate
agent

Yuriy Figel

Real Estate Broker

+1(224) 505-8080

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