1612 W Northwest Highway Arlington Heights, IL $ 395,000
1612 W Northwest Highway
$ 395,000
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1612 W Northwest Highway

Arlington Heights, IL, 60004
$ 395,000
Bedrooms-- Baths-- Sq 2,450

Monthly Estimate*

$ 2,464

1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 1
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 2
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 3
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 4
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 5
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 6
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 7
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 8
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 9
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 10
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 11
1612 W Northwest Highway, Arlington Heights, IL 60004 - Image 12

Commercial Property for sale in Arlington Heights, IL

for $395,000. This 2,450 square foot building was built in 1977 on a lot size of 0.143388.

Property Description: * The property is a single-story boutique building located on busy Northwest Highway in the City of Arlington Heights. * It has a rectangular shape and features a surface parking lot with space for 9 cars. * The building is currently vacant and can be used for either a single-tenant or multi-tenant configuration with 4 separate entrances. * The zoning for the property is B-2, which permits various uses such as office, medical, or retail. There is a full height and dry basement. Location: * The property is situated just east of the intersection at Wilkie Road. * It is within a one-block walking distance to the Metra Northwest Line, making it convenient for commuters. * The Metra Northwest Line stops outside the closed Arlington Park Race Course. This property appears to offer flexibility in terms of potential uses due to its B-2 zoning and convenient location near transportation.

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Commercial Pending

Price

$ 395,000

Property Type

Commercial

Taxes

$ 18,648

Style

Commercial

Lot Size

0.143388

Year Built

1977

Town/City

Arlington Heights

County/Region

Cook

MLS | Web ID

11899895

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1977
Electric Circuit Breakers
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes
Stories Count 1
Township Wheeling
Property Subtype Office
Tax Year 2023
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Pending
Directions From IL-53 North turn off at IL-14 East (Northwest Highway) for about one-half mile. The property is on the northside of the street just east of Wilkie Road.
City Arlington Heights
MLS Area Arlington Heights
Lot Size Square Feet 6246
Tax Annual Amount 18648.46
Additional Parcels Y/N Y
Leasable Area 2450
Standard Status Pending
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Exterior
Building Area Total 2450
Lot Dimensions 50' X 125'
Frontage Type Public Road
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* Excluded Features
List By
Coldwell Banker Realty

Broker

epohn@cbcnrt.com

Email

Affordability Calculator

$4,018
Per Month
61%
39%
0%
Monthly Principal & Interest
$2,464
Monthly Property Taxes
$1,554
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2025$395,000 -5.95% Price Down
8/30/2024$420,000 -5.03% Price Down
6/17/2024$442,250 -4.99% Price Down
5/8/2024$465,500 -5.00% Price Down
2/22/2024$490,000 -4.85% Price Down
10/3/2023$515,000 Listed Price

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1612 W Northwest Highway, Arlington Heights, IL, 60004 is a Commercial Property for sale at $395,000 with 2,450 sqft and a lot size of 0.143388. 1612 W Northwest Highway was built in 1977. The property's zip code is 60004 which is in Arlington Heights, IL