1510 E Northwest Highway Arlington Heights, IL ^$ 1,699,999

1510 E Northwest Highway

^$ 1,699,999

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1510 E Northwest Highway

Arlington Heights, IL, 60004

^$ 1,699,999

Bedrooms12 Baths0.0

Monthly Estimate*

^$ 11,875

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Multi-Family Home for sale in Arlington Heights, IL

for $1,699,999 with 12 bedrooms. This home was built in 1970.

Location, location, location. Rare Arlington Heights 6 Flat Investment Opportunity. The only one in the area of single-family houses. Schools: Windsor/South (District 25) & Prospect HS (District 214) Great Cash Flow Opportunity or Condo Conversion. All Brick Building & Fully Renovated Exterior. Attached 3 car garage Heated (Separate Furnace) All-Brick Garage (2016) Roof (2019) & 400 Amp Service (2016) Windows (2014) Boiler (2009) and 3 Independent HVAC units completely refurbished in 2021 and 2022 year. Parking for 12 cars 3 Indoor Heated Garage & 9 outdoor spaces. Great opportunity to Increase Cash Flow by market rate, huge potential, perfect place for luxury apartments.

Multi-Family Contingent

Price

^$ 1,699,999

Bedrooms

Property Type

Multi-Family

Taxes

^$ 23,442

Style

Year Built

1970

Town/City

Arlington Heights

County/Region

Cook

MLS | Web ID

11988392

Features

General

Cooling Central Air Central Individual Partial Window Unit(s) Zoned

Utilities Sanitary Sewer Sewer-Storm Available Water-Municipal Other

Roof Composition

Construction Materials Brick Concrete Steel Siding

Year Built 1970

Electric Circuit Breakers Separate Meters Service - 201 to 600 Amps

Tenant Pays Air Conditioning Electricity Heat Varies by Tenant

Stories 2

Tax Year 2022

Gross Income 140040

County Cook

Net Operating Income 131338

Operating Expense 11102

Insurance Expense 4200

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

Status Contingent

Directions Northwest Hwy E of Arlington Heights Rd (adjacent to Stonegate subdivision) on Frontage Rd

City Arlington Heights

Total Units 6

MLS Area Arlington Heights

Street Name Northwest

Tax Annual Amount 23442.5

Electric Expense 567

Fuel Expense 2990

Trash Expense 1445

Water Sewer Expense 1900

Additional Parcels Y/N N

Days on Market 6

Standard Status Active Under Contract

Interior

Total Fireplaces 0

Street Suffix Highway

Basement Partially Finished Exterior Access

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 100 X 300

Exterior Brick

* Excluded Features

List By

Arhome Realty

Broker

wolcotttransportation@yahoo.com; office@tuznajdzieszdom.com

Affordability Calculator

$13,829

Per Month

Monthly Principal & Interest: $11,875
Monthly Property Taxes: $1,954
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Multi-family listings in Arlington Heights, IL

Average List Price ^$1,699,999

Percent of Sale Price 0%

About Arlington Heights, IL

74,909 Population

-2% Since 2002

^$84,413 Median Income

44.11 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/7/2024	$1,699,999		Listed Price

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1510 E Northwest Highway, Arlington Heights, IL, 60004 is a Multi-Family Home for sale at $1,699,999. 1510 E Northwest Highway has 12 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 60004 which is in Arlington Heights, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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1510 E Northwest Highway

Multi-Family Home for sale in Arlington Heights, IL

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