$134.38 Per Sq Foot $4,536 est/mo Sourced by Back At You

710 E Kensington Road,Arlington Heights, IL 60004

Arlington Heights IL, 60004

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Description

Fully rented Mixed-Use Building in a Prime Location! Two-story, 4,800 sq ft. above ground property on an ~10,000 sq ft. lot. The building is fully occupied and strategically positioned amidst new developments in the thriving area. 1st Floor has two commercial units, each spanning ~1,200+ sq.ft, with a combined area of 2,600 sq.ft. Undergone a comprehensive renovation in 2019, replaced HVAC systems, A/C units, water heaters, and more. The units are individually metered for gas and electric utilities, facilitating efficient management. 2nd Floor- upstairs has two fully leased 3-bedroom apartments. Individually metered for gas and electric services. This property includes a full basement with a potential for additional lower-level space or storage. Dedicated private parking area for 6-8 cars for tenants and customers. Additional free parking is available on South Hickory Avenue. Situated at the highly sought-after intersection of Kensington Road and Hickory Avenue, just behind Mariano's grocery store, this property is adjacent to the new Arlington Market subdivision. The neighborhood is witnessing a surge in development, including multi-family residential units and upcoming condominiums on Hickory Ave, indicating a promising and rapidly evolving locale. Taxes are being appealed. Please refrain from disturbing the tenants. This property is broker-owned and offers easy access to NW Highway. Seller financing available.

Details

MLS#12017095
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year0
Days On Site59
Listing Provided ByEntrust Realty Group, LLC | Andrew Nazimok

Features

SQ Feet6,288
Story(s)2
Units4
ZoningCOMMR

Market Activity 60004

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Listings Checked: 3 minutes ago
StateIL
CountyCook
CityArlington Heights
Zip Code60004
AreaArlington Heights
Listing VS Median (in 60004)
Price:
$845,000
low | high
Med:
$465,250
94.940828402367% of Average
SqFt:
6,288
low | high
Med:
1,879
100% of Average
$ / SqFt:
$134
low | high
Med:
$273
52.966440475544% of Average
On Site:
59
low | high
Med:
120.000000
49.166666666667% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 9:43:05 PM PDT