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$395,000

  • Sold
  • Closed
  • Office
  • 2,450 Sq. Ft.
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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.

Full Property Details for 1612 W Northwest Hwy

General

  • Sold For: $395,000
  • Taxes: $18,648 (2023)
  • Status: Closed
  • Type: Office
  • Source: MRED
  • MLS ID: 11899895
  • Added to Site: 870 day(s) ago

Additional Information

  • Security/Safety: Smoke or Fire Protectors

Location

  • Area: Arlington Heights
  • County: Cook
  • Driving 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.
  • Location Details: Northwest Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Building Heat

Structural Information

  • Stories/Levels: 1
  • Square Feet: 2,450
  • Current Bldg. Use: Commercial
  • Year Built: 1977
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 6,246
  • Lot Dimensions: 50' x 125'
  • Frontage: Public Road
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Smoke or Fire Protectors
  • Assessment Year: 1977
  • Tax Amount: $18,648.46
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes

Disclosures and Reports

  • Property ID: 3301090170000

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NMLS#: 1598647

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Schools serving 1612 W Northwest Hwy

School Districts:Arlington Heights School District 25, Township High School District 214
NameGradesDistance
Patton Elementary School
1616 North Patton Avenue, Arlington Heights, IL 60004
K-51 mi
Thomas Middle School
1430 North Belmont Avenue, Arlington Heights, IL 60004
6-81.4 mi
John Hersey High School
1900 East Thomas Street, Arlington Heights, IL 60004
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1612 W Northwest Hwy

Date
Details
Price
Change
Source
12/22/2025
Sold
$395,000
—
MLS
6/26/2025
Price Reduced
$395,000
-5.95%
MLS
8/30/2024
Price Reduced
$420,000
-5.03%
MLS
6/17/2024
Price Reduced
$442,250
-4.99%
MLS
5/08/2024
Price Reduced
$465,500
-5%
MLS
2/22/2024
Price Reduced
$490,000
-4.85%
MLS
10/03/2023
Listed
$515,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 1612 W Northwest Hwy

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112 Ironwood Ct, Rolling Meadows, IL 60008 - Photo 1 Price Reduced
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Recent Sales near 1612 W Northwest Hwy

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809 N Patton Ave, Arlington Heights, IL 60004 - Photo 1 Sold
$395,000

809 N Patton Ave  Arlington Heights, IL 60004

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1116 W Northwest Hwy, Arlington Heights, IL 60004 - Photo 1 Sold
$361,000

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1329 N Wilke Rd, Arlington Heights, IL 60004 - Photo 1 Sold
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731 N Patton Ave, Arlington Heights, IL 60004 - Photo 1 Sold
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731 N Patton Ave  Arlington Heights, IL 60004

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1612 W Northwest Highway, Arlington Heights, IL 60004 (MLS# 11899895) is a Office property that was sold at $395,000 on December 22, 2025. Want to learn more about 1612 W Northwest Highway? Do you have questions about finding other Office real estate for sale in Arlington Heights? You can browse all Arlington Heights real estate or contact a Coldwell Banker agent to request more information.