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1806 E Northwest Highway, Arlington Heights, IL 60004
$329,000
1806 E Northwest Highway, Arlington Heights, IL 60004View this property at 1806 E Northwest Highway, Arlington Heights, IL 60004
1806 E Northwest HighwayArlington HeightsIL60004
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Property Description
Great investment opportunity in Arlington Heights! Commercial storefront and office spaces bringing $5050/month in rent. Property located just north of the Culvers on Northwest Highway and just down the road from Arlington Park. Lots of new updates. All brand new windows, new carpet and fresh front concrete slab. Property had a recent brick work and tuckpointing. Brand new electrical panel & main switch. Exterior soffit and gutters repainted. Newer roof & furnace! Attached side parking lot with 13 parking spaces, front entry and exit to an alley behind the building. Unique office set-up with 11 total units rented including jewelry store in front. All units have their own half baths. All office spaces are currently rented in addition to 3 parking spaces. excellent tenants. 24 hour notice appreciated.
Full Property Details
Full Property Details for 1806 E Northwest Hwy
General
- Price: $329,000
- Taxes: $14,830 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11949063
- Updated: 4/9/2024
- Added to Site: 132 day(s) ago
Parking
- Parking Features: 13 to 18 Spaces
Location
- Area: Arlington Heights
- County: Cook
- Township: Wheeling
- Driving Directions: Northwest Hwy Just North of Waterman
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Wall Sleeve, Window Unit(s)
- Heating Type: Gas
Utilities
- Trash: 936
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 3,100
- Current Bldg. Use: Office
- # of Stores: 1
- Year Built: 1962
- Built Before 1978: Yes
Unit Information
- # Tenants: 10
Lot Features
- Lot Size (Sq. Ft.): 5,550
- Lot Dimensions: 50 x 112
- Frontage: City Street
- Zoning: OFFIC
Financial Considerations
- Lease Price: $20
- Insurance Fee: $2,100
- Operating Expenses: $8,281
- Other Fee: $480
- Assessment Year: 1962
- Tax Amount: $14,830
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
- Pays Electric: 1870
- Pays Trash: 936
Disclosures and Reports
- Property ID: 3331180100000
Listed by Homesmart Connect LLC
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Schools
Schools serving 1806 E Northwest Hwy
School Districts:Township High School District 214, Arlington Heights School District 25
Rating | Name | Grades | Distance |
---|---|---|---|
1315 E Miner St, Arlington Hts, IL 60004 | PK-5 | 0.7 mi | |
400 S Highland Ave, Arlington Hts, IL 60005 | 6-8 | 1.3 mi | |
801 W Kensington Rd, Mt Prospect, IL 60056 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1806 E Northwest Hwy
Date
Details
Price
Change
Source
1/29/2024
Price Reduced
$329,000
-5.46%
MLS
12/19/2023
Listed
$348,000
93.33%
MLS
5/22/2023
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1806 E Northwest Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2022
$14,831
-18%
$56,250
-6%
2021
$17,984
3%
$59,744
—
2020
$17,519
12%
$59,744
—
2019
$15,686
-31%
$59,744
-23%
2018
$22,705
1%
$77,804
—
2017
$22,438
7%
$77,804
—
2016
$20,927
-9%
$77,804
—
2015
$22,973
3%
$77,805
—
2014
$22,303
3%
$77,805
—
2013
$21,742
8%
$77,805
—
2012
$20,174
—
$77,805
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1806 E Northwest Hwy
1806 E Northwest Highway, Arlington Heights, IL 60004 (MLS# 11949063) is a Commercial property. 1806 E Northwest Highway is currently listed for $329,000 and was received on December 19, 2023. Want to learn more about 1806 E Northwest Highway? Do you have questions about finding other Commercial 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.