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$425,000 Just Listed
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Property Description
Stop paying rent Move your Business here only 1 mile east of Downtown Arl. Hts. or start your new Business investment venture in this classic Brick and stone versatile professional building., with the added benefit of offsetting some costs through rental income. Key features of the property include: Prime Location: Situated between downtown Arl. Hts. and Mt. Prospect, two train stations and in close proximity to other retail stores, restaurant, and other office buildings. Ample Parking: A large recently paved parking lot accommodating 18 spaces, plus additional spaces along Northwest Highway. This classic 1956 building roof was replaced 10+ years ago. Two A/C and furnaces are in good condition. Versatile Office Space: Includes five potential rental units. There are four small offices (190-250 sq. ft.) and a large front office (approx. 900 sq. ft.) that includes two smaller private offices. Full basement is available for storage needs. The current tenant leases vary, providing immediate flexibility for a new owner. lost of potential - Zoned B2
Full Property Details
Full Property Details for 1818 E Northwest Hwy
General
- Price: $425,000
- Taxes: $18,635 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12573691
- Updated: 3/5/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Carpet
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Arlington Heights
- County: Cook
- Driving Directions: Building is located at the corner of Northwest Hwy. rt. 14 and Forrest East of Arl. Hts. Rd. West of Rt.83 Main street
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick, Stucco, Stone
- Exterior Const.: Brick, Stucco, Stone
- Foundation: Concrete Perimeter
- Roof: Other
- Sub-Flooring: Carpet
- Stories/Levels: 1
- Square Feet: 2,942
- Year Built: 1956
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 9,894
- Lot Dimensions: 90 x 111 x 93 x 21 x 79
- Frontage: City Street, US Highway
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1956
- Tax Amount: $18,635.1
- Tax Year: 2024
Disclosures and Reports
- Property ID: 3331180150000
Listed by MisterHomes Real Estate
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Schools
Schools serving 1818 E Northwest Hwy
School Districts:Township High School District 214, Arlington Heights School District 25
| Name | Grades | Distance |
|---|---|---|
Windsor Elementary School, Arlington Heights, IL 1315 East Miner Street, Arlington Heights, IL 60004 | PK-5 | 0.7 mi |
South Middle School 400 South Highland Avenue, Arlington Heights, IL 60005 | 6-8 | 1.4 mi |
Prospect High School 801 West Kensington Road, Mount Prospect, IL 60056 | 9-12 | 0.6 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 1818 E Northwest Hwy
Date
Details
Price
Change
Source
3/05/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1818 E Northwest Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,722
4%
$64,734
—
2022
$17,068
-5%
$64,734
8%
2021
$18,061
3%
$60,000
—
2020
$17,594
12%
$60,000
1%
2019
$15,674
13%
$59,698
26%
2018
$13,829
-7%
$47,388
—
2017
$14,833
-45%
$47,388
-53%
2016
$26,969
-20%
$100,270
-12%
2015
$33,638
3%
$113,924
—
2014
$32,656
3%
$113,924
—
2013
$31,835
8%
$113,924
—
2012
$29,540
—
$113,924
—
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 1818 E Northwest Hwy
1818 E Northwest Highway, Arlington Heights, IL 60004 (MLS# 12573691) is a Office property. 1818 E Northwest Highway is currently listed for $425,000 and was received on March 05, 2026. Want to learn more about 1818 E 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.

