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Listed by Andrew Stollof Stoll Real Estate
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Est. payment /mo
New
1128 E Northwest HWY Arlington Heights, IL 60004
2,927 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 2,927 sqft
MLS Listing ID 12679966
Year Built 1961
Annual Tax Amount $4,684
Lot Size 2,613 Sqft
Lot Dimensions 50X111
Property Sub-Type Multi Family 5+
Property Description
Incredible investment opportunity in Arlington Heights! Don't miss out on this solid, income-generating 6-unit multi-family property located at 1128 E Northwest Hwy. This well-maintained masonry building sits in a highly desirable and stable neighborhood with strong community metrics and steady property appreciation. The building offers a fantastic footprint featuring a functional multi-unit layout, partial finished basement improvements, and reliable heating and cooling, including a brand-new boiler installed in 2023. The asset features new carpet on the lower level, a new oven, a durable tar and gravel roof, all sitting on an easily manageable parcel. Located within the highly rated Arlington Heights School District 25, including Windsor Elementary and South Middle School, as well as the acclaimed Township High School District 214. Tenants will appreciate the incredibly walkable location, putting them within walking distance to downtown Arlington Heights, local entertainment, and the Metra train for an easy commute. Perfect for a savvy investor looking to add a resilient, updated asset to their portfolio or a buyer seeking a strong cash-flowing property in a premier Cook County submarket.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Partially Finished
Interior
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick
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