Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$1,100,000
  • Sq. Ft.7,416
  • Acres0.33
  • Built1970

1510 Northwest Highway, ARLINGTON HEIGHTS

Rare Arlington Heights 6 Flat Investment Opportunity close to Downtown in Sought after Windsor/South (District 25) & Prospect HS (District 214) Schools. Five Long-Term Tenants (between 10 & 25 years each). Great Cash Flow Opportunity or Condo Conversion. All Leases Expire March 31, 2020. All Brick Building & Fully Renovated Exterior. Attached 3 Car Heated (Separate Furnace) All-Brick Garage (2016), Roof (2019), & 400 Amp Service (2016). 2 Newer Converted Units (2016). Other Recent Updates include Windows (2014), Boiler (2009), and 3 Independent HVAC units (2018/19). Parking for 12; 3 Indoor Heated Garage & 9 Outdoor Spaces. Great Opportunity to Increase Cash Flow by Market Rate and/or Further Updating Units. $67K Cash Flow, 11.7 Gross Rental Multiplier & 6.1 Cap Rate. R-6 Multiple Family Dwelling. Pride of Ownership. Call now for a Private Showing!

Essential Information

  • MLS® #10417355
  • Price$1,100,000
  • Square Footage7,416
  • Acres0.33
  • Year Built1970
  • TypeCommercial
  • Sub-TypeMulti Family 5+
  • StatusActive
  • Property Taxes$18,441
  • Assessment IncludesNone

Amenities

  • AmenitiesCurbs and Gutters, Sidewalks, Cable Ready
  • UtilitiesSanitary Sewer to Site, Sewer-Storm Available, Water-Municipal, Other
  • Parking Spaces12

Exterior

  • ExteriorBrick
  • Lot DescriptionCorner, Public Transport Avail
  • RoofGable
  • ConstructionBrick, Concrete, Steel
  • FoundationConcrete

Additional Information

  • ZoningMULTI

Community Information

  • Address1510 Northwest Highway
  • AreaArlington Heights
  • CityARLINGTON HEIGHTS
  • CountyCook
  • StateIL
  • Zip Code60004

Interior

  • HeatingCentral Bldg Heat, Central Heat/Indiv Controls, Forced Air, Gas, Hot Water, Separate Per Unit
  • CoolingCentral Air, Central Individual, Partial, Window Unit/s, Zoned
  • Stories2

Additional Information

  • ZoningMULTI

Listing Details

  • Listing Office@properties

Price Change History for 1510 Northwest Highway, ARLINGTON HEIGHTS, IL (MLS® #10417355)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,150,000 to $1,100,000 $50,000 (4.35%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Show More (2)