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Jack O. Pysz

Managing Broker

  • Office 773-328-8055
  • Cell 773-344-8444
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1510 Northwest Highway, Arlington Heights, IL – $1,100,000

  • $1.1M Price
  • 7,416 Sqft
  • .33 Acres
  • $1.1M Price
  • 7,416 Sqft
  • .33 Acres

1510 Northwest Highway

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+
  • StatusContingent

Community Information

  • Address1510 Northwest Highway
  • AreaArlington Heights
  • CityArlington Heights
  • CountyCook
  • StateIL
  • Zip Code60004

Amenities

  • Parking Spaces12

Amenities

Curbs and Gutters, Sidewalks, Cable Ready

Utilities

Sanitary Sewer to Site, Water-Municipal, Sewer-Storm Available, Other

Interior

  • Has BasementYes
  • Stories2

Heating

Central Heat/Indiv Controls, Forced Air, Gas, Central Bldg Heat, Hot Water, Separate Per Unit

Cooling

Central Air, Central Individual, Partial, Window Unit/s, Zoned

Exterior

  • ExteriorBrick
  • Lot DescriptionCorner, Public Transport Avail
  • RoofGable
  • ConstructionSteel, Brick, Concrete
  • FoundationConcrete

Additional Information

  • ZoningMULTI

Listing Details

  • Office@properties
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Price Change History for 1510 Northwest Highway, Arlington Heights, IL (MLS® #10417355)

Date Details Change
Status Changed from Active to Contingent
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
Show More (3)

@properties.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Redco Inc. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on December 11th, 2019 at 11:20pm CST.

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