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    204 W Wing Street Arlington Heights, IL 60005

    Sponsored
    Source: https://www.cbcworldwide.com
    For Sale
    $925,000

    +-21780 SF Office Building For Sale

    Property size:
    21,780 SF

    Description

    Added:
    Apr 10, 2025
    Days on Market:
    273
    This B3 zoned stand alone building would be great for office space, a salon or rental car business. It is zoned for General Commercial/Motor Vehicle Service. Currently rented as an office space. The basement is dry and provides plenty of storage or future expansion. There is a 220 electric setup that could be used for charging a vehicle. Move in ready-tenant leaves February 1st.

    Property Features for 204 W Wing Street

    General Information

    Property type
    Office buildings
    Square Feet
    21,780 SF
    Price / Square Foot
    $42
    Total Parking Spaces
    13
    Elevators
    N/A
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1947
    Buildings
    1
    Stories
    2
    Location Intelligence

    Current Use by Public Records

    Frank Cecala at Rate ... Mortgage Broker Alanna Seebauer at Guaranteed ... Mortgage Lender Responsive Financial Group, ... Financial Consultant It's a GRate Day ... Mortgage Broker Scott Gajewski at Guaranteed ... Mortgage Broker

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington Heights
    State
    Illinois
    Longitude
    -87.985971
    Latitude
    42.084045

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    FAQs

    What type of property is this?
    Office building - +-21780 SF Office Building For Sale
    Where is this office building located?
    The property is located at 204 W Wing Street Arlington Heights, IL.
    What is the asking price?
    The asking price for this property is $925,000.
    (847) 962-1240
    Request Owner's contact information
    204 W Wing Street Arlington Heights, IL 60005
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    Arlington Heights, IL 60005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 W Wing Street Arlington Heights, IL 60005
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