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    770 West Dundee Rd Arlington Hts, IL 60004

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    For Sale
    Contact for pricing

    Well-maintained bank/office building in a high-traffic retail corridor.

    Property size:
    11,400 SF

    Property Features for 770 West Dundee Rd

    General Information

    Size
    11,400 SF

    Building Details

    Year built
    1989

    Source: Steve Madura Agent Steve Madura

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bank/Office Building on Dundee Road

    This well-maintained bank/office building, constructed in 1989, offers 11,400 square feet of above-ground space, complemented by a 5,700-square-foot basement. Situated on 0.9 acres (39,111 square feet), the property benefits from a location along heavily-traveled Dundee Road, which sees 37,185 vehicles per day, at a lighted intersection with Ridge Avenue. Zoned B-2 (General Business), the property is subject to a deed restriction limiting its use to bank or office purposes. This makes it an ideal redevelopment opportunity for a bank or medical office. Adjacent to the Ridge Plaza shopping center, the property is located within a strong retail corridor. Neighboring businesses include Aldi, Kohl's, Panera Bread, Portillo's, Qudoba, SuperCuts, Walker Bros. Original Pancake House, and XSport Fitness, along with numerous car dealerships, contributing to high traffic and strong consumer spending. The property's taxes in 2018 were $64,674.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    First Midwest Bank Corporate Office TM Accountant Tax Preparation

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington Hts
    County
    Cook
    State
    Illinois
    Longitude
    -87.9907563
    Latitude
    42.1395567

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    FAQs

    What type of property is this?
    Office building - Well-maintained bank/office building in a high-traffic retail corridor.
    Where is this office building located?
    The property is located at 770 West Dundee Rd Arlington Hts, IL.
    What are key features of this property?
    This property features: - High-traffic location on Dundee Road (37,185 VPD) at a lighted intersection.; - 11,400 SF above ground space with an additional 5,700 SF basement.; - Located adjacent to the Ridge Plaza shopping center in a strong retail corridor.
    (847) 504-2478
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    770 West Dundee Rd Arlington Hts, IL 60004
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    Arlington Hts, IL 60004
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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
    770 West Dundee Rd Arlington Hts, IL 60004
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