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    3311-3333 N Kennicott Ave Arlington Heights, IL

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    For Sale
    Contact for pricing

    99,365 SF building with highway access in Arlington Heights, IL.

    Property size:
    99,365 SF
    Lot size:
    10.16 Acres

    Property Features for 3311-3333 N Kennicott Ave

    General Information

    Size
    99,365 SF
    Lot size
    10.16 Acres

    Source: Colliers | Chicago Rosemont Agent Kelly Joyce

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

    Overview

    Air Conditioned Warehouse/Distribution Space

    This 99,365 square foot building on 10 acres is available for sale or lease. Constructed in 1982, the property features 53,367 SF for lease and 10,355 SF of office space. The building is 100% air conditioned and equipped with LED lighting. It has a clear height of 24 feet and bay sizes of 50 feet by 40 feet. Electrical capacity is 2,000 amps at 480 volts. Loading is facilitated by 4 interior docks and 1 drive-in door. Car parking is available at a ratio of 1 per 1,000 square feet, expandable as needed. Trailer parking is also available. The property offers excellent highway access at Dundee/Rt. 53. The estimated CAM for 2023 is $0.94 per square foot, and real estate taxes were $3.80 per square foot in 2022 (payable in 2023).
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    Arlington Heights
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.650338
    Latitude
    39.800566

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    FAQs

    What type of property is this?
    Warehouse - 99,365 SF building with highway access in Arlington Heights, IL.
    Where is this warehouse located?
    The property is located at 3311-3333 N Kennicott Ave Arlington Heights, IL.
    What are key features of this property?
    This property features: - Excellent highway access at Dundee/Rt. 53; - Available for lease (53,367 SF) or sale (99,365 SF); - 100% air conditioned
    (847) 910-2641
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    3311-3333 N Kennicott Ave Arlington Heights, IL
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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
    3311-3333 N Kennicott Ave Arlington Heights, IL
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