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Multi-Tenant Shopping Center
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15-19 W Golf Rd, Arlington Heights, IL 60005

Retail center with established occupants, pylon signage, and surface parking at a signalized intersection.

Property Size86,848 SF
Days on Market142

Property Features for 15-19 W Golf Rd

General Information

Standard status Active
Size 86,848 SF
Total Parking Spaces 270
Property subtype Retail
Occupancy 92%
Net Operating Income $740,000

Site & Location

Corner Location Yes
Pylon Signage Yes
Traffic Count 58,700 vehicles/day
Highway Access Yes

Building Details

Buildings 2
Tenancy Multi
Parking Ratio 3.1 per 1,000 SF
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

Arlington Towne Square is a 22-unit shopping center totaling 86,848 square feet, with an 84,217-square-foot inline retail center and a 2,631-square-foot outlot building. The property is 92% leased and includes 270 surface parking spaces. Current occupants include O’Reilly Auto Parts, Pet Supplies Plus, DaVita Dialysis, Dollar Tree, Bank of Hope, Hartland Medical, and Jets Pizza, among others. Sixteen of 19 tenants occupy NNN leases. Three vacant units total 6,650 square feet, with available spaces ranging from 1,400 to 2,700 square feet.

The center occupies the southwest corner of Golf Road and Arlington Heights Road in Arlington Heights, Illinois, at a signalized intersection reporting 58,700 VPD. Pylon signage fronts Golf Road, which carries more than 28,000 VPD, and Interstate 90 is less than one mile away. The surrounding trade area includes Walmart, Jewel-Osco, Meijer, Lowe’s Home Improvement, Aldi, Walgreens, Chase Bank, Starbucks, Dunkin’, and McDonald’s.

Key Highlights

  • 22‑unit shopping center totaling 86,848 square feet
  • 84,217 SF inline retail center plus 2,631 SF outlot building
  • 92% leased with 270 surface parking spaces

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Repair Shop Restaurant Building Supply Auto Parts Store Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

58,700 VPD
Traffic count
92%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60005, IL

30,221
Population
13,511
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
94%
High-School Grad
6.6 sq mi
ZIP Area
4,579
Density / Sq Mi
$100,304
Median Household Income
$62,323
Median Earnings
$1,621
Median Rent
$376,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with established occupants, pylon signage, and surface parking at a signalized intersection.
Where is this shopping center located?
The property is located at 15-19 W Golf Rd Arlington Heights, IL.
What are key features of this property?
This property features: 22‑unit shopping center totaling 86,848 square feet; 84,217 SF inline retail center plus 2,631 SF outlot building; 92% leased with 270 surface parking spaces
(847) 780-8062 Call to check price and availability
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