1500 W Shure Dr, Arlington Heights, IL 60004

Building Details

Year Built

1986

Listing office Transwestern Chicago

Listing date Nov 19, 2024

Source Crexi

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Overview

One North Arlington, located in Arlington Heights, Illinois, is a seven-story office building encompassing 170,507 square feet. Situated on approximately 7.2456 acres, the property is zoned M-1, making it a potential redevelopment site. The building benefits from its location off the Dundee Road and Route 53 interchange, offering visibility and access from Route 53. The property is suitable for owner-occupiers seeking to occupy the entire building or leverage existing rental income. A user could occupy the top five floors, comprising approximately 130,000 contiguous square feet, with operable balconies on the top floor. Arlington Heights is considered a development-friendly municipality. The Northwest market accounted for over half of the office leasing activity in the suburbs for the second quarter.

Suggested Use

Real Estate Agency Restaurant Building Supply Law Firm Hair Salon Hotel & Motel Nail Salon Bar & Pub Pharmacy Storage Facility

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

Location Insight

• Map
• Local Demand

City

Arlington Heights

County

Sangamon

State

Illinois

Longitude

-87.9793

Latitude

42.1121

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FAQs

What type of property is this?

Office building - Seven-story office building with redevelopment potential in Arlington Heights, Illinois.

Where is this office building located?

The property is located at 1500 W Shure Dr Arlington Heights, IL.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: Ideal for redevelopment with M‑1 zoning and development‑friendly Arlington Heights.; Excellent visibility and access from Route 53 via the Dundee Road interchange.; Suitable for owner‑occupiers to occupy the entire 170,507 SF building or leverage existing rental income.