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    Arlington Heights Freestanding Retail Building Title is generated by Realmo AI

    1900 S Arlington Heights Rd, Arlington Heights, IL 60005

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    Freestanding building in a high-traffic Arlington Heights location.

    Type:Retail
    Property size:
    2,750 SF
    Added:
    Nov 21, 2025
    Days on Market:
    179
    Last Refresh:
    Apr 5 at 8:54 pm

    Property Features for 1900 S Arlington Heights Rd

    General Information

    Standard status
    Active
    Size
    2,750 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1950

    Spaces For Lease

    at 1900 S Arlington Heights Rd Contact us

    We can help!

    Listing Contact
    Matthew Tarshis

    Listing agent Matthew Tarshis

    Listing office

    Listing date Nov 21, 2025

    Source Frontlinerepartners

    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 Matthew Tarshis

    HighLights

    • High‑traffic location: Situated at a signalized intersection with over 54,000 vehicles per day (VPD).
    • Excellent accessibility: Located less than one mile from Interstate 90 and near I‑290, providing convenient access to surrounding areas and Chicago.
    • Strong demographics: Affluent area with an average household income of $97,000 within a one‑mile radius.
    • Dense commercial corridor: Close proximity to major retailers, Woodfield Mall, and other commercial developments.
    • On‑site parking: Features a private parking lot with 10 spaces.
    • Freestanding building: Offers independence and prominent visibility.

    Overview

    This freestanding building is situated at the southwest corner of the signalized intersection of Golf Road and Arlington Heights Road, a location with over 54,000 vehicles per day. The property includes its own parking lot with 10 surface-level spaces, a ratio of 2.86 spaces per 1,000 square feet. It is adjacent to Arlington Towne Square, which features tenants such as O’Reilly Auto Parts, Pet Supplies Plus, DaVita Dialysis, Dollar Tree, Bank of Hope, Hartland Medical, and Jets Pizza. Located in a dense trade area less than a mile from Interstate 90, the property is near retailers including Walmart, Jewel-Osco, Meijer, Lowe’s Home Improvement, ALDI, Valli Produce, Walgreens, Goodwill, Veri Life, Chase Bank, PNC Bank, Portillos, Cooper Hawk Winery and Restaurant, Starbucks, Dunkin’, Oberweis, and McDonald’s. The location offers convenient accessibility, situated less than one mile north of Interstate-90 and just over two miles east of the Interstate-90 and Interstate-290 interchange. The Arlington Heights Metra Station is just over two miles north, and O’Hare International Airport is 6.5 miles southeast. The property is in a dense commercial corridor, with Schaumburg and Woodfield Mall located just over two miles to the west. The surrounding area has strong demographics, with an average household income of over $97,000 within a one-mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    • 847BuyFlowers.com — 618 e golf rd, arlington heights, il 60005
    • Lavender Fields Flowers & Decor — 734 W Algonquin Rd, Arlington Heights, IL 60005
    • Ali Dream Flowers — 614 E Golf Rd, Arlington Heights, IL 60005
    • A Perfect Petal — 517 W Golf Rd, Arlington Heights, IL 60005
    • Floral Galleria Limited — arlington heights, il 60005

    Map

    City
    Arlington Heights
    County
    Sangamon
    State
    Illinois
    Longitude
    -87.9897
    Latitude
    42.0678

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    FAQs

    What type of property is this?
    Storefront property - Freestanding building in a high-traffic Arlington Heights location.
    Where is this storefront property located?
    The property is located at 1900 S Arlington Heights Rd Arlington Heights, IL.
    What are key features of this property?
    This property features: High‑traffic location: Situated at a signalized intersection with over 54,000 vehicles per day (VPD).; Excellent accessibility: Located less than one mile from Interstate 90 and near I‑290, providing convenient access to surrounding areas and Chicago.; Strong demographics: Affluent area with an average household income of $97,000 within a one‑mile radius.
    (847) 780-8063
    We can help!
    Listing Contact
    Matthew Tarshis
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    1900 S Arlington Heights Rd, Arlington Heights, IL 60005
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