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    3025 Salt Crk Ln Arlington Heights, IL 60005

    Sponsored
    For Sale
    Contact for pricing

    Prime 2.55-acre commercial land, B-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.55-acre commercial land parcel presents a unique development opportunity in the thriving Arlington Heights market. Located at 3025 Salt Creek Ln, Arlington Heights, IL 60005, this property boasts a highly desirable B-3 zoning designation, opening doors to a diverse range of development possibilities. Ideal uses include multifamily residential, hotel, retail, or medical facilities. Its strategic location offers unparalleled visibility and accessibility. Situated just 300 yards from the Arlington Racecourse and two blocks from Route 53, this site benefits from exceptional proximity to major transportation arteries and high-traffic areas, ensuring significant exposure for any future development. The Cook County location provides access to a robust infrastructure and a strong local economy. With its expansive 2.55 acres, this site offers ample space for a substantial project, promising significant returns on investment. Don't miss this chance to acquire a premier development site in a prime location. This property is ready for your vision.

    Property Features for 3025 Salt Crk Ln

    General Information

    Property type
    Land
    Lot Size
    111,078 SF

    HighLights

    • 2.55‑acre commercial land parcel in Arlington Heights, IL.
    • B‑3 zoning allows for multifamily, hotel, retail, or medical development.
    • Prime location: 300 yards from Arlington Racecourse and two blocks from Route 53.
    • Exceptional visibility and accessibility due to high traffic area and proximity to major transportation.
    • Strong Cook County location offers robust infrastructure and local economy.
    Property Profile Location Intelligence

    Current Use by Public Records

    HyTop Supermarket Golden Bay Corporate Campus

    Suggested Use

    Restaurant Realty agency 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 Heights
    County
    Cook
    State
    Illinois
    Longitude
    -88.02166736311
    Latitude
    42.088478692705

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    FAQs

    What type of property is this?
    Land - Prime 2.55-acre commercial land, B-3 zoning.
    Where is this land located?
    The property is located at 3025 Salt Crk Ln Arlington Heights, IL.
    What are key features of this property?
    This property features: 2.55-acre commercial land parcel in Arlington Heights, IL.; B-3 zoning allows for multifamily, hotel, retail, or medical development.; Prime location: 300 yards from Arlington Racecourse and two blocks from Route 53.
    Request Owner's contact information
    3025 Salt Crk Ln Arlington Heights, IL 60005
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    Arlington Heights, IL 60005
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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
    3025 Salt Crk Ln Arlington Heights, IL 60005
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