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    1050 Arlington Hts Rd Arlington Heights, IL 60005

    Sponsored
    For Lease
    $342 /Mo

    Prime Retail Space, Newly Renovated, High Visibility

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located in a free-standing shopping center at a prominent corner location in Arlington Heights, just one mile from the downtown area. The property boasts a newly remodeled, all-brick building, completed in 2023, offering a total of 5,000 square feet across two suites. Currently, 2,500 square feet of prime retail space is available, divisible to a minimum of 2,500 square feet. The space features 10-foot-high windows providing excellent street visibility and showcasing your business to its best advantage. Interior highlights include two ADA-compliant bathrooms and energy-efficient LED ceiling lighting. The property benefits from ample parking with 30 spaces in a newly paved and striped lot. Exterior features include an oversized, landscaped monument sign, ensuring maximum brand exposure. This single-story building is situated in Cook County and presents a fantastic chance to establish or expand your business in a high-traffic area. The space is ideal for a variety of retail uses, particularly those that benefit from high visibility and ample parking. Don't miss this opportunity to secure a prime location in a thriving community.

    Property Features for 1050 Arlington Hts Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF
    Total Rate
    342

    Building Details

    Year Renovated
    2023
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,500 SF
    Rate per SF
    $342

    HighLights

    • Retail property in Cook County, IL, offering 2,500 - 5,000 contiguous square feet.
    • Newly renovated (2023) free‑standing building with a corner location.
    • Features 2 suites, with 2,500 square feet currently vacant.
    • Includes 30 parking spaces and two ADA‑compliant restrooms.
    • Building boasts new LED lighting, windows, asphalt parking lot, and monument signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Savarino Salon & Spa Hair Salon Excellent Builders Inc General Contractor

    Suggested Use

    Realty agency Restaurant 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
    -87.9803142
    Latitude
    42.0646246

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, Newly Renovated, High Visibility
    Where is this individual retail property located?
    The property is located at 1050 Arlington Hts Rd Arlington Heights, IL.
    What is the lease rate?
    The lease rate is $342 /Mo.
    What are key features of this property?
    This property features: Retail property in Cook County, IL, offering 2,500 - 5,000 contiguous square feet.; Newly renovated (2023) free-standing building with a corner location.; Features 2 suites, with 2,500 square feet currently vacant.
    Request Owner's contact information
    1050 Arlington Hts Rd 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
    1050 Arlington Hts Rd Arlington Heights, IL 60005
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