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Single-Story Building on Northwest Highway
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1612 W Northwest Highway, Arlington Heights, IL 60004

Single-story building with parking, suitable for single or multi-tenant use.

Property SizeContact for details
Days on Market1028

Property Features for 1612 W Northwest Highway

General Information

Standard status Active
Property subtype Office
Listing Agency: Coldwell Banker Commercial NRT Chicago
Listed By: Edward Pohn · License #IL
Source: Crexi
Added: Oct 28, 2023 Changed: Aug 15 Last Checked: Aug 18 at 10:05AM

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 Coldwell Banker Commercial NRT Chicago

Investment Insights

Based on property information with market context.

The property is a single-story boutique building situated on Northwest Highway in Arlington Heights. The building has a rectangular shape and includes a surface parking lot that accommodates 9 cars. The building is currently vacant and is suitable for either a single tenant or a multi-tenant configuration, featuring 4 separate entrances.

Key Highlights

  • Located on busy Northwest Highway
  • Single‑story boutique building
  • Vacant and ready for immediate occupancy

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Pharmacy Law Firm Auto Repair Shop Storage Facility

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

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby

Demographics for 60004, IL

52,546
Population
21,181
Households
2.5
Avg Household Size
42
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
4,734
Density / Sq Mi
$124,962
Median Household Income
$66,476
Median Earnings
$1,703
Median Rent
$415,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Single-story building with parking, suitable for single or multi-tenant use.
Where is this office building located?
The property is located at 1612 W Northwest Highway Arlington Heights, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Located on busy Northwest Highway; Single‑story boutique building; Vacant and ready for immediate occupancy
(312) 475-3240 Call to check price and availability
More about this property
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