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Property profile & analytics

1912 Arlington Hts Rd Arlington Heights, IL 60004-3107

  • Retail space
  • 0.58 lot acres
OFF-MARKET
Value Estimations
$285,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1401269
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Rotary club of Arlington heights / Non-Profit Organization
  • Palm Court Restaurant / Piano Bar / Seafood Restaurant

Property Details for 1912 Arlington Hts Rd

Year built
1978
Lot size
0.58 lot acres
Property type
Retail space
APN
03-17-302-029
APU
317302029

Description

This exceptional 0.67-acre vacant commercial land parcel presents a remarkable development opportunity in the highly desirable Arlington Heights, Illinois market. Strategically located at the intersection of Arlington Heights Road, Rand Road, and Palatine Road, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any future development. The site's prime location offers significant advantages for a variety of commercial uses. Potential development options could include, but are not limited to, a car wash, retail establishment, or other commercial ventures. The property is situated adjacent to the established Palm Court restaurant, benefiting from the existing infrastructure and high-traffic area. The seller is open to considering a long-term land lease arrangement, providing flexibility for potential buyers or developers. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare opportunity to acquire a highly visible and well-located commercial land parcel in a thriving community. The asking price is $895,000. Detailed site plans and further information are available upon request. The property address is 1912 N Arlington Heights Rd, Arlington Heights, IL 60004. This Cook County location offers easy access to major transportation routes and a strong local economy. Don't miss this chance to secure a prime piece of commercial real estate in a sought-after area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $285,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Arlington Heights
County
Cook
State
Illinois
Longitude
-87.9817
Latitude
42.1104
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$29,747
$94,125
$18,697
$112,822
-
$376,500
$74,788
$451,288
More about this property
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