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    Sec Dundee Rd & Arlington Hts Rd Arlington Heights, IL 60004

    For Sale
    Contact for pricing

    High-traffic location, redevelopment potential.

    Property size:
    60,638 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 60,638 square foot retail property sits at the highly visible intersection of Dundee Road and Arlington Heights Road in Arlington Heights, Illinois (zip code 60004). The site is ideally suited for a variety of uses, including convenience stores, gas stations, and quick-service restaurants (QSR), given its existing infrastructure and zoning. The property benefits from a dense residential population in the immediate vicinity, ensuring a strong customer base. Its prominent location on two major thoroughfares guarantees excellent visibility and accessibility. This presents a unique redevelopment opportunity for investors seeking to capitalize on a high-traffic area with established surrounding businesses. Nearby retailers include well-known national brands such as Walgreens, Starbucks, Noodles & Company, and Dunkin' Donuts, further enhancing the site's desirability and potential for success. The asking price is available upon request. Detailed property information and site plans are available to qualified buyers. This is a rare opportunity to acquire a significant retail property in a prime Arlington Heights location.

    Property Features for 0 Sec Dundee Rd & Arlington Hts Rd

    General Information

    Property type
    Restaurants
    Square Feet
    60,638 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Arlington Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.9967043
    Latitude
    42.1390701

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, redevelopment potential.
    Where is this restaurant located?
    The property is located at Sec Dundee Rd & Arlington Hts Rd Arlington Heights, IL.
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    Sec Dundee Rd & Arlington Hts Rd Arlington Heights, IL 60004
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    Arlington Heights, IL 60004
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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
    Sec Dundee Rd & Arlington Hts Rd Arlington Heights, IL 60004
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