Current Use by Public Records
- Retail properties & Spaces
Property Details for 1000 Northwest Hwy
- Property type
- Retail properties & Spaces
- Property subtype
- Freestanding property
Description
This exceptional 12,320-square-foot freestanding retail building in Arlington Heights, Illinois, presents a unique investment opportunity. Located at 1000 W Northwest Hwy, this single-story structure boasts a distinctive barrel vault roof truss system, creating a spacious, column-free interior with 15-foot clear ceiling heights. The property features ample parking for 75+ vehicles, a significant advantage in a high-traffic area. The building is fully sprinklered and equipped with central air conditioning via a roof-mounted unit, and benefits from a robust 600-amp electrical service. Situated on a substantial 49,223-square-foot lot, this property enjoys excellent visibility and is zoned B-2, offering flexibility for various uses. Its prime location near the proposed Chicago Bears stadium, along with nearby established businesses such as Dunkin', McDonald's, Jewel-Osco, Mariano's, and numerous restaurants and shops, ensures high foot traffic and strong potential for growth. The daily traffic count on Northwest Highway exceeds 15,271 vehicles. This property is ideal for owner-users or developers seeking a prominent location in a thriving community. The building's former use as a roller rink provides a unique history and adaptable layout. This is a rare opportunity to acquire a substantial commercial property in a high-demand area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arlington Heights
- County
- Cook
- State
- Illinois
- Longitude
- -87.9954
- Latitude
- 42.0901
