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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1000 Northwest Hwy Arlington Heights, IL 60004

12,320 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 12,320 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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