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Property profile & analytics

1000 Hwy Arlington Heights, IL 60004

  • Retail properties
  • 12,320 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
  • Walgreens / Greeting Card Shop / Perfume Store
  • FedEx OnSite / Mailing Service
  • Walgreens Pharmacy / Pharmacy
  • Walgreens Photo / Passport Photo Processor / Photo Lab

Property Details for 1000 Hwy

Property size
12,320 SF
Property type
Retail properties
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

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Arlington Heights
County
Cook
State
Illinois
Longitude
-87.9954
Latitude
42.0901
More about this property
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