10 Arlington Heights Rd Arlington Heights, IL 60005
- Land
- 4.11 lot acres
Current Use by Public Records
- Land
Property Details for 10 Arlington Heights Rd
- Lot size
- 4.11 lot acres
- Property type
- Land
Description
This exceptional 4.11-acre commercial land parcel presents a remarkable investment opportunity in Arlington Heights, Illinois. Located at 10 E. Arlington Heights Road, this property boasts a highly desirable B-3 General Service zoning, allowing for a wide range of commercial uses. The site benefits from its strategic location within the South Arlington Heights Road Corridor Plan and a designated Tax Increment Financing (TIF) District, offering potential economic advantages. Its comprehensive plan designation supports mixed-use development, maximizing its potential. The property enjoys significant frontage along both Arlington Heights Road and Algonquin Road (Rt. 62), creating exceptional visibility and accessibility. The hard corner location at a lighted intersection further enhances its appeal. Its proximity to the I-90 full interchange provides unparalleled connectivity. High traffic counts are a key feature: 26,900 vehicles daily on Arlington Heights Road, 26,000 on Algonquin Road, and a combined 147,300 vehicles and 10,300 trucks daily on I-90. Adding to its utility are two full access easements off Tonne Drive. The property's PIN numbers are 08-16-202-025, 08-16-202-029, and 08-16-202-030. The asking price for this prime commercial land is $5,263,500. Additional information is available upon request. This is a rare opportunity to acquire a strategically located, high-traffic commercial property with significant development potential.
Value Estimation
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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
- -87.9798
- Latitude
- 42.063
