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Property profile & analytics

1050 Arlington Hts Rd Arlington Heights, IL 60005

  • Retail space
  • 0.37 lot acres
Value Estimation
$440,000
Last Sale
Apr 28, 2022
$525,000
Location Intelligence
Property ID
US28-0004726
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Savarino Salon & Spa / Hair Salon / Massage Spa
  • Excellent Builders Inc / General Contractor

Property Details for 1050 Arlington Hts Rd

Year built
1968
Lot size
0.37 lot acres
Property type
Retail space
APN
08-09-207-022
APU
809207022

Description

This exceptional retail opportunity is located in a free-standing shopping center at a prominent corner location in Arlington Heights, just one mile from the downtown area. The property boasts a newly remodeled, all-brick building, completed in 2023, offering a total of 5,000 square feet across two suites. Currently, 2,500 square feet of prime retail space is available, divisible to a minimum of 2,500 square feet. The space features 10-foot-high windows providing excellent street visibility and showcasing your business to its best advantage. Interior highlights include two ADA-compliant bathrooms and energy-efficient LED ceiling lighting. The property benefits from ample parking with 30 spaces in a newly paved and striped lot. Exterior features include an oversized, landscaped monument sign, ensuring maximum brand exposure. This single-story building is situated in Cook County and presents a fantastic chance to establish or expand your business in a high-traffic area. The space is ideal for a variety of retail uses, particularly those that benefit from high visibility and ample parking. Don't miss this opportunity to secure a prime location in a thriving community.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $415,000
  • CAP approach

    CAP return
    Estimation
    6%
    $425,000
    6.5%
    $405,000
    7%
    $395,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $440,000
    Geo Method
    $435,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $375,000
    Retail
    $380,000
    Mixed-Use
    $420,000
    Hospitality
    $475,000
    Educational
    $470,000
    Residential Income
    $380,000
    Energy
    $485,000
    Income-Based Land
    $415,000
    Food Service
    $400,000

Location Insight

  • Map
  • Local Demand
City
Arlington Heights
County
Cook
State
Illinois
Longitude
-87.9803
Latitude
42.0645
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$34,671
$60,570
$70,680
$131,250
-
$242,280
$282,720
$525,000
More about this property
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