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    Property profile & analytics

    1702 Enw Hwy Arlington Heights, IL 60004-6700

    • Residential income homes
    • 4,288 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US28-2776732
    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

    • Residential income homes

    Property Details for 1702 Enw Hwy

    Year built
    1968
    Construction
    FRAME
    Lot size
    0.06 lot acres
    Property size
    4,288 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    03-33-111-016
    APU
    333111016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $440,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $540,000
      Mixed-Use
      $455,000
      Hospitality
      $480,000
      Educational
      $425,000
      Residential Income
      $495,000
      Energy
      $540,000
      Income-Based Land
      $460,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Arlington Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.9618
    Latitude
    42.0754
    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
    $4,065
    $4,125
    $11,293
    $15,418
    -
    $41,250
    $112,930
    $154,180

    Comparable in this City

    • Value Estimation by Request
      2,856 SF

      501 Windsor Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,856 SF
      501 Windsor Dr, Arlington Heights, IL 60004-6783
      View Details
    • Value Estimation by Request
      5,162 SF

      1718 Wnw Hwy

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,162 SF
      1718 Wnw Hwy, Arlington Heights, IL 60004-5263
      View Details
    • Value Estimation by Request
      6,288 SF

      710 Kensington Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,288 SF
      710 Kensington Rd, Arlington Heights, IL 60004-6201
      View Details
    • Value Estimation by Request
      3,426 SF

      7 Miner St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,426 SF
      7 Miner St, Arlington Heights, IL 60004-6011
      View Details
    • Value Estimation by Request
      1,534 SF

      1618 Rand Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,534 SF
      1618 Rand Rd, Arlington Heights, IL 60004-4015
      View Details
    • Value Estimation
      $2,200,000
      11,737 SF

      1520 Arlington Hts Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 11,737 SF
      1520 Arlington Hts Rd, Arlington Heights, IL 60004-3906
      View Details

    Similar Nearby for Sale

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      Arlington Heights Medical Office Building

      Prime location, 2,450 SF, $420,000
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    • New
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      Arlington Heights Land Development Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      8,400 SF

      Arlington Heights Retail Center

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    • Contact for pricing

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    • $17 SF/Yr
      29,597 SF

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      Executive & Medical Suites Available
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      View Details
    • $15 SF/Yr
      12,712 SF

      Wilke Road Medical Office Suites

      Medical office condos: lease or buy.
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    • $20 SF/Yr
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      Office Space with Private Offices

      Office space featuring multiple private offices and a conference room.
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      View Details
    • $21 SF/Yr
      14,939 SF

      Office Space with Executive Parking

      Office space for lease with on-site amenities and parking.
      1500 W Shure Dr, Arlington Hts, IL 60004
      View Details
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    1702 Enw Hwy
    Arlington Heights, IL 60004-6700
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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