r1_topleft r1_topmid r1_topright
r2_left
r3_left r3_mid r3_right
fill
fill

r4_mid

710 E Kensington Road,  Arlington Heights IL, 60004

(Active)
$845,000
|
6,288 sqft
|
MLS# 12017095
Last Updated: 5/17/2024 11:25 PM
Description for 710 E Kensington Road Arlington Heights, IL 60004
Fully rented Mixed-Use Building in a Prime Location! Two-story, 4,800 sq ft. above ground property on an ~10,000 sq ft. lot. The building is fully occupied and strategically positioned amidst new developments in the thriving area. 1st Floor has two commercial units, each spanning ~1,200+ sq.ft, with a combined area of 2,600 sq.ft. Undergone a comprehensive renovation in 2019, replaced HVAC systems, A/C units, water heaters, and more. The units are individually metered for gas and electric utilities, facilitating efficient management. 2nd Floor- upstairs has two fully leased 3-bedroom apartments. Individually metered for gas and electric services. This property includes a full basement with a potential for additional lower-level space or storage. Dedicated private parking area for 6-8 cars for tenants and customers. Additional free parking is available on South Hickory Avenue. Situated at the highly sought-after intersection of Kensington Road and Hickory Avenue, just behind Mariano's grocery store, this property is adjacent to the new Arlington Market subdivision. The neighborhood is witnessing a surge in development, including multi-family residential units and upcoming condominiums on Hickory Ave, indicating a promising and rapidly evolving locale. Taxes are being appealed. Please refrain from disturbing the tenants. This property is broker-owned and offers easy access to NW Highway. Seller financing available.
Price
$845,000
Cook
6,288 (approx)
12017095
Active
Description
Fully rented Mixed-Use Building in a Prime Location! Two-story, 4,800 sq ft. above ground property on an ~10,000 sq ft. lot. The building is fully occupied and strategically positioned amidst new developments in the thriving area. 1st Floor has two commercial units, each spanning ~1,200+ sq.ft, with a combined area of 2,600 sq.ft. Undergone a comprehensive renovation in 2019, replaced HVAC systems, A/C units, water heaters, and more. The units are individually metered for gas and electric utilities, facilitating efficient management. 2nd Floor- upstairs has two fully leased 3-bedroom apartments. Individually metered for gas and electric services. This property includes a full basement with a potential for additional lower-level space or storage. Dedicated private parking area for 6-8 cars for tenants and customers. Additional free parking is available on South Hickory Avenue. Situated at the highly sought-after intersection of Kensington Road and Hickory Avenue, just behind Mariano's grocery store, this property is adjacent to the new Arlington Market subdivision. The neighborhood is witnessing a surge in development, including multi-family residential units and upcoming condominiums on Hickory Ave, indicating a promising and rapidly evolving locale. Taxes are being appealed. Please refrain from disturbing the tenants. This property is broker-owned and offers easy access to NW Highway. Seller financing available.
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.23 Acres 6,288 (approx) 2
Brick
4 Total
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Brick
0000
COMMR
Driving Directions
Kensington Rd & Hickory Ave
Financial Considerations
03294090170000
$16,874
Listing Price History

Arlington Heights Real Estate

Arlington Heights is located in Illinois. Arlington Heights, Illinois 60004 has a population of 74,485.

The median household income in Arlington Heights, Illinois 60004 is $103,640. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Arlington Heights 60004 is 38 years.

Loading nearby sales and history ...
Courtesy: Entrust Realty Group, LLC
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/17/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

This content last refreshed on 5/17/2024 11:25 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation

fill



©2001-2005 Community Website, 27081 Aliso Creek Road, Suite 200, Aliso Viejo, CA 92656. All rights reserved.

Email:rdesksupport@realestatedigital.com
fill