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Serena Ocenas
  • Real Estate Professional
  • Chicago, IL
16
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91
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E Northwest Highway, Arlington Heights, IL 8% cap rate $1.49MM

Serena Ocenas
  • Real Estate Professional
  • Chicago, IL
Posted May 11 2016, 18:28

Kensington /Hickory TIF District for potential redevelopment- Low Taxes
Retail/Apartment Bldg with existing Net income of $120,750
Includes 4-2nd floor apartments & 3 retail tenants - Fully leased
Additional 10,000 SF of basement storage space available for free
Total Space of 10,310 SF can be divided into 1,200 SF or 9,110 SF
Yard space available
Zoned B-3
Great Exposure and traffic counts on Northwest Hwy
Retail or apartments can be made available for a user purchaser
Ideal Live/ work space
Apartments have 500 SF deck areas & parking on site

Located on Busy Northwest Hwy (Rt 14) East of downtown Arlington Heights next to Mariano's

Offering