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$1,699,999   Price Analysis
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1510 E Northwest Hwy
Arlington Heights, IL 60004
Unknown bed 7 bath unknown SqFt ($0/SqFt)
0.69 acre lot. Built 1970
Listed 2024-03-07, Taxes $23,442
Ⓧ USDA Ineligible
due to price & location

near Arlington Heights

Location

* Has Contingent Offer *

Location, location. Rar e Arlington Heights 6 Flat Investment Opportunity. The one in the area of single-family houses. Schools: Windsor/South (District 25) and Prospect HS (District 214) Great Cash Flow Opportunity or Condo Conversion. All Brick Building and Fully Renovated Exterior.

Attached 3 car garage Heated (Separate Furnace) All-Brck Garage (2016) Roof (2019) and 400 Amp Service (2016) Windows (2014) Boiler (2009) and 3 Independent HVAC units completely refurbished in 2021 and 2022 year. Parking for 12 cars 3 Indoor Heated Garage & 9 outdoor spaces. Great opportunity to Increase Cash Flow by market rate, huge potential, perfect place for luxury apartments.


Presented by ERIC SADOWSKI at
American Realty &, Inc.
Listing Agent Photo

Property MLS #11988392 from MRED

Cooling Features: Central Air, Central Individual, Partial, Window Unit(s), Zoned

Full Bathrooms: 7

Basement Description: Partially Finished, Exterior Access

Lot Size Acres: 0.6887052
Lot Size Dimensions: 100 X 300
Lot Size Square Feet: 30000

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Full Bathrooms in Unit-6: 1
Total Rooms in Unit-1: 8
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 5
Total Rooms in Unit-5: 5

Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant

Annual Tax Amount: 23442.50
Source Listing Status: Active Under Contract
County: Cook
Directions: Northwest Hwy E of Arlington Heights Rd (adjacent to Stonegate subdivision) on Frontage Rd
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 03311003000000
Property Subtype: Multi Family 5+
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$68,085 + $11,860
$79,945
$23,442
2019$80,137 + $11,860
$91,997
$22,533
2018$59,643 + $10,422
$70,065
$18,441

Listed 2024-03-07
$1,699,999
MRED
Sold 2019-12-31
$1,000,000
Public Record
Sold 2014-06-20
$765,000
MRED
Listed 2014-05-05
$810,000
MRED
Listing removed 2009-10-01
$789,900
MRED
Listed 2009-01-19
$789,900
MRED
Listing removed 2008-08-08
$799,000
MRED
Listed 2008-04-02
$799,000
MRED
Listing removed 2007-09-21
$799,000
MRED
Listing removed 2007-08-09
$799,000
MRED
Listed 2007-08-09
$799,000
MRED
Listed 2007-07-23
$799,000
MRED

Net Operating Income: 131338

Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
Sanitary Sewer
Sewer-Storm Available
Water-Municipal

Year Built: 1970
Construction Materials: Brick, Concrete, Steel Siding
Foundation Details: Concrete Perimeter
Property Age: 54
Roof: Composition
Levels or Stories: 2

Windsor Elementary School is a public elementary school located approximately 0.6 miles away.
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Prospect High School is a public high school located approximately 0.7 miles away.
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South Middle School is a public middle school located approximately 1.2 miles away.
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Kindercare Learning Center is a private elementary school located approximately 1.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.