Strip Center - Arlington Heights, IL

1707 E Central Rd, Arlington Heights, IL 60005

  • For Sale $1,516,500
  • Property Type Other
  • Property Size 11,850 SF
  • Lot Size 0.76 SF
  • Additional Rent Contact for pricing
  • Date Updated Sep 15, 2024

Introducing an exceptional investment opportunity in the heart of Arlington Heights, Illinois, Located at 1707-1723 E. Central Rd. This property has a prime location near busy intersections and a well-established neighborhood and offers stable tenants and strong investment potential. With a competitive price of $1,516,500 and an attractive 8.00% cap rate, this 11,850 SF strip center is 88% leased, presenting immediate upside through lease-up opportunities. The area's affluent population of 132,233 residents and an average household income of $128,774 within a three-mile radius ensure a solid customer base for tenants. Additionally, the property is strategically positioned near major highways, O'Hare International Airport, and downtown Chicago. Don't miss out on this value-add neighborhood strip center with excellent growth prospects. Contact us today to seize this lucrative investment in a thriving community.

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Attachments

Contacts

broker

Peter Block

broker

Rachel Patten

Location

Getting Around

  • Walk Score ®

    50/100 Car-Dependent

  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Arlington Heights, IL
  • Neighborhood Arlington Heights
  • Zip Code 60005
  • Market Chicago

Points of Interest

  • Arlington Heights

    1.69 miles

  • Arlington Park

    3.12 miles

  • Palatine

    5.51 miles

  • Terminal 2

    6.79 miles

  • Wood Dale

    7.19 miles

  • Buffalo Grove

    7.22 miles

  • Terminal 5

    7.29 miles

  • Park Ridge

    7.70 miles

  • Rosemont

    7.72 miles

  • Schiller Park

    8.57 miles

  • Shell

    1.21 miles

  • Shell

    1.22 miles

  • Mobil

    1.44 miles

  • Citgo

    1.70 miles

  • Mobil

    1.71 miles

  • BP

    1.75 miles

  • Costco Gasoline

    1.79 miles

  • BP

    1.83 miles

  • Shell

    1.89 miles

  • Meijer

    2.01 miles

  • Visitor Garage

    1.49 miles

  • P2

    1.56 miles

  • Emegency & Employee Garage

    1.63 miles

  • P7

    1.66 miles

  • Busse Center Garage

    1.66 miles

  • P6

    1.70 miles

  • Pace Northwest Point/Elk Grove Park-n-Ride

    2.56 miles

  • Busse Forest South

    2.99 miles

  • Busse Forest North

    3.15 miles

  • Arlinton Park Parking Metra Station

    3.17 miles

  • Jameson Suites of Arlington Heights

    1.68 miles

  • Wingate

    1.73 miles

  • Holiday Inn

    1.75 miles

  • Comfort Inn Arlington Heights Chicago O'Hare Airport

    1.76 miles

  • Red Roof Inn

    1.82 miles

  • Courtyard

    1.83 miles

  • Hampton Inn and Suites- Mount Prospect

    1.91 miles

  • Motel 6

    1.94 miles

  • DoubleTree

    1.96 miles

  • Sheraton Suites Chicago Elk Grove

    2.23 miles

  • Culver's

    0.54 miles

  • Dondi's Pizza

    0.91 miles

  • Trezeros Italian Kitchen + Tap

    1.05 miles

  • Mia's Cantina

    1.16 miles

  • Thai Little Home

    1.17 miles

  • Papa John's

    1.18 miles

  • Sozai Banzai

    1.20 miles

  • Chinese Munch In

    1.20 miles

  • Mr. Kimchi

    1.25 miles

  • Dunkin'

    1.27 miles

  • Westbrook Elementary School

    0.15 miles

  • Dryden Elementary School

    0.61 miles

  • Lincoln Middle School

    0.80 miles

  • Forest View Elementary School

    0.89 miles

  • Fairview Elementary School

    0.92 miles

  • Holmes Junior High School

    1.01 miles

  • Dunton School

    1.05 miles

  • Prospect High School

    1.07 miles

  • Kensington Elementary School

    1.11 miles

  • Saint Raymond De Penafort School

    1.11 miles

  • KinderCare

    1.53 miles

  • Bright Horizons

    3.98 miles

  • Homey-Home Day Care

    4.60 miles

  • Kindercare

    4.77 miles

  • Kiddie Garden Child Care Center

    5.56 miles

  • Children's Land Learning Center

    6.21 miles

  • Learning Experience Childcare

    6.40 miles

  • KinderCare

    7.12 miles

  • Knowledge Beginnings

    7.75 miles

  • Kinder Care

    8.06 miles

Frequently Asked Questions

How much does Strip Center - Arlington Heights, IL cost?

The space currently listed for sale at Strip Center - Arlington Heights, IL asks for $1,516,500.

What is the total square footage of Strip Center - Arlington Heights, IL?

Strip Center - Arlington Heights, IL totals 11,850 square feet.

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