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 Nov 18, 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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
  • Zip Code 60005
  • Market Chicago

Points of Interest

  • Mount Prospect

    1.36 miles

  • Arlington Heights

    1.69 miles

  • Arlington Park

    3.11 miles

  • Des Plaines

    4.21 miles

  • Palatine

    5.51 miles

  • O'Hare Transfer

    6.44 miles

  • Terminal 1

    6.66 miles

  • Wood Dale

    7.19 miles

  • Terminal 5

    7.29 miles

  • Rosemont Blue Line Station

    7.68 miles

  • Shell

    0.82 miles

  • Mobil

    1.44 miles

  • Citgo

    1.70 miles

  • Meijer

    2.01 miles

  • Tesla Supercharger

    2.04 miles

  • ChargePoint

    2.08 miles

  • Amoco

    2.19 miles

  • EVgo

    3.13 miles

  • EverCharge

    3.88 miles

  • eVgo

    4.18 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

  • First Merit

    2.95 miles

  • Busse Forest South

    2.99 miles

  • Holiday Inn Express Chicago NW - Arlington Heights

    1.68 miles

  • Comfort Inn & Suites

    1.73 miles

  • Former Holiday Inn

    1.74 miles

  • Suburban Studios

    1.76 miles

  • Red Roof Inn

    1.82 miles

  • Courtyard Arlington Heights

    1.83 miles

  • Hampton Inn and Suites- Mount Prospect

    1.91 miles

  • Motel 6

    1.94 miles

  • DoubleTree Arlington Heights

    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

  • Crazy Quesadilla

    1.14 miles

  • Mia's Cantina

    1.16 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

  • Early Learning Center

    0.96 miles

  • Holmes Junior High School

    1.01 miles

  • Dunton School

    1.05 miles

  • Prospect High School

    1.07 miles

  • Timber Ridge School

    1.11 miles

  • KinderCare

    1.53 miles

  • Domowe Przedszkole w Des Plaines

    2.87 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

  • Bright Horizons at Chancellory

    5.90 miles

  • Children's Land Learning Center

    6.22 miles

  • Learning Experience Childcare

    6.40 miles

  • Hoffman Estates KinderCare

    8.35 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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Strip Center - Arlington Heights, IL