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1612 W Northwest Hwy 2,450 SF Retail Building Arlington Heights, IL 60004 $543,828 CAD ($221.97 CAD/SF)
INVESTMENT HIGHLIGHTS
- Divisibility possible in this location for 4 tenants.
- Surface Parking lot can house 9 cars for client convenience.
- Can be converted to Office, Medical, or Retail with zoning.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,450 SF
Building Class
C
Year Built
1970
Price
$543,828 CAD
Price Per SF
$221.97 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.14 AC
Zoning
B-2 - Commercial
Parking
10 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
50’ on Northwest Highway
AMENITIES
- Metro/Subway
- Air Conditioning
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $93,788 CAD | |
| Land Assessment | $43,024 CAD | Annual Taxes | -$4,850 CAD (-$1.98 CAD/SF) |
| Improvements Assessment | $50,763 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$43,024 CAD
Improvements Assessment
$50,763 CAD
Total Assessment
$93,788 CAD
Annual Taxes
-$4,850 CAD (-$1.98 CAD/SF)
Tax Year
2024
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1612 W Northwest Hwy
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