Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Located in the center of Downtown Arlington Heights.
  • Surrounded by restaurants, retailers, and entertainment venues.
  • Benefits from strong pedestrian activity throughout the day.
  • Walking distance to the Arlington Heights Metra Station.
  • Positioned within a mixed-use residential and retail environment.
  • Accessible to Chicago and northwest suburban communities.

Executive Summary

Located in the heart of Downtown Arlington Heights, 2-18 S Dunton Ave offers retail and restaurant users an opportunity to establish a presence within one of Chicago's most active suburban downtown districts. Situated beneath the MetroLofts mixed-use development, the property benefits from a built-in residential customer base and a highly walkable environment surrounded by dining, shopping, entertainment, and professional services. The location provides exceptional accessibility for customers and employees alike. Arlington Heights Metra Station is within walking distance, connecting the property to Chicago and the broader northwest suburban market. The surrounding downtown district continues to attract visitors throughout the day and evening, supported by a diverse mix of restaurants, retailers, residential developments, and community events that contribute to consistent pedestrian activity. The available retail and restaurant space is positioned to benefit from strong visibility within a well-established commercial corridor. Nearby residential density, office users, and destination-oriented businesses help create a dynamic customer base for food service, specialty retail, personal services, and experiential concepts. The property's downtown setting allows tenants to leverage the area's established reputation as a regional dining and entertainment destination while maintaining convenient access to major suburban population centers. This combination of walkability, transit access, surrounding residential density, and established retail synergy provides a compelling environment for businesses seeking a downtown Arlington Heights location.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Ground Level Retail
  • 8,195 SF
  • Retail
  • $3,709,120 CAD ($452.61 CAD/SF)
  • $254,074.71 CAD
Sale Type Investment
Cap Rate 6.85%
Unit Unit Size Condo Use Price NOI
Unit Ground Level Retail 8,195 SF Retail $3,709,120 CAD ($452.61 CAD/SF) $254,074.71 CAD

Unit Ground Level Retail

Unit Size
8,195 SF
Condo Use
Retail
Price
$3,709,120 CAD ($452.61 CAD/SF)
NOI
$254,074.71 CAD

Unit Ground Level Retail

Unit Size 8,195 SF
Condo Use Retail
Price $3,709,120 CAD ($452.61 CAD/SF)
NOI $254,074.71 CAD
Sale Type Investment
Cap Rate 6.85%

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 60,693 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class B
Floors 7
Typical Floor Size 4,477 SF
Year Built 2006
Lot Size 0.43 AC
Parking Ratio 1.6/1,000 SF
Zoning R7 - Residential

Amenities

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Clubhouse
  • Fitness Center
  • On-Site Retail
  • Roof Terrace
  • Elevator
  • Multi Use Room
  • Sundeck
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 55 - -
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
  • Listing ID: 41870789

  • Date on Market: 2026-08-25

  • Last Updated:

  • Address: 2-18 S Dunton Ave, Arlington Heights, IL 60005

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}