Arlington Heights, IL 60005,9 N Vail AVE
Arlington Heights, IL 60005,9 N Vail AVE
Arlington Heights, IL 60005,9 N Vail AVE
Arlington Heights, IL 60005,9 N Vail AVE
Arlington Heights, IL 60005,9 N Vail AVE
Arlington Heights, IL 60005,9 N Vail AVE
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$1,350,000

$1,450,000

6.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7,995 SqFt


SOLD DATE : 09/01/2022

Key Details

Sold Price $1,350,000

Property Type Commercial

Sub Type Office/Tech

Listing Status Sold

Purchase Type For Sale

Square Footage 7,995 sqft

Price per Sqft $168

MLS Listing ID 11387542

Sold Date 09/01/22

Year Built 1987

Annual Tax Amount $60,405

Tax Year 2020

Lot Size 6,534 Sqft

Lot Dimensions 80 X 82

Property Sub-Type Office/Tech

Property Description

Meticulously maintained and perfectly situated mixed-use office/retail building in booming Downtown Arlington Heights is an investor's or business owner's dream come true. With approximately 8,000 sq ft of endless income possibilities, this building's premier location and vibrant city life draws in enormous crowds and foot traffic. Just steps from the Arlington Heights Station Commuter Rail, this two-story all brick building has undergone a full gut rehab and is impeccably maintained. This is a rare opportunity to purchase a fully improved building in pristine condition with multiple suites equipped with reception areas, private offices, conference rooms, a kitchen, bathrooms, file and storage rooms in the heart of desirable downtown Arlington Heights. There is a tremendous upside to be gained from leases at market rates with the option for an owner to occupy some of the property while leasing out the remaining suites. Buyer's potential for this building are limitless. Whether your buyer is looking to open a posh spa, innovative salon and/or wellness center, elegant bridal shop with all inclusive amenities, or simply looking to capitalize on office hoteling income, this building's versatility makes any business endeavor possible. Reinvent your buyer's income potential with 9 N Vail Ave!!

Location

State IL

County Cook

Area Arlington Heights

Zoning OFFIC

Interior

Cooling Central Air

Flooring Carpet, Tile

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Community

Roof Type Membrane

Building

Level or Stories 2

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Maureen Bilek • Homesmart Connect LLC
Bought with Maureen Bilek • Homesmart Connect LLC
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