710 E Kensington, Arlington Heights IL

Industrial for Sale - $363,000


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Agent Info

NameJennifer Hopkins

Property Info

CIMLS #737101
Location710 E Kensington
Arlington Heights IL 60004
Last UpdatedNovember 23rd, 2017
TypeIndustrial
Price$363,000

Contact


Property Description

4,800 SF building for sale on a 10,000 SF lot. Currently zoned industrial and mixed use. Building has two income producing apartments on second floor generating approximately $24,000 annual income ($2,000 monthly). Full basement for storage or lower level offices. This building also has a rear parking area that can accommodate approximately 6 cars and/or several trucks and free parking on the side street, Hickory Avenue.

Why Lease, when you can Own! This is a perfect building and location for Landscape company, HVAC/Electrical contractor, Service oriented business or Warehouse with Storage Space. The monthly rental income pays for the mortgage!

Location Description:

Excellent location on Kensington Rd and Hickory Ave directly behind Mariano's grocery on NW Highway in the Northwest suburb of Arlington Heights, a high income demographic area with substantial population. There is excellent access to the NW Highway.This is a traditional light industrial area, however the area is currently changing with an influx of retail and new multi-family homes.

Highlights:

>> 4,800 SF two story building on a 10,000 SF lot

>> Zoned industrial and mixed use

>> Two income producing apartments on second floor

>> Full basement for storage or lower level offices

>> Perfect for industrial: landscape company, HVAC/electrical company, or service oriented company

>> Parking in rear for approximately 10 cars or trucks.

* Email for additional photos

** This property also has spaces available for lease.


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