710 E Kensington, Arlington Heights, IL
Industrial for Sale - $290,000 - 4,800 Sq. Ft.


Property Info
CIMLS# | 737101 |
Location 710 E Kensington Arlington Heights IL 60004 | |
Updated | February 9th, 2018 |
Type | Industrial |
Price | $290,000 |
Building | 4,800 Sq. Ft. |
Property Description
Significant price reduction and priced to sell! 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 6 cars or trucks.
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Financials
Sales Info:
>> Commision split: 2.5%