1-51 Arlington Heights Rd | Elk Grove Village, IL 60007
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1-51 Arlington Heights Rd
Elk Grove Village, IL 60007
Elk Grove Woods Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Local Shopping Center with an Excellent Mix of National, Regional and Local Tenants
- The Plaza is Located at the Intersection of East Higgins Road and South Arlington Heights Road
- High Barrier-to-Entry Property with Excellent Rent Growth at 4.1 Percent Compound Annual Growth Rate (CAGR)
- Value-Add Opportunity Through Redeveloping Existing Outlot Restaurant and Sub-Dividing BMO Bank
- Long Operating History
- Dense Employment Demographics | 136,277 People Work Within Three Miles of Subject Property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
62,291 SF
Building Class
C
Year Built
1960
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
7.60 AC
Zoning
B1
Parking
500 Spaces (8.03 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 08-21-403-035-0000 | Improvements Assessment | $494,910 |
| Land Assessment | $1,117,183 | Total Assessment | $1,612,093 |
PROPERTY TAXES
Parcel Number
08-21-403-035-0000
Land Assessment
$1,117,183
Improvements Assessment
$494,910
Total Assessment
$1,612,093
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