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810 E Shady Way
Arlington Heights, IL 60005
Multifamily Property For Sale · 40 Units

Property Facts

No. Units 40
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.00 AC
Building Size 51,174 SF
No. Stories 3
Year Built 1974
Parking Ratio 1.56/1,000 SF
Zoning R-6

Amenities

Site Amenities

  • Courtyard
  • Bicycle Storage

About 810 E SHADY WAY , ARLINGTON HEIGHTS, IL 60005

Monarch is pleased to exclusively offer for purchase Cedar Glen Condominiums, a multifamily deconversion opportunity in suburban Arlington Heights, Illinois. Located at 810 E. Shady Way, Cedar Glen is a forty [40] unit complex with 80 parking built in 1974. Located on a large 2 acre parcel with R6 zoning, the property consists of 20 1BR/1BA and 20 BR/1BA units. Of the 80 parking, 39 are underground garage spots with the remaining 41 outdoor spaces. Arlington Heights is 25 miles northwest of downtown Chicago and includes a population of approximately 75,000 people. It is desirable community just north of O’Hare Airport, home to many great schools, restaurants and Arlington Park Racetrack. The property is directly across from Robert Morris University and the Forest View Racquet and Fitness Club. It’s also near both Interstate-90 and the Metra train.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - -
2+2 20 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 08-15-304-003-1056
  • 08-15-304-003-1001
Land Assessment
$2,379
Improvements Assessment
$13,788
Total Assessment
$16,167
  • Listing ID: 13129180

  • Date on Market: 7/11/2018

  • Last Updated:

  • Address: 810 E Shady Way, Arlington Heights, IL 60005

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