About 710 East Kensington Road
Fully rented Mixed-Use Building in a Prime Location! Two-story, 4,800 sq ft. above ground property on an ~10,000 sq ft. lot. The building is fully occupied and strategically positioned amidst new developments in the thriving area. 1st Floor has two commercial units, each spanning ~1,200+ sq.ft, with a combined area of 2,600 sq.ft. Undergone a comprehensive renovation in 2019, replaced HVAC systems, A/C units, water heaters, and more. The units are individually metered for gas and electric utilities, facilitating efficient management. 2nd Floor- upstairs has two fully leased 3-bedroom apartments. Individually metered for gas and electric services. This property includes a full basement with a potential for additional lower-level space or storage. Dedicated private parking area for 6-8 cars for tenants and customers. Additional free parking is available on South Hickory Avenue. Situated at the highly sought-after intersection of Kensington Road and Hickory Avenue, just behind Mariano's grocery store, this property is adjacent to the new Arlington Market subdivision. The neighborhood is witnessing a surge in development, including multi-family residential units and upcoming condominiums on Hickory Ave, indicating a promising and rapidly evolving locale. Taxes are being appealed. Please refrain from disturbing the tenants. This property is broker-owned and offers easy access to NW Highway. Seller financing available.
Features of 710 East Kensington Road
MLS® # | 12017095 |
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Price | $845,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 710 East Kensington Road |
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Area | Arlington Heights |
City | Arlington Heights |
County | Cook |
State | IL |
Zip Code | 60004 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | Central Air, Central Individual |
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Fireplace | No |
Has Basement | No |
Exterior
Exterior | Brick |
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Additional Information
Days on Market | 32 |
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Zoning | COMMR |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Entrust Realty Group, LLC |
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