2924 Malmo Road Arlington Heights, IL $ 379,900
2924 Malmo Road
$ 379,900
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2924 Malmo Road

Arlington Heights, IL, 60005
$ 379,900
Baths0.0 Sq 5,000

Monthly Estimate*

$ 2,275

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Studio

Commercial Property for sale in Arlington Heights, IL

for $379,900. This 5,000 square foot building was built in 1974 on a lot size of 2.71031.

Unlock a Premier Opportunity for Your Startup! Seize the chance to elevate your business in Arlington Heights with this exceptional 5,000 square foot office/warehouse space. This versatile property features 2,000 square feet of modern office space and a spacious 3,000 square foot warehouse, which is currently generating income with a reliable tenant who will vacate in just five weeks. The warehouse boasts an impressive 20-foot clear height and a convenient 12x12 overhead door, perfect for your operational needs. With two reserved parking spots and ample parking for up to 60 vehicles, you'll have the space and convenience to support your growing team. Ideally situated with easy access to I-90 and Route 53, this meticulously maintained complex benefits from unincorporated Cook County taxes and low association fees. Don't miss out on this incredible opportunity to position your startup for success in a prime location!

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Commercial Contingent

Price

$ 379,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,764

Style

Commercial,Office

Lot Size

2.71031

Year Built

1974

Town/City

Arlington Heights

County/Region

Cook

MLS | Web ID

12137665

Features
General
Cooling Central Air
Possession Closing
Zoning INDUS
Year Built 1974
Electric Service - 201 to 600 Amps
Tenant Pays Other
Stories 1
Township Elk Grove
Property SubType Condominium
Tax Year 2022
Current Use Commercial Office
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Contingency Attorney/Inspection
Possible Use Commercial Industrial Office and Research Special Use Single Room Occupancy
Status Contingent
Directions Elmhurst Road west to Malmo north to the property.
City Arlington Heights
MLS Area Arlington Heights
Lot Size Square Feet 118061
Tax Annual Amount 18764
Additional Parcels Y/N N
Leasable Area 0
Days on Market 17
Lease Type N/A
Standard Status Active Under Contract
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Interior
Flooring Carpet Concrete
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Exterior
Building Area Total 5000
Lot Dimensions 5000 SQ FT
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* Excluded Features
List By
Compass

Broker

gkc@compass.com

Email

Affordability Calculator

$3,839
Per Month
59%
41%
0%
Monthly Principal & Interest
$2,275
Monthly Property Taxes
$1,564
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2024$379,900 Listed Price

Map


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2924 Malmo Road, Arlington Heights, IL, 60005 is a Commercial Property for sale at $379,900 with 5,000 sqft and a lot size of 2.71031. 2924 Malmo Road is a studio with 0.0 baths and was built in 1974. The property's zip code is 60005 which is in Arlington Heights, IL