2231 E OAKTON Street Arlington Heights, IL $ 899,900
2231 E OAKTON Street
$ 899,900
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2231 E OAKTON Street

Arlington Heights, IL, 60005
$ 899,900
Baths0.0 Sq 7,363

Monthly Estimate*

$ 5,981

2231 E OAKTON Street, Arlington Heights, IL 60005 - Image 1
2231 E OAKTON Street, Arlington Heights, IL 60005 - Image 2
2231 E OAKTON Street, Arlington Heights, IL 60005 - Image 3
Studio

Commercial Property for sale in Arlington Heights, IL

for $899,900. This 7,363 square foot building was built in 1975 on a lot size of 0.38.

7,365 SF INDUSTRIAL WAREHOUSE BUILDING ON A HIGH VISIBILITY [95 x 175] SITE FRONTING TO E. OAKTON STREET, EAST OF HIGGINS RD, WEST OF S ELMHURST RD (Rt. 83), MINUTES FROM INTERSTATE 90 EXIT RAMP 73 (Elmhurst Rd), AND O'HARE AIRPORT AMENITIES INCLUDE A BUSINESS OFFICE MEZZANINE AND APPROXIMATELY 7000 SF OF WORK AREA WITH 14' CEILING HEIGHT, FRONT AND REAR 12' X 16' OVERHEAD SERVICE DOORS AND A 45' WIDE PAVED SIDE YARD. I-1 COOK COUNTY RESTRICTED INDUSTRIAL ALLOWS A WIDE VARIETY OF INDUSTRIAL USES, RETAIL AND SERVICE BUSINESSES: Assembly firms for completely fabricated parts, bakeries, bottling, contractor/construction office - shops - yards for building cement, electrical, HVAC, masonry, painting, plumbing, refrigeration, roofing, dairy products manufacturing, dry cleaning, laundry establishments (plants serving several retail outlets permitted), industrial laundry, machine shops, manufacturing/industrial (fabrication, processing, assembly, disassembly, repairing, cleaning, servicing, testing, packaging, and storage of materials, and products and goods (wholly within enclosed buildings), packing and crating services, pharmaceutical industries, printing, publishing, lithography, stone companies (wholesale and warehouse), automotive storage facilities (vehicles in operating condition), beverage distributors, frozen food stores (locker rental and food processing), wholesale greenhouses/nurseries, and self-storage/mini-warehouse facilities. [ALLOWED RETAIL BUSINESSES]: Auction rooms, automobile accessory stores, auto vehicle sales (new and used), bar/taverns, cocktail lounges, boat/marine sales, bottled gas dealer, building material supplies, sales/service, business machine sales/service, camper/RV sales, carpet/rug store, catalog stores, drug/pharmacy store, extermination shops, farm supply, feed stores, furrier, sales/storage, garden-supply-seed store, gravestone/monument sales, retail greenhouses, nursery, ice, milk machine sales, lumber company/yards, machinery sales, mail order house, mobile home sales, model home/garage display/sales, motorcycle sales, plumbing/heating showrooms/sales, retail outlet stores, accessory to a manufacturing or wholesale establishment, restaurants, live entertainment, dancing and serving alcohol are permitted, roadside stands, roofing sales and service, snowmobile sales and service, swimming pool sales and service, tire, battery and accessory sales, trailer sales and service truck sales and service. [SERVICES]: Automobile diagnostic centers and clinics, automobile driving schools, automobile paint shops, automobile rentals, automobile repair shops, automobile gasoline and service stations, including minor accessories, supplies, and services (customarily incidental to gasoline and service stations), oil and lubrication services are permitted only if enclosed in a building, automobile undercoating services, banks and savings and loan institutions, with or without drive-in facilities, blueprinting, photostatic and copying establishments, cartage and express facilities for trucks not over 11/2-ton capacity, credit unions. currency exchanges, electrical shops, equipment rental and leasing services, fix-it shops, for general, and minor repairs, furnace supplies and services, furniture cleaning, repair and upholstering service shops, glazing shops, lawnmower sales and repair shops, linen, towel, diaper and other similar supply services, locksmith shops, motorcycle service and repair shops, newspaper distribution agencies, parcel delivery services. More uses are possible...check the Cook County Zoning Ordinance for I-1 Restricted Industrial Uses and Special Uses.

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Commercial Contingent

Price

$ 899,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 29,763

Style

Commercial

Lot Size

0.38

Year Built

1975

Town/City

Arlington Heights

County/Region

Cook

MLS | Web ID

12016810

Features
General
Cooling Central Air Office Only
Utilities Electric to Site Gas to Site Well Private
Roof Rubber
Zoning INDUS
Construction Materials Brick
Year Built 1975
Electric Circuit Breakers Three Phase
Stories 1
Township Elk Grove
Tax Year 2022
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Contingency Attorney/Inspection
Possible Use Commercial Industrial
Status Contingent
Directions From Higgins Rd and E Oakton west to 2231
City Arlington Heights
NumberOfUnitsTotal 1
MLS Area Arlington Heights
Lot Size Square Feet 16625
Street Name OAKTON
Tax Annual Amount 29763.6
Additional Parcels Y/N N
Leasable Area 7363
Days on Market 1
Lease Type N/A
Standard Status Active Under Contract
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Interior
Flooring Concrete
Street Suffix Street
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 7363
Lot Dimensions 95X175
Lot Size Acres 0.38
Frontage Type State Road Paved
Exterior Brick
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* Excluded Features
List By
Re/Max Suburban

Broker

frankcincotta@gmail.com

Email

Affordability Calculator

$8,461
Per Month
71%
29%
0%
Monthly Principal & Interest
$5,981
Monthly Property Taxes
$2,480
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
3/30/2024$899,900 Listed Price

Map


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2231 E OAKTON Street, Arlington Heights, IL, 60005 is a Commercial Property for sale at $899,900 with 7,363 sqft and a lot size of 0.38. 2231 E OAKTON Street is a studio with 0.0 baths and was built in 1975. The property's zip code is 60005 which is in Arlington Heights, IL