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Key Details
Sold Price $1,025,000
Property Type Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12647728
Style Cape Cod
Full Baths 3
Annual Tax Amount $15,032
Tax Year 2024
Lot Size 1.850 Acres
Property Sub-Type Land
Property Description
Rare opportunity to own approximately 1.85 acres of commercially zoned C-4 property in unincorporated Cook County/Arlington Heights featuring an existing two-story residence, approximately 3,200 SF detached warehouse building, and income-producing cell tower component. There are three existing telecommunications infrastructure areas located on the property. One cell tower remains subject to an active income-producing lease currently generating $4,599.94/month through October 2028 with a potential renewal. The 2 remaining cell towers are subject to recorded easement agreements which replaced prior lease arrangements. The property offers exceptional flexibility for investors, developers, contractors, owner-users, live/work scenarios, redevelopment opportunities, or long-term hold strategies. Existing residence offers approximately 2,771 SF with 5 bedrooms, 3 baths, basement, and attached garage. Detached warehouse building provides additional utility for storage, contractor use, vehicles, equipment, workshop, or flex-space potential. Expansive usable land area with existing commercial utility infrastructure and strong accessibility near Dundee Rd and Buffalo Grove Rd. Existing improvements offer renovation, repurposing, or redevelopment potential subject to buyer verification. Existing telecom agreements, leases, easements, surveys, and related due diligence materials available upon request for qualified interested parties. Property conveyed strictly AS-IS. A truly unique mixed-use opportunity combining residential, warehouse, land, commercial zoning, redevelopment potential, and recurring income characteristics within one property.
Location
State IL
County Cook
Area Arlington Heights
Zoning COMMR
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplaces Number 2
Laundry In Unit, Sink
Exterior
Utilities Available Electric to Site, Natural Gas Available, Cable Available
Building
Sewer Septic Tank
Water Well
Structure Type Frame
Schools
Elementary Schools J W Riley Elementary School
Middle Schools Jack London Middle School
High Schools Buffalo Grove High School
School District 21 , 21, 214
Others
Special Listing Condition List Broker Must Accompany
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