2-18 S Dunton Ave - Apartments CONDO FOR SALE


Arlington Heights, IL 60005- Downtown Arlington Heights
$2,680,000 USD
312-269-0220
2-18 S Dunton Ave, Arlington Heights, IL for Sale
$2,680,000 USD
Apartments CONDO - FOR SALE
1/5
null | 6.85% Cap Rate

2-18 S Dunton Ave
Arlington Heights, IL 60005
Downtown Arlington Heights


HIGHLIGHTS

  • Located in the center of Downtown Arlington Heights.
  • Walking distance to the Arlington Heights Metra Station.
  • Surrounded by restaurants, retailers, and entertainment venues.
  • Positioned within a mixed-use residential and retail environment.
  • Benefits from strong pedestrian activity throughout the day.
  • Accessible to Chicago and northwest suburban communities.

OVERVIEW

Located in the heart of Downtown Arlington Heights, 2-18 S Dunton Ave offers retail and restaurant users an opportunity to establish a presence within one of Chicago's most active suburban downtown districts. Situated beneath the MetroLofts mixed-use development, the property benefits from a built-in residential customer base and a highly walkable environment surrounded by dining, shopping, entertainment, and professional services. The location provides exceptional accessibility for customers and employees alike. Arlington Heights Metra Station is within walking distance, connecting the property to Chicago and the broader northwest suburban market. The surrounding downtown district continues to attract visitors throughout the day and evening, supported by a diverse mix of restaurants, retailers, residential developments, and community events that contribute to consistent pedestrian activity. The available retail and restaurant space is positioned to benefit from strong visibility within a well-established commercial corridor. Nearby residential density, office users, and destination-oriented businesses help create a dynamic customer base for food service, specialty retail, personal services, and experiential concepts. The property's downtown setting allows tenants to leverage the area's established reputation as a regional dining and entertainment destination while maintaining convenient access to major suburban population centers. This combination of walkability, transit access, surrounding residential density, and established retail synergy provides a compelling environment for businesses seeking a downtown Arlington Heights location.

FOR SALE DETAILS

PRICE

$2,680,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

6.85%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metro Lofts

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

60,693 SF

STORIES

7

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,710 SF

ZONING

R7

APN/PARCEL ID

03-29-347-034-1019

ASK ABOUT THIS PROPERTY

Chad FirselQuantum Real Estate Advisors, IncMore Info
312-269-0220

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Chad FirselQuantum Real Estate Advisors, IncMore Info
312-269-0220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.