For Sale
$379,900

2924 Malmo Dr Arlington Heights, IL 60005

5,000 SF Flex Space, Owner-User

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 5,000 square foot industrial property in Arlington Heights, IL, presents a unique owner-user opportunity. Located at 2924 Malmo Dr, 60005, this multi-tenant building offers a versatile blend of office and warehouse space, ideal for a variety of businesses. The property features 2,000 square feet of modern office space and a 3,000 square foot warehouse currently generating income (tenant vacating in five weeks). The warehouse boasts a 20-foot clear ceiling height and a 12x12 overhead door. Ample parking is available with 60 spaces, including two reserved spots. The property is zoned I-1 and benefits from unincorporated Cook County taxes and low association fees. Its convenient location provides easy access to I-90 and Route 53, making it an attractive option for businesses seeking a strategic location. Built in 1974, this meticulously maintained complex offers a solid investment opportunity for an owner-user seeking to establish or expand their operations in a prime Arlington Heights location. The asking price is $379,900, translating to $75.98 per square foot.

Highlights

  • $379,900 asking price for this 5,000 square foot industrial property.
  • Located at 2924 Malmo Dr, Arlington Heights, IL 60005.
  • Flex, manufacturing, and warehouse space ideal for owner-users.
  • Features 20-foot ceilings and 60 parking spaces.
  • Zoned I-1 with low Cook County taxes.
  • Currently multi-tenant, with one tenant vacating in five weeks.

Property Details for 2924 Malmo Dr

Property type
Warehouses, Industrial properties
Square Feet
5,000 SF
Year Built
1974

Location Insight

City
Arlington Heights
County
Cook
State
Illinois
Latitude
42.034531
Longitude
-87.946821

FAQs

What type of property is this?
Warehouse - 5,000 SF Flex Space, Owner-User
Where is the warehouse located?
The property is located at 2924 Malmo Dr Arlington Heights, IL.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: $379,900 asking price for this 5,000 square foot industrial property.; Located at 2924 Malmo Dr, Arlington Heights, IL 60005.; Flex, manufacturing, and warehouse space ideal for owner-users.
How can I contact the broker?
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2924 Malmo Dr
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