2814 Hintz RdWheeling, IL 60004

Property Details for 2814 Hintz Rd

Lot size

5.05 AC

Property type

Land

Property subtype

Apartment buildings

Description

This exceptional 5.05-acre land parcel presents a remarkable multifamily development opportunity in Arlington Heights, Illinois. Located at 2814 E Hintz Rd, this property is zoned R-1 and offers significant potential. The site is conveniently situated minutes from Wheeling High School, Junior High, and Elementary schools, ensuring strong appeal to families. Its proximity to the Wheeling Town Center, a vibrant mixed-use development boasting 100,000 square feet of retail, restaurants, entertainment, and 301 residential units, further enhances its desirability. The high-income demographic of the surrounding area promises strong rental demand. This location also benefits from its proximity to the NC Metra Line (2 miles), Randhurst Village (3.8 miles), and is less than an hour's drive from Chicago's city center and O'Hare International Airport. The property's APN numbers are 03-09-401-035-0000, 03-09-401-037-0000, 03-09-401-040-0000, 03-09-401-046-0000, and 03-09-401-047-0000. Furthermore, there's the potential to assemble up to 12 acres, creating an even larger-scale development opportunity. The asking price for this exceptional property is $2,500,000. This presents a compelling investment in a thriving, well-established community within Cook County. The city of Wheeling offers a diverse and dynamic community of 40,000 residents, blending industry, commercial development, and residential neighborhoods. Nestled in the prestigious North Shore district, residents enjoy unparalleled amenities and stunning views.

Location Insight

City

Wheeling

County

Cook

State

Illinois

Latitude

42.1244

Longitude

-87.9489

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