Arlington Heights, Illinois, offers a diverse range of industrial properties for sale, making it an attractive investment opportunity for businesses and investors. With its strategic location about 25 miles northwest of downtown Chicago, Arlington Heights provides easy access to major transportation hubs, including Metra's Union Pacific Northwest Line and Interstate 90. Industrial properties in Arlington Heights can represent a variety of investments, from manufacturing and logistics facilities to warehouse and distribution centers. The village's business-friendly environment, excellent infrastructure, and highly educated workforce make it an ideal location for businesses to thrive. Additionally, Arlington Heights is home to a number of notable companies, including Northwest Community Hospital and the Arlington Park Racetrack, which contribute to the local economy. The village's downtown area has also seen significant development in recent years, with new restaurants and businesses opening up, making it a great place to live and work.
There are currently 13 industrial properties for sale in Arlington Heights, offering a range of options for investors. The average price per square foot for industrial properties in Arlington Heights is $131 USD, with an average size of 33,370 square feet. The largest industrial property available is 117,856 square feet. In addition to industrial properties, Arlington Heights also offers a range of other property types, including warehouses, land, apartment buildings, and commercial real estate. Warehouses in Arlington Heights offer a range of storage and logistics options, while land is available for development and construction. Apartment buildings provide a range of residential options, and commercial real estate includes office buildings, retail spaces, and restaurants. Overall, Arlington Heights offers a diverse range of properties for sale, making it a great place to invest in real estate.
What is the average price per square foot for industrial properties in Arlington Heights?
The average price per square foot for industrial properties in Arlington Heights is $131 USD per square foot, with an average size of 33,370 square feet and a largest size of 117,856 square feet, among the 13 available listings.
How do location and transportation access affect industrial property values?
When it comes to industrial properties for sale in Arlington Heights, location and transportation access play a significant role in determining their value, with proximity to major transportation facilities, roads, and highways being a key factor in driving up property values.
- The village's two train stations on Metra's Union Pacific Northwest Line, as well as its easy access to Interstate 90 and Illinois Route 53, provide industrial property owners with convenient connections to O'Hare International Airport, Chicago, and other nearby suburbs, increasing the appeal and value of these properties.
- Major roads in the area, such as Arlington Heights Road, Northwest Highway, Rand Road, and Golf Road, also contribute to the desirability and value of industrial properties, as they provide easy access to a large workforce and customer base.
Currently, there are 13 industrial properties for sale in Arlington Heights, with an average price per square foot of $131 USD, an average size of 33,370 square feet, and a largest size of 117,856 square feet, offering a range of options for investors and businesses looking to capitalize on the village's prime location and transportation infrastructure.
