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704 E Kensington Rd
Arlington Heights, IL 60004 Des Plaines/Arlington Hts Corridor

$2,200 - $4,800 USD/MO

Freestanding For Lease  •  1,100+ SF

Property Details

  • Property Type Freestanding
  • Year Built 1955
  • Total Building Size 4,600 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning B-2
50 Transit Score
50 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 704 Retail 2,400 SF $24.00 USD/SF/YR
Base Rent: $20.00 – $24.00 / SQFT (NNN)
Condition: Delivered as a clean, raw cinder-block structural shell waiting for your custom finishes—featuring a massive, budget-saving infrastructure package already completed by the landlord.
Landlord Value-Adds Included: Brand-new dedicated roof-mounted HVAC system, fully finished code-compliant utility room (equipped with water heater, water meter, commercial mop sink, and backflow preventer assembly), and a fully finished, handicap-accessible modern customer restroom.
The NNN Edge: This unit features an incredibly unique, disproportionately low Cook County tax parcel valuation. Get twice the square footage of surrounding units without facing an aggressive tax penalty. Generous rent abatement incentives are available during the tenant's drywall and wall-framing phases.
Ideal Uses: Fitness studio, boutique physical therapy clinic, specialty corner grocer, or open-concept creative office.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 706 Retail 1,100 SF $24.00 USD/SF/YR
Base Rent: $21.00 – $24.00 / SQFT (NNN)
Condition: Extensive interior build-out is currently underway. Space will be delivered featuring pristine new walls, updated code-compliant electrical and plumbing, high-end recessed track lighting, and a completed handicap-accessible restroom.
The Set-Up: Specifically engineered to accommodate a high-volume, community family hair salon. Pre-plumbed and structurally configured for 7 styling stations and 2 dedicated wash chairs with all brand-new in-ground waste plumbing lines ready for immediate fixture hook-up.
Ideal Uses: Family hair salon, specialized beauty/nail boutique, medical specialty clinic, or turnkey professional office space.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 708 Retail 1,100 SF $24.00 USD/SF/YR
Base Rent: $22.00 – $25.00 / SQFT (NNN)
Condition: High-end interior renovations are actively underway. Unit will feature brand-new code-compliant mechanicals, finished plumbing, new walls, and updated lighting. Soon ready for tenant flooring & paint specs. a

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

704 E Kensington Rd is a commercial property situated in Arlington Heights, Cook County, Illinois. Located in the Schaumburg submarket, the parcel spans about 0.11 acres and offers a total building area of approximately 4,400 square feet. The site has zoning listed as commercial and benefits from nearby transportation infrastructure, including easy access to major thoroughfares and proximity to Arlington Heights and Arlington Park Metra commuter rail stations. O’Hare International Airport is approximately 11.4 miles away.

Highlights

Flexible 2,400 SF and 1,200 SF spec spaces ready for immediate occupancy
High-visibility location in Arlington Heights’ established commercial corridor
Just minutes from major roadways including IL Route 53 and I-90 interchange

Major Tenants

Tenant SF Occupied Lease End Date
Brex-Arlington Incorporated
H K Cleaners
Liquor Mart

Public Transportation

Commuter RailDriveWalkDistance
Arlington Heights (Union Pacific Northwest - Metra) 1 min 11 min 0.6 mi
Arlington Park (Union Pacific Northwest - Metra) 5 min - 2.3 mi
AirportDriveWalkDistance
Chicago O'Hare International 19 min - 11.4 mi
Chicago Midway International 48 min - 29.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Erich Midlik 163-023-5282 Erich Midlik
Erich Midlik 163-023-5282 Erich Midlik