1505 E Central Road 111B, Arlington Heights, IL 60005

$185,000 Asking Price

1 bed
1 bath
975  sqft
Built in 1968

Unique opportunity to buy and immediately generate rental income. Existing tenant has a lease in place thru May, 2025 and may be interested in staying longer if desired. This lovely 1st floor unit boasts a good-sized floorplan with white kitchen and a pass thru to the living area. A separate dining space can accommodate a good-sized table or makes the perfect spot to set up your home office. Dana Point is known for its' gorgeous grounds-always well taken care of and include featured amenities such as a swimming pool, tennis courts, and exercise room. This unit includes an indoor garage space (not all units have this). Elevator building. Coin laundry on 3rd floor. It's a quick trip to everything both popular downtown Arlington Heights and Mount Prospect have to offer with abundant shops and restaurants, a choice of Metra rail stops, live theatre and other entertainment venues. Furnace and A/C replaced in 2024.

Features & Amenities

Interior

General:
First Floor Bedroom, First Floor Full Bath
Rooms:
No additional rooms
Appliances:
Range, Microwave, Dishwasher, Refrigerator
Dining:
Combined w/ LivRm
Basement:
None
A/C:
Central Air
Heating:
Electric, Forced Air
Disability Feature:
None

Exterior

General:
Brick, Patio
Parking:
Assigned, Parking spaces: 2

Location

HOA Amenities:
Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Pool, Security Door Lock(s), Tennis Court(s), Water, Parking, Insurance, Security, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, 349.0, Monthly
Originating MLS:
mred
School District:
57
County:
Cook

Lot

Zoning:
08102010241098

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
Baird & Warner, Shaunna Burhop

About Arlington Heights, IL

Housing

Number of Units
33,560
Median Home Value
$349,949
Median Rent
$1,288

28.15% of housing units are renter occupied.

5.11% are vacant.

Commute

Car
57.91%
Public Transportation
3.93%
Walk to Work
0.95%
Work from Home
36.63%
Other
0.42%

The median travel time to work is 20 minutes.

People

Population
80,870
Median Age
42.60
Median Household Size
2.63

Education

High School
16.60%
Associate’s Degree
6.71%
Bachelor’s Degree
34.22%
Graduate Degree
22.80%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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