This well-maintained industrial condominium in Arlington Heights offers a functional and efficient layout ideal for owner-users seeking high-quality space in a desirable infill location. The unit totals 5,500 SF and features a balanced mix of warehouse and office space, including mezzanine-level private offices and two restrooms. Constructed in 1974 with a combination of masonry and metal, the unit provides 17′ clear height and is equipped with one 12’x12′ drive-in door, supporting a variety of light industrial and service-oriented uses. The space is fully heated and air conditioned and features polished concrete flooring throughout along with high-efficiency LED lighting, providing a clean, modern, and energy-efficient working environment. Power is supplied by 200-amp, 208-volt, three-phase service. Additional improvements include a new TPO roof and two reserved parking spaces designated for the unit. The property is zoned I-1, allowing for a range of light industrial uses. This property presents a strong opportunity for businesses seeking ownership in a well-located industrial corridor with convenient access to surrounding markets.
Property Details
Price:
$599,000
MLS #:
MRD12611086
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Condominium
Neighborhood:
arlingtonheights
Listed Date:
Apr 6, 2026
Total Sq Ft:
5,500
Year Built:
1974
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Carpet, Concrete
Exterior
Stories
1
Financial
Tax Year
2024
Taxes
$20,316
Map
Community
- Address2924 Malmo Drive Arlington Heights IL
- CityArlington Heights
- CountyCook
- Zip Code60005
Market Summary
Current real estate data for Commercial in Arlington Heights as of May 16, 2026
6
Commercial Listed
296
Avg DOM
$791,333
Avg List Price
Property Summary
- 2924 Malmo Drive Arlington Heights IL is a Commercial for sale in Arlington Heights, IL, 60005. It is listed for $599,000
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Copyright 2026. All rights reserved.
2924 Malmo Drive
Arlington Heights, IL


