**NOTE: Owner just won a BIG REDUCTION in taxes through an appeal! Financials available on request.** This well built and well maintained building has been owned by its original builder since the day it was built. It’s very well suited to an owner/user who values the range of options it provides to scale a business while also generating rental income. The building is located in a high traffic corridor on Rt 58/Golf Rd and is adjacent to major redevelopment projects currently underway in this section of Arlington Heights. The Bears aren’t the only ones who’ve made a big investment in Arlington Heights! The Gateway Project, which is immediately next door to this property is a comprehensive redevelopment plan for the I-90 access route into Arlington Heights. There are currently two major development projects underway or nearing completion within this area and a major development currently being planned (Urban Street) almost directly across the street from this property. This is a solid property to own today and will only grow in value as the many adjacent developments are completed. This building also includes c. 8,000 s.f. of basement space, all of which features excellent ceiling height and much of which is finished into meeting rooms, break rooms, a kitchen, etc.
Property Details
Price:
$995,000
MLS #:
MRD12567411
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
arlingtonheights
Listed Date:
Feb 13, 2026
Total Sq Ft:
17,780
Year Built:
1990
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Stories
1
Financial
Tax Year
2024
Taxes
$100,182
Map
Community
- Address505 E Golf Road 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
- 505 E Golf Road Arlington Heights IL is a Commercial for sale in Arlington Heights, IL, 60005. It is listed for $995,000
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Copyright 2026. All rights reserved.
505 E Golf Road
Arlington Heights, IL


