2256 Nichols Road

Arlington Heights is a vibrant suburb located about 25 miles northwest of downtown Chicago, offering convenient access for commuters. The village features major highways like I-90 and Route 53, as well as the Metra Union Pacific Northwest Line, connecting directly to downtown. With its mix of suburban charm and urban amenities, Arlington Heights is home to a lively downtown and diverse dining options. The village is known for its excellent parks and schools. The Arlington Heights Park District manages several parks, including Recreation Park and Lake Arlington, offering sports facilities, trails, and playgrounds. Local schools, including Arlington Heights School District 25 and Township High School District 214, are highly regarded for academics and activities. Higher education options, like Harper College, further enhance the community's appeal.Essex Realty Group, LLC. is pleased to exclusively market for sale 2256 Nichols Road, Arlington Heights, IL. This six-unit (6) apartment building is part of the Country Glen Apartments community and features a unit mix of five (5) 2Bd/1Ba and one (1) 1Bd/1Ba apartments with spacious floor plans. The property benefits from association management that handles landscaping, snow removal, and scavenger services, making it a low-maintenance investment opportunity. Current rents at the property are below market, providing investors with an opportunity to increase rental income by nearly 10% in its as-is condition through market rent adjustments. Located near major transportation routes, retail centers, and suburban amenities, 2256 Nichols Road offers tenants convenience and accessibility. Arlington Heights' strong residential demand and vibrant community further enhance this property's appeal, making it an excellent value-add opportunity for investors.