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2268 Nichols Rd, Arlington Heights, IL 60004
About this home
Original Owner! Nothing to do! Turn Key Investment! All units occupied, new water heater, new carpeting in hallway, all apartments in excellent condition, long time tenants. Great opportunity to own building w/ great income. Close to transportation and shopping. Great schools. Please give 24 hour notice.
Redfin Estimate
Market trends in 60004, IL
Last updated August 2026
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Sale history for 2268 Nichols Rd
$100/sq ft
$98/sq ft
Tax history for 2268 Nichols Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R8
General Residence District
The R-8 General Residence District is intended to provide for high density residential developments. This district is intended to create a predominantly residential environment consisting of all types of residential structures, as well as schools, parks, churches and public facilities which serve the residents of the district. General commercial or industrial uses, except those enumerated, are prohibited. This district normally abuts major thoroughfares and expressways that provide direct access to the site and is typically located in or near high intensity areas of the County. Public or community utilities are required to service uses in this district.Include but are not limited to:
- Religious facility
- Day care facility
- Hospital / medical center
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Educational/school
- Golf related
- Sports arena / stadium
- Park & open space
Property details
Parking
- Parking Information
- # of Parking Spaces: 12
- 6-12 Outdoor Parking Spaces, Outdoor Parking Fee, Paved Outdoor Parking
Interior
- Additional Rooms Information
- Slab Basement
- Equipment
- # of Dishwashers: 6
- # of Garbage Disposals: 6
- # of Ranges: 6
- # of Washers: 1
- # of Dryers: 1
- Heating & Cooling
- Hot Water Heating
- Wall Sleeve Air Conditioning
- # of Window Air Conditioning Units: 13
- Multi-Family Information
- # of Units: 6
- Tenant Pays Electric
- Unit 1 Information
- # of Units of Type: 1
- # of Rooms: 4
- # of Beds: 1
- # of Baths: 1
- Monthly Income: $960
- Maximum Monthly Income: $960
- Unit 2 Information
- # of Units of Type: 2
- # of Rooms: 5
- # of Beds: 2
- # of Baths: 1
- Monthly Income: $1,145
- Maximum Monthly Income: $1,145
- Unit 3 Information
- # of Units of Type: 3
- # of Rooms: 5
- # of Beds: 2
- # of Baths: 1
- Monthly Income: $1,040
- Maximum Monthly Income: $1,040
- Unit 4 Information
- # of Units of Type: 4
- # of Rooms: 5
- # of Beds: 2
- # of Baths: 1
- Monthly Income: $995
- Maximum Monthly Income: $995
- Unit 5 Information
- # of Units of Type: 5
- # of Rooms: 5
- # of Beds: 2
- # of Baths: 1
- Monthly Income: $1,120
- Maximum Monthly Income: $1,120
- Unit 6 Information
- # of Units of Type: 6
- # of Rooms: 5
- # of Beds: 2
- # of Baths: 1
- Monthly Income: $1,030
- Maximum Monthly Income: $1,030
Exterior
- Building Information
- Age: 26-35 Years
- Brick Exterior
- Brick Construction, Concrete Construction
- Concrete Foundation
- Shingle Composition Roof
- Hip Roof
- Property Features
- Lighting/Exterior, Cable Ready
- Storage Inside, Laundry Room
- Balcony(s), Patio
- Lot Information
- Dimensions: 6200 SQ FT
- Zoning: MULTI
- Property Information
- Ownership Type: Other
- Current Use: Residential (Multi-Family)
- Parcel Identification Number: 02012000530000
Financial
- Financial Information
- Tax: $11,315
- Tax Year: 2015
- Total Monthly Income: $6,290
- Total Annual Income: $75,480
- Gross Rental Income: $76,920
- Gross Rent Multiplier: 8.19
- Net Operating Income: $52,970
- Net Operating Income Year: 2016
- Finance Code: Conventional
Utilities
- Utility Information
- Water (Municipal)
Location
- Homeowners Association Information
- Assessment Includes: Includes Exterior Maintenance, Includes Lawn Care, Includes Scavenger, Includes Snow Removal
- Location Information
- Township: PALATINE
- Directions: Lake Cook Rd E of 53 1 Mile W of Arlington Hts Rd to Country Glen
Public facts
- Beds: 12
- Baths: 7.0
- Sq. Ft.: 6,315
- Stories: 3.0
- Lot Size: 3,330 square feet
- Style: Multi-Family (5+ Unit)
- Year Built: 1979
- Year Renovated: —
- County: Cook County
- APN: 02012000530000
Other
- Expense Information
- Total Annual: $23,950
- Total Annual Year: 2016
- Electricity: $760
- Listing Information
- Possession: Closing
- Sale Terms: Conventional
- Seller Concessions: No
Around this home
Schools
Public PreK-5 • Assigned • 1.9mi
Public 6-8 • Assigned • 2.9mi
Public 9-12 • Assigned • 1.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 101° expected this year, 14 days in 30 years
0% chance of strong winds in next 30 years
3 unhealthy days expected this year, 4 days in 30 years
Sun exposure
In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.
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