705 S. Chestnut Avenue, Arlington Heights, Illinois 60005
$550,000
|
For Sale
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| Status: | New |
| Sqft: | 1,762 |
| Cost/Sqft: | $312 |
| Beds: | 3 |
| Baths: | 2 |
| Year Built: | 1955 |
| Property Taxes: | $9,495 |
| Days On Market: | 3 |
| Lot Size: | 0,00 |
Description
Unique opportunity with multiple potential pathways for end users or investors. This property is being offered as-is and requires a renovation but features well-maintained mechanical systems and a spacious layout with strong potential for expansion (subject to municipal approval). The seller is currently exploring plans with the Village of Arlington Heights, including the potential for a second-story addition. During this pre-permit phase, the property is being made available with the following potential options: Purchase as-is at list price or buyer has the opportunity to purchase after renovation at a projected price of $750,000. Please contact agent for current project plans. Potential for a buyer to pursue expansion (e.g., second-story addition), subject to plans, approvals, and construction costs. Preliminary concepts indicate the possibility of approximately 3,400 square feet above grade plus a full basement, if expanded. Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed. For reference, please see 1507 Ada, Naperville for a recent completed project by the seller.
Property Specifics
| Single Family | |
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| 1955 | |
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| No | |
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| Cook | |
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| — / Not Applicable | |
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| — | |
| 12607410 | |
| 03314080020000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 2 Apr, 2026 | Listed for sale | $550,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 3
Bedrooms Below Ground: 1
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| — | |
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| 131x50x131x50 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $9,495 |
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