BEDS4
BATHS2 full
SQUARE FEET1,762
MLS#12607410
STATUSNew
PROPERTY TYPEResidential - Single Family
SCHOOLDistrict 214
Property 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 Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed.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 Features
Property Type: Residential - Single Family
Basement: Finished, Full
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Natural Gas
Lot Size: 131x50x131x50
Roof Type: Asphalt
Taxes: $9,495
Year Built: 1955
Feature Descriptions
Additional rooms: Foyer, Office, Other Room
Association Includes: None
Exterior: Brick
Lot Dimensions: 131x50x131x50
Parcel#: 03314080020000
Parking: Asphalt, Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 8
Township: Wheeling
Water: Public
Room Sizes
Foyer: 7X5
Office: 10X6
Other Room: 29X28
Bedroom 2: 14X10
Bedroom 3: 12X10
Bedroom 4: 14X12
Dining Room: 13X11
Kitchen: 14X10
Laundry: 19X16
Living Room: 29X15
Primary Bedroom: 16X14
Local Schools
School District: District 214
Listed By / Shown By
Listed By
Agency Name: Keller Williams Experience
Agency Phone: 630-598-0755
Shown By
Agent Name: Brenda Baney-Tufly
Agent Phone: (815) 988-3476
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 3,449.94 per month $2,498.27 Principal & Interest $791.25 Property Tax $160.42 Homeowner's InsuranceChange Payment Information
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705 S. Chestnut Avenue | MLS# 12607410
This single family home located at 705 S. Chestnut Avenue , Arlington Heights, IL 60005 is currently listed for sale with an asking price of $550,000. This property was built in 1955 and has 4 bedrooms and 2 full baths with 1762 sq. ft. S. Chestnut Avenue is located within the District 214 school district. Search Arlington Heights real estate on bbaneytufly.gogambino.com today.