705 S. Chestnut Avenue, Arlington Heights, IL 60005
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705 S. Chestnut Avenue,Arlington Heights, IL 60005
$550,000
- 4 Beds
- 2 Baths
- 1,762 sq. ft.
- Single family
- Active
Listed by: michael thurman, donnie fields
Office: keller williams experience
MLS#:12607410
Source:MLSNI
Price summary
- Price:$550,000
- Price per sq. ft.:$312.15
About this home
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 Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed.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....
Contact an agent
Home facts
- Year built:1955
- Listing ID #:12607410
- Added:1 day(s) ago
- Updated:April 03, 2026 at 09:51 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Basement:Yes
- Basement Description:Finished, Full
- Living area:1,762 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1955
- Building area:1,762 sq. ft.
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$312.15
- Tax amount:$9,495 (2023)
Parking
- Total parking spaces:2
- Parking description:Asphalt, Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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