705 S. Chestnut Avenue Arlington Heights, IL $ 550,000
705 S. Chestnut Avenue
$ 550,000
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705 S. Chestnut Avenue

Arlington Heights, IL, 60005
$ 550,000
Bedrooms4 Baths2.0 Sq 1,762

Monthly Estimate*

$ 3,386

705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 1
705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 2
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705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 4
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705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 8
705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 9
705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 10
705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 11
705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 12
705 S. Chestnut Avenue, Arlington Heights, IL 60005 - Image 13

Single Family Home for sale in Arlington Heights, IL

for $550,000 with 4 bedrooms and 2 full baths. This 1,762 square foot home was built in 1955.

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 Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed.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.

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Single Family Active

Price

$ 550,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 9,990

Style

Year Built

1955

Town/City

Arlington Heights

County/Region

Cook

MLS | Web ID

12607410

Features
General
Living Area 1762
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Garage Spaces 2
Association Fee Includes None
Construction Materials Brick
Year Built 1955
Township Wheeling
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 8
Full Baths 2
Status Active
Directions South Arlington Heights Rd to Rockwell to Chestnut.
City Arlington Heights
High School District 214
MLS Area Arlington Heights
Tax Annual Amount 9990.65
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 25
Elementary School District 25
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Interior
Basement Finished Full
Half Baths 0
Total Bedrooms 3
Room Type Foyer Office Other Room
Total Baths 2
Bedrooms Possible 4
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Exterior
Parking Features Asphalt Yes Detached Garage
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 131x50x131x50
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Experience

Broker

MikeThurmanREI@gmail.com

Email

Affordability Calculator

$4,219
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$833
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565004 Elementary School
567027 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$550,000 Listed Price

Map


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705 S. Chestnut Avenue, Arlington Heights, IL, 60005 is a Single Family Home for sale at $550,000 with 1,762 sqft. 705 S. Chestnut Avenue has 4 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 60005 which is in Arlington Heights, IL