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    • $325,000

    1028 S Walnut Ave, Arlington Heights, IL 60005

    --beds
    --baths
    0.43Acres
    Unimproved Land
    Built in ----
    0.43 Acres Lot
    $347,400 Zestimate®
    $--/sqft
    $3,863 Estimated rent

    Home value

    $347,400

    $330,000 - $365,000

    $3,863/mo

    Zestimate® history
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    $3,863/mo

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    $2,296/mo

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    $2,296/mo

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    What's special

    Rare opportunity for investors, builders, and developers in a highly desirable Arlington Heights location on an oversized lot and a half! This prime parcel offers exceptional redevelopment potential in an established neighborhood with strong surrounding home values supporting new construction and investment opportunities. Ideal for a teardown. Conveniently located near the hospital, expressways, parks, shopping, dining, and highly regarded schools. Property is being sold strictly AS-IS. Seller will not make repairs or provide credits. Buyer to perform their own due diligence. Tremendous opportunity to invest in a sought-after Arlington Heights location with strong upside potential.

    Zillow last checked:

    Listing courtesy of:

    Miguel Ruiz 847-528-7090,

    Baird & Warner

    Bought with:

    Sabina Wunderlich

    Keller Williams Success Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12642111MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Sink
    Features
    • Basement: None

    Property

    Parking
    • Parking features: Asphalt
    Features
    • Frontage length: 142
    Lot
    • Size: 0.43 Acres
    • Dimensions: 133x142
    Details
    • Parcel number: 08092000130000
    • Zoning: SINGL
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Electric to Site, Natural Gas Available, Water Available

    Community & neighborhood

    Location
    • Region: Arlington Heights
    • Subdivision: Arlington Highlands

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/11/2026Sold$325,000+3.2%
    Source: MRED as distributed by MLS GRID #12642111 Report a problem
    5/20/2026Listing removed$315,000
    Source: MRED as distributed by MLS GRID #12642111 Report a problem
    5/19/2026Contingent$315,000
    Source: MRED as distributed by MLS GRID #12640258 Report a problem
    5/18/2026Listed for sale$315,000+12.5%
    Source: MRED as distributed by MLS GRID #12640258 Report a problem
    10/18/2000Sold$280,000+2053.8%
    Source: Public Record Report a problem
    11/30/1999Sold$13,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $37,982
    2023$8,781 +4.4%$37,982
    2022$8,407 +19.5%$37,982 +29.6%
    2021$7,032 -5.1%$29,310 -4.8%
    2020$7,409 -1%$30,799 -11%
    2019$7,482 +20.8%$34,606 +40.7%
    2018$6,192 +0.9%$24,597
    2017$6,137 +2.9%$24,597
    2016$5,964 -3.7%$24,597 +4.5%
    2015$6,193 +2.7%$23,544
    2014$6,030 +2.9%$23,544
    2013$5,859 -16.3%$23,544 -20%
    2012$6,999 +3%$29,443
    2011$6,793 +16.8%$29,443
    2010$5,815 -10.5%$29,443 -15.2%
    2009$6,498 +10.8%$34,707 -7%
    2008$5,864 +12.2%$37,320
    2007$5,228 +4.5%$37,320 +23.2%
    2006$5,001 +0.8%$30,299
    2005$4,961 +7.9%$30,299
    2004$4,598 +7.9%$30,299 +40.8%
    2003$4,262 +3.1%$21,515
    2002$4,134 +2.8%$21,515
    2001$4,020 -8.4%$21,515 +9.4%
    2000$4,390 +13.1%$19,668
    1999$3,882 $19,668

    Find assessor info on the county website

    Neighborhood: 60005

    Nearby homes

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dryden Elementary School
    • Middle: South Middle School
    • High: Rolling Meadows High School
    • District: 25

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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