Unlock the potential of this exceptional piece of land, perfectly located in the heart of vibrant downtown Arlington Heights! This prime vacant lot offers huge potential for a single family home development or investment opportunity. Location, Location, Location - Steps from upscale restaurants, cafes, boutique shops, and entertainment options. A short walk to the Arlington Heights Metra station, making commuting to Chicago a breeze. High Foot Traffic Area - Situated in a thriving, growing community with continuous investment and development. This is a rare opportunity to build your dream home in one of the most sought-after areas of the Northwest suburbs. Don't miss out on the chance to be part of the incredible city of Arlington Heights.
Closed
$427,500
108 S Highland Ave, Arlington Heights, IL 60005
--beds
--baths
7,000Square Feet
Unimproved Land
Built in ----
7,000 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,856 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,856/mo
Zestimate® history
Owner options
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$1,856/mo
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$1,856/mo
Rent Zestimate®
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$3,048/mo
Est. payment
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$3,048/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sarah Anderson 847-858-1223,
@properties Christie's International Real Estate
Bought with:
Maureen Brand, CRS
RE/MAX Suburban
Source: MRED as distributed by MLS GRID,MLS#: 12297458
Facts & features
Property
Features
- Frontage length: 50
Lot
- Size: 7,000 Square Feet
- Dimensions: 50X140
Details
- Parcel number: 03312060150000
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Location
- Region: Arlington Heights
Financial & listing details
- Tax assessed value: $84,000
- Annual tax amount: $2,215
- Date on market: 3/14/2025
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2025 | Sold | $427,500-2.8% |
Source:  MRED as distributed by MLS GRID #12297458 Report a problem | ||
| 3/19/2025 | Contingent | $440,000 |
Source: MRED as distributed by MLS GRID #12297458 Report a problem | ||
| 3/14/2025 | Listed for sale | $440,000+41% |
Source: MRED as distributed by MLS GRID #12297458 Report a problem | ||
| 6/18/2009 | Sold | $312,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $8,400 |
| 2023 | $2,300 +3.8% | $8,400 |
| 2022 | $2,215 +68.2% | $8,400 +92% |
| 2021 | $1,317 +2.7% | $4,375 |
| 2020 | $1,283 +11.7% | $4,375 |
| 2019 | $1,149 +2.2% | $4,375 +13.6% |
| 2018 | $1,124 +1.2% | $3,850 |
| 2017 | $1,110 +7.2% | $3,850 |
| 2016 | $1,035 +5.5% | $3,850 +15.8% |
| 2015 | $982 +3% | $3,325 |
| 2014 | $953 +2.6% | $3,325 |
| 2013 | $929 -85.8% | $3,325 -87.5% |
| 2010 | $6,539 +0.1% | $26,526 -8.4% |
| 2009 | $6,533 -3.1% | $28,946 -12% |
| 2008 | $6,745 +0.9% | $32,886 |
| 2007 | $6,687 +14.8% | $32,886 +23.2% |
| 2006 | $5,827 +1.1% | $26,683 |
| 2005 | $5,761 +5.8% | $26,683 |
| 2004 | $5,445 +39.4% | $26,683 +47.8% |
| 2003 | $3,907 +3.2% | $18,050 |
| 2002 | $3,785 +2.8% | $18,050 |
| 2001 | $3,683 -9.4% | $18,050 -0.9% |
| 2000 | $4,067 +14% | $18,219 |
| 1999 | $3,567 | $18,219 |
Find assessor info on the county website
Neighborhood: 60005
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Nearby schools
GreatSchools rating
- 8/10Westgate Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10South Middle SchoolGrades: 6-8Distance: 0.3 mi
- 8/10Rolling Meadows High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Westgate 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.
- Illinois
- Cook County
- Arlington Heights
- 60005
- 108 S Highland Ave
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