This could be a once in a lifetime opportunity to build instant equity in highly sought after Arlington Heights. A main level "office" can easily turn into a 4th bedroom by closing up the window in the wall to the living room. Built in the 80's the home has a long list of amenities that make it stand out including...(1) An open kitchen/dining/family room space ideal for everyday living and hosting family and friends. The space and neutral palette work great "as is" with an opportunity to reconfigure when you are ready to create your dream kitchen. (2) A 3rd full bathroom on the main level allows the opportunity for multi-generational living or hosting guests who may have difficulty with stairs. (3) A good-sized main level laundry/mud room for ultimate convenience and organization (4) The spacious living room features a large bay window and is the perfect spot to enjoy a good book and pretty neighborhood views throughout the seasons. We love the idea of making this room a fun zone by adding a table for family game night or set up as a 2nd family room with extra space to host holiday parties or events. (5) Large windows mean you'll enjoy lots of natural light throughout the home and (6) The primary bedroom features a walk in closet and good-sized private bath. The outdoor area features a deck and gazebo-perfect to relax, entertain, and hang your string lights, plus a spacious yard to enhance your outdoor fun. Adding some evergreens for privacy would be another simple idea to enhance value. Close to Hasbrook Park, a few blocks to highly rated Olive Elementary and Thomas Middle Schools, close to abundant shops, restaurants, & conveniences, & a short drive to very popular downtown Arlington Heights. A trifecta of award-winning schools - Olive Elementary, Thomas Middle School, and Hersey High School is icing on the cake and reinforces the upside potential of this home! Well maintained solid home being sold in "as is" condition.

Year	Property taxes	Tax assessment
2024	--	$54,000
2023	$13,149 +4.2%	$54,000
2022	$12,614 +58.5%	$54,000 +19.2%
2021	$7,960 +13.1%	$45,284
2020	$7,039 +1%	$45,284 -10%
2019	$6,967 -35.3%	$50,316 +16.8%
2018	$10,768 +0.9%	$43,083
2017	$10,673 -2.5%	$43,083 -4.2%
2016	$10,944 +18.6%	$44,971 +25.8%
2015	$9,225 +2.7%	$35,740
2014	$8,983 -4.3%	$35,740 -10.6%
2013	$9,382 -4.8%	$39,961 -11.4%
2012	$9,851 +3.7%	$45,112
2011	$9,497 +25.6%	$45,112
2010	$7,561 +19.7%	$45,112 -6.3%
2009	$6,318 -31.8%	$48,126 -10.7%
2008	$9,266 +7.7%	$53,907
2007	$8,602 +32.9%	$53,907 +50.2%
2006	$6,474 -2.9%	$35,880 -6.1%
2005	$6,670 +7.3%	$38,215
2004	$6,214 +7.8%	$38,215 +34.2%
2003	$5,766 +3.2%	$28,469
2002	$5,588 +9.3%	$28,469
2001	$5,114 +1.8%	$28,469 +16.2%
2000	$5,025 +0%	$24,509
1999	$5,025	$24,509

Homes for sale

Resources

Rental listings

Tools for renters

Resources

Selling options

Started a loan application?

Your mortgage

Mortgage tools

Looking for pros?

I'm a pro

Management tasks

Tools for rental managers

1241 N Chestnut Ave, Arlington Heights, IL 60004

What's special

Facts & features

Interior

Bedrooms & bathrooms

Rooms

Primary bedroom

Bedroom 2

Bedroom 3

Dining room

Family room

Kitchen

Laundry

Living room

Office

Recreation room

Heating

Cooling

Appliances

Features

Interior area

Property

Parking

Accessibility

Features

Lot

Details

Construction

Type & style

Materials

Condition

Utilities & green energy

Community & HOA

Community

HOA

Location

Financial & listing details

Estimated market value

Price history

Public tax history

Monthly payment

Payment breakdown

Climate risks

Neighborhood: 60004

Getting around

Nearby schools

GreatSchools rating

Schools provided by the listing agent

Similar homes

Nearby cities

Nearby neighborhoods

Nearby zip codes

Other Arlington Heights Topics