Buyer got cold feet- their loss is your gain- come and grab this home before it's gone. This tri-level home is a true diamond in the rough, ready for your vision and personal touch to make it shine again. With its solid layout and sought-after location, this is the perfect opportunity to create the home you've always imagined. Bring your ideas and make an offer today before it's gone. Home will not qualify for FHA financing. Being sold as is, estate sale.
Closed
$400,000
506 E Valley Ln, Arlington Heights, IL 60004
3beds
1,287sqft
Single Family Residence
Built in 1967
-- sqft lot
$607,500 Zestimate®
$311/sqft
$3,539 Estimated rent
Home value
$607,500
$541,000 - $686,000
$3,539/mo
Zestimate® history
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$2,821/mo
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List your homeWhat's special
Solid layout
Zillow last checked:
Listing updated:
Listed by:
Erin Weber, ABR,CRS,GRI,SFR 815-482-9776,
RE/MAX Plaza
Bought with:
Philip Kaluza
Core Realty & Investments, Inc
Source: MRED as distributed by MLS GRID,MLS#: 12433396
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Den, Foyer
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Second
- Area: 168 Square Feet
- Dimensions: 12X14
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Second
- Area: 130 Square Feet
- Dimensions: 13X10
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11X10
Den
- Level: Lower
- Area: 90 Square Feet
- Dimensions: 9X10
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Family room
- Level: Lower
- Area: 322 Square Feet
- Dimensions: 14X23
Foyer
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 28 Square Feet
- Dimensions: 4X7
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10X13
Laundry
- Level: Lower
- Area: 72 Square Feet
- Dimensions: 9X8
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12X18
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Double Oven, Washer, Dryer, Cooktop
Features
- Flooring: Hardwood
- Basement: Finished,Crawl Space,Exterior Entry,Rec/Family Area,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,287 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Site, Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Levels: Tri-Level
Lot
- Dimensions: 97x88x96x115
- Features: Corner Lot
Details
- Parcel number: 03173050240000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Knob Hill
HOA
- Services included: None
Location
- Region: Arlington Heights
Financial & listing details
- Price per square foot: $311/sqft
- Tax assessed value: $340,000
- Annual tax amount: $8,400
- Date on market: 7/30/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2025 | Sold | $400,000$311/sqft |
Source:  MRED as distributed by MLS GRID #12433396 Report a problem | ||
| 8/15/2025 | Contingent | $400,000$311/sqft |
Source: MRED as distributed by MLS GRID #12433396 Report a problem | ||
| 8/8/2025 | Listed for sale | $400,000$311/sqft |
Source: MRED as distributed by MLS GRID #12433396 Report a problem | ||
| 8/2/2025 | Contingent | $400,000$311/sqft |
Source: MRED as distributed by MLS GRID #12433396 Report a problem | ||
| 7/30/2025 | Listed for sale | $400,000$311/sqft |
Source: MRED as distributed by MLS GRID #12433396 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $34,000 +0% |
| 2023 | $8,400 +4.2% | $33,999 |
| 2022 | $8,062 -7% | $33,999 +5.8% |
| 2021 | $8,668 +1.8% | $32,124 |
| 2020 | $8,510 +0.1% | $32,124 -10.3% |
| 2019 | $8,503 +6.8% | $35,813 +16.6% |
| 2018 | $7,963 +1% | $30,723 |
| 2017 | $7,887 +3.9% | $30,723 |
| 2016 | $7,592 +6.5% | $30,723 +14.8% |
| 2015 | $7,128 +2.8% | $26,765 |
| 2014 | $6,936 +2.8% | $26,765 |
| 2013 | $6,744 -12.4% | $26,765 -16.8% |
| 2012 | $7,697 +3.1% | $32,180 |
| 2011 | $7,463 +14.5% | $32,180 |
| 2010 | $6,516 -21.4% | $32,180 -12.4% |
| 2009 | $8,291 +37.4% | $36,734 -7% |
| 2008 | $6,036 +11.3% | $39,498 |
| 2007 | $5,422 +138% | $39,498 +24.8% |
| 2006 | $2,278 +0.3% | $31,659 |
| 2005 | $2,272 -0.3% | $31,659 |
| 2004 | $2,278 -13% | $31,659 +32.4% |
| 2003 | $2,618 +3.6% | $23,912 |
| 2002 | $2,527 -17% | $23,912 |
| 2001 | $3,043 +3.1% | $23,912 +15% |
| 2000 | $2,951 | $20,790 |
| 1999 | $2,951 | $20,790 |
Find assessor info on the county website
Neighborhood: 60004
Nearby homes
- $558,2003 bd3 ba1.6k sqft509 E Knob Hill Dr, Arlington Heights, IL 60004Off Market
- $608,9004 bd2 ba2k sqft502 E Valley Ln, Arlington Heights, IL 60004Off Market
- $574,5003 bd2 ba1.7k sqft524 E Circle Hill Dr, Arlington Heights, IL 60004Off Market
- $41,6213 bd2 ba1.5k sqft522 E Circle Hill Dr, Arlington Heights, IL 60004Off Market
- $575,0004 bd3 ba1.3k sqft510 E Valley Ln, Arlington Heights, IL 60004Sold
- $560,7004 bd2 ba2k sqft505 E Knob Hill Dr, Arlington Heights, IL 60004Off Market
- $620,0004 bd2 ba1.7k sqft522 E Circle Hill Dr, Arlington Heights, IL 60004Off Market
- $543,4003 bd2 ba1.3k sqft418 E Valley Ln, Arlington Heights, IL 60004Off Market
Nearby schools
GreatSchools rating
- 10/10Ivy Hill Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 8/10Thomas Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Buffalo Grove High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- 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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Estimated market value
$607,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$607,500
- Illinois
- Cook County
- Arlington Heights
- 60004
- 506 E Valley Ln
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