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  • $1,200,000

    514 N Chestnut Ave, Arlington Heights, IL 60004

    4beds
    3,300sqft
    Single Family Residence
    Built in 1879
    0.32 Acres Lot
    $1,378,400 Zestimate®
    $364/sqft
    $4,279 Estimated rent

    Home value

    $1,378,400

    $1.30M - $1.46M

    $4,279/mo

    Zestimate® history
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    What's special

    Welcome to 514 N Chestnut! Prepare to be awed by the sprawling outdoor oasis that surrounds all facets of the home. Every inch of the estate has been thoughtfully designed to offer beautiful spaces. Complete with multiple patios and decks, the meticulously landscaped grounds offer endless possibilities. Watch the Memorial Day Parade from the comfort of your covered front porch, or bask in the sunshine on the oversized front brick patio. Continue to the backyard to discover an expansive paved patio complete with a stone fireplace, hot tub and outdoor entertainment area. Fully mature and professional landscaping offers complete privacy and an unparalleled outside experience. Perfect for intimate evening cocktails or large neighborhood gatherings, you'll find endless options to unwind and recharge in your own private paradise. Continue inside to discover a massive home brimming with character and warmth. The expansive kitchen is a masterpiece of design, boasting a large central island and custom cabinetry adorned with quartz countertops. The spacious layout ensures that this will be the hub of the home, allowing family and guests alike plenty of room to experience all that luxury living has to offer. Oversized windows which overlook the back patio flood the space with natural light and provide beautiful outdoor scenes from every angle. Equipped with high-end stainless steel appliances, this chef's kitchen will be the envy of all and make meal-prep a breeze. Wide plank hardwood floors guide you from one inviting space to the next. The perfectly situated dining room is located adjacent to the kitchen and offers stunning views of the front patio and yard. When the temperature drops, warm up in the family room with its elegant fireplace, perfect for game night and lasting memories. The main level offers exceptional versatility with a flex room that can serve as a cozy breakfast nook, a tranquil coffee corner, or a functional walk-through office, adapting effortlessly to your lifestyle needs. Continue through to the large mudroom with its custom cubbies, perfect for storing outdoor essentials. Ascend the stairs to discover a massive master en-suite; this fabulous addition is a true sanctuary. Pamper yourself in the lavish soaking tub or rejuvenate in the expansive standalone shower. A double vanity and a spacious walk-in closet offer a touch of indulgence and practicality. Prepare to be awed with the perfectly situated and spacious workout room/office that thoughtfully connects to primary quarters. The three additional upstairs bedrooms offer everything you would desire in a historic home, each providing a perfect blend of space and charm. Ideally situated in the trifecta of schools (Olive, Thomas, Hersey) and steps from the Arlington Ridge Center (ARC), Memorial Library, METRA, and downtown Arlington Heights, this home is urban/suburban living at its finest!

    Zillow last checked:

    Listing updated:

    Listed by:

    Andy Walton 847-495-5000,

    HomeSmart Connect,

    Noel Walton 224-531-9900,

    HomeSmart Connect

    Bought with:

    George L Furla

    Dream Town Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12050004MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Breakfast Room, Office, Exercise Room, Mud Room, Game Room, Sitting Room, Storage
    Primary bedroom
    • Features: Bathroom (Full)
    • Level: Second
    • Area: 300 Square Feet
    • Dimensions: 20X15
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 192 Square Feet
    • Dimensions: 12X16
    Bedroom 3
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 156 Square Feet
    • Dimensions: 12X13
    Bedroom 4
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Breakfast room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 17X14
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15X15
    Exercise room
    • Level: Second
    • Area: 108 Square Feet
    • Dimensions: 9X12
    Family room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16X15
    Game room
    • Level: Basement
    • Area: 168 Square Feet
    • Dimensions: 12X14
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Island, Pantry-Closet), Flooring (Hardwood)
    • Level: Main
    • Area: 456 Square Feet
    • Dimensions: 19X24
    Laundry
    • Level: Second
    • Area: 80 Square Feet
    • Dimensions: 16X5
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 266 Square Feet
    • Dimensions: 19X14
    Mud room
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Office
    • Level: Second
    • Area: 108 Square Feet
    • Dimensions: 9X12
    Sitting room
    • Level: Basement
    • Area: 240 Square Feet
    • Dimensions: 15X16
    Storage
    • Level: Basement
    • Area: 361 Square Feet
    • Dimensions: 19X19
    Heating
    • Natural Gas, Forced Air, Radiant Floor
    Cooling
    • Central Air
    Appliances
    • Laundry: Upper Level
    Features
    • Built-in Features, Walk-In Closet(s), High Ceilings, Historic/Period Mlwk, Special Millwork, Pantry
    • Flooring: Hardwood
    • Basement: Partially Finished,Partial
    • Number of fireplaces: 1
    • Fireplace features: Gas Starter, Family Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 3,300 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 2
    • Patio & porch: Patio, Porch
    • Exterior features: Fire Pit, Lighting
    • Has spa: Yes
    • Spa features: Outdoor Hot Tub
    Lot
    • Size: 0.32 Acres
    • Dimensions: 104X132
    • Features: Landscaped, Mature Trees
    Details
    • Additional structures: Shed(s)
    • Parcel number: 03304040220000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1879
    • Major remodel year: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Curbs, Sidewalks, Street Paved
    HOA
    • Services included: None
    Location
    • Region: Arlington Heights

    Financial & listing details

    • Price per square foot: $364/sqft
    • Tax assessed value: $711,060
    • Annual tax amount: $17,015
    • Date on market: 5/9/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/21/2024Sold$1,200,000$364/sqft
    Source: MRED as distributed by MLS GRID #12050004 Report a problem
    5/14/2024Contingent$1,200,000$364/sqft
    Source: MRED as distributed by MLS GRID #12050004 Report a problem
    5/9/2024Listed for sale$1,200,000+500%$364/sqft
    Source: MRED as distributed by MLS GRID #12050004 Report a problem
    10/24/2003Sold$200,000-55.6%$61/sqft
    Source: Public Record Report a problem
    7/31/2003Sold$450,000$136/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $71,106 +4.6%
    2023$17,696 +4%$67,956
    2022$17,015 +18.4%$67,956 +33.1%
    2021$14,367 +2.2%$51,058
    2020$14,062 +0.5%$51,058 -10%
    2019$13,995 +7.6%$56,732 +18.2%
    2018$13,005 +1.1%$48,001
    2017$12,870 +5.2%$48,001
    2016$12,239 +11.3%$48,001 +20.4%
    2015$11,000 +2.9%$39,877
    2014$10,694 +2.7%$39,877
    2013$10,409 -7.8%$39,877 -13.3%
    2012$11,286 +3.7%$46,020
    2011$10,888 +10.5%$46,020
    2010$9,850 +26.2%$46,020 +26.6%
    2009$7,805 +2.9%$36,362 -7%
    2008$7,585 +3%$39,099 -2.8%
    2007$7,360 +5.6%$40,223 +19.2%
    2006$6,968 +1.1%$33,755
    2005$6,893 +0.1%$33,755
    2004$6,888 +39.2%$33,755 +36.7%
    2003$4,949 +3.2%$24,692
    2002$4,796 +2.2%$24,692
    2001$4,693 +1.7%$24,692 +9%
    2000$4,612 +1.4%$22,659
    1999$4,548 $22,659
    Find assessor info on the county website

    Neighborhood: 60004

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Olive-Mary Stitt School
    • Middle: Thomas Middle School
    • High: John Hersey 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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    Estimated market value
    $1,378,400
    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
    $1,378,400