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Closed
    • $265,000

    701 W Rand Rd APT 432, Arlington Heights, IL 60004

    1beds
    1,200sqft
    Condominium, Single Family Residence
    Built in 2005
    -- sqft lot
    $266,300 Zestimate®
    $221/sqft
    $2,112 Estimated rent

    Home value

    $266,300

    $242,000 - $293,000

    $2,112/mo

    Zestimate® history
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    What's special

    Views of the balconyExpansive islandNew quartz countertopsStainless steel appliances
    Welcome to maintenance-free living at its finest in the heart of Arlington Heights. This bright and inviting penthouse unit offers an effortless lifestyle with a layout designed for both comfort and easy entertaining. Step inside to find a sun-drenched living area that flows seamlessly toward a private and expansive balcony overlooking trees-the perfect spot for a morning coffee or an evening breeze. The kitchen is updated with white cabinets, stainless steel appliances and an expansive island, perfect for family dinners or entertaining. The primary bedroom is generously sized, including a spacious primary suite that serves as a peaceful retreat at the end of the day and views of the balcony. The den was converted to a second bedroom and can remain as such or be a flex space. Move right in and start making this space your own. The building provides excellent amenities, including a gym, party room, heated garage, and extra storage. Heat and water are included in the HOA. New washer and dryer installed, new quartz countertops, newly refinished cabinets with undermount lighting and bathtub resurfaced in the primary bathroom. Furnace is 3 years old and the building roof has just been replaced. The location is truly unbeatable. You're just moments away from a variety of local favorites, including grocery stores, popular dining spots, and plenty of shopping options. Commuting is a breeze with easy access to major expressways and the Metra nearby. This is a fantastic opportunity to enjoy everything Arlington Heights has to offer in a space that truly feels like home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cristina Panagopoulos 224-622-5885,

    Compass

    Bought with:

    Mario Bilotas, CSC

    Four Daughters Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12722584MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den, Walk In Closet, Balcony/Porch/Lanai
    Primary bedroom
    • Features: Flooring (Carpet), Window Treatments (All), Bathroom (Full)
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13X11
    Balcony porch lanai
    • Features: Flooring (Other)
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 25X4
    Den
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 12X9
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Custom Cabinetry, Granite Counters, SolidSurfaceCounter, Updated Kitchen), Flooring (Ceramic Tile)
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 11X15
    Laundry
    • Features: Flooring (Other)
    • Level: Main
    • Area: 24 Square Feet
    • Dimensions: 3X8
    Living room
    • Features: Flooring (Hardwood), Window Treatments (All)
    • Level: Main
    • Area: 304 Square Feet
    • Dimensions: 16X19
    Walk in closet
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 6X5
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
    • Laundry: Main Level, Washer Hookup, Gas Dryer Hookup, In Unit
    Features
    • 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), Granite Counters
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Asphalt, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Exterior features: Balcony
    Details
    • Parcel number: 03182030091105
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2005
    Details
    • Builder model: PENTHOUSE

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: Fountains Of Arlington
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator in Residence, Exercise Room, Storage, Party Room
    • Services included: Water, Gas, Parking, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $479 monthly
    Location
    • Region: Arlington Heights

    Financial & listing details

    • Price per square foot: $221/sqft
    • Tax assessed value: $180,770
    • Annual tax amount: $4,255
    • Date on market: 8/3/2026
    • Listing terms: Cash
    • Ownership: Condo

    Price history

    DateEventPrice
    8/28/2026Sold$265,000-1.9%$221/sqft
    Source: MRED as distributed by MLS GRID #12722584 Report a problem
    8/9/2026Contingent$269,999$225/sqft
    Source: MRED as distributed by MLS GRID #12722584 Report a problem
    8/3/2026Listed for sale$269,999-10%$225/sqft
    Source: MRED as distributed by MLS GRID #12722584 Report a problem
    8/3/2026Listing removed$299,999$250/sqft
    Source: MRED as distributed by MLS GRID #12714782 Report a problem
    7/24/2026Listed for sale$299,999+26.6%$250/sqft
    Source: MRED as distributed by MLS GRID #12714782 Report a problem
    3/7/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11330178 Report a problem
    2/23/2022Contingent$237,000$198/sqft
    Source: MRED as distributed by MLS GRID #11330178 Report a problem
    2/22/2022Listed for sale$237,000$198/sqft
    Source: MRED as distributed by MLS GRID #11330178 Report a problem
    2/22/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11310872 Report a problem
    2/21/2022Price change$237,000-8.3%$198/sqft
    Source: MRED as distributed by MLS GRID #11310872 Report a problem
    2/6/2022Price change$258,500-4.3%$215/sqft
    Source: MRED as distributed by MLS GRID #11310872 Report a problem
    1/25/2022Listed for sale$270,000+60.2%$225/sqft
    Source: MRED as distributed by MLS GRID #11310872 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/27/2018Listing removed$1,850$2/sqft
    Source: Owner Report a problem
    4/26/2018Listed for rent$1,850$2/sqft
    Source: Owner Report a problem
    9/19/2014Sold$168,500$140/sqft
    Source: MRED as distributed by MLS GRID #08578956 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,255 +5.3%$18,077 +0%
    2023$4,041 +4.6%$18,076
    2022$3,864 +9.1%$18,076 +19.8%
    2021$3,541 +0.7%$15,092
    2020$3,516 +0.5%$15,092 -9.9%
    2019$3,498 -12%$16,751 +23%
    2018$3,973 +1.2%$13,614
    2017$3,926 +7.2%$13,614
    2016$3,662 +24.6%$13,614 +36.8%
    2015$2,939 +3%$9,953
    2014$2,853 -1.4%$9,953 -3.9%
    2013$2,894 +18.4%$10,356 +9.9%
    2012$2,444 -7.3%$9,426 -11.5%
    2011$2,636 -23.4%$10,653 -23.7%
    2010$3,440 -4.8%$13,955 -12.9%
    2009$3,614 +2.3%$16,014 -7%
    2008$3,532 -5.4%$17,220 -6.2%
    2007$3,735 $18,367
    Find assessor info on the county website

    Neighborhood: 60004

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Greenbrier Elementary School
    • Middle: Thomas Middle School
    • High: Buffalo Grove 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
    $266,300
    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
    $266,300

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