Active

705 S. Chestnut Avenue

Arlington Heights, IL 60005
$550,000
3beds
2baths
1,762sqft
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About this home

Unique opportunity with multiple potential pathways for end users or investors. This property is being offered as-is and requires a renovation but features well-maintained mechanical systems and a spacious layout with strong potential for expansion (subject to municipal approval). The seller is currently exploring plans with the Village of Arlington Heights, including the potential for a second-story addition. During this pre-permit phase, the property is being made available with the following potential options: Purchase as-is at list price or buyer has the opportunity to purchase after renovation at a projected price of $750,000. Please contact agent for current project plans. Potential for a buyer to pursue expansion (e.g., second-story addition), subject to plans, approvals, and construction costs. Preliminary concepts indicate the possibility of approximately 3,400 square feet above grade plus a full basement, if expanded. Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed. For reference, please see 1507 Ada, Naperville for a recent completed project by the seller.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential
Year built1955
Garage spaces2
Lot size
Annual tax$9,990.65
CountyCook
MLS #MRD12607410
Days on market10

Features

Heating
Natural Gas
Cooling
Central Air
Parking
AsphaltYesDetachedGarage
Construction
Brick
Sewer
Public Sewer
Listed by
Keller Williams Experience
Michael Thurman · 708-314-6611

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/11/2026, 8:02:09 AM. All data should be independently verified.

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