$ 550,000
-
$550,000
Price -
3
Bed -
2
Bath -
1,762
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 26515 - 253554,262931
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 Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed.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.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Residential
MLS ®
12607410
Year Built
1955
Total Square Footage
1,762
Lot/Acreage
131x50x131x50
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 131x50x131x50
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Asphalt,Yes,Detached,Garage
Financial Details
- Tax Amount: $9,991
- Taxes w/Assessments: N/A
- Tax/Property ID: 03314080020000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
705 S. Chestnut Ave Arlington Heights, IL 60005
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
