$550,000

beds

baths

1,762

square ft

705 S. Chestnut Avenue

Arlington Heights, Illinois 60005

New / MLS #12607410 / Single Family / Arlington Heights

Listing information updated 4/3/2026 at 4:23pm

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 Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed.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.

Full Features

Exterior Type:

Brick

Basement:

Finished,Full

Beds Above Grade:

Beds Below Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Main Level Primary Bedroom:

Yes

Pool:

Age:

71-80 Years

Roof Type:

Asphalt

Parking Type:

Garage - Asphalt,Yes,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,762

Lot Size:

Less Than .25 Acre

Room Information

Living Room:

29x15 - Main

Dining Room:

13x11 - Main

Kitchen:

14x10 - Main

Family Room:

N/A

Primary Bedroom:

16x14 - Main Level

2nd Bedroom:

14x10 - Main

3rd Bedroom:

12x10 - Main

4th Bedroom:

14x12 - Basement

Foyer:

7x5 - Main Level

Office:

10x6 - Main Level

Other Room:

29x28 - Basement Level

Laundry:

19x16 - Basement Level

Taxes & Assessments

Tax Amount:

$9,495

Tax Year:

2023

Location

Zip Code:

60005

City:

Arlington Heights

County:

Cook

Schools

School District(s):

25, 214

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Brick

Basement:

Finished,Full

Beds Above Grade:

Beds Below Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Main Level Primary Bedroom:

Yes

Pool:

Age:

71-80 Years

Roof Type:

Asphalt

Parking Type:

Garage - Asphalt,Yes,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,762

Lot Size:

Less Than .25 Acre

Living Room:

29x15 - Main

Dining Room:

13x11 - Main

Kitchen:

14x10 - Main

Family Room:

N/A

Primary Bedroom:

16x14 - Main Level

2nd Bedroom:

14x10 - Main

3rd Bedroom:

12x10 - Main

4th Bedroom:

14x12 - Basement

Foyer:

7x5 - Main Level

Office:

10x6 - Main Level

Other Room:

29x28 - Basement Level

Laundry:

19x16 - Basement Level

Tax Amount:

$9,495

Tax Year:

2023

Zip Code:

60005

City:

Arlington Heights

County:

Cook

School District(s):

25, 214

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Keller Williams Experience

Listing Office Phone: 630.598.0755

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/3/2026 at 4:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.