705 S. Chestnut AVE, Arlington Heights, IL 60005
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705 S. Chestnut AVE, Arlington Heights, IL 60005
705 S. Chestnut AVE, Arlington Heights, IL 60005
705 S. Chestnut AVE, Arlington Heights, IL 60005
705 S. Chestnut AVE, Arlington Heights, IL 60005
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Thomas Pilafas

Thomas Pilafas

+1(708) 805-2250
$ 550,000
Est. payment /mo
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Active

705 S. Chestnut AVE Arlington Heights, IL 60005

4 Beds

2 Baths

1,762 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,762 sqft

Price per Sqft $312

MLS Listing ID 12607410

Bedrooms 4

Full Baths 2

Year Built 1955

Annual Tax Amount $9,990

Tax Year 2024

Lot Dimensions 131x50x131x50

Property Sub-Type Detached Single

Property Description

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 Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed.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

Location

State IL

County Cook

Area Arlington Heights

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Cooling Central Air

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Detached Single

Building Description Brick, No

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Structure Type Brick

New Construction false

Schools

School District 25 , 25, 214

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Thurman of  Keller Williams Experience 
Thomas Pilafas

Thomas Pilafas

Agent

+1(708) 805-2250

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705 S. Chestnut AVE