13 days on rocket

Backup Offers

514 N Chestnut Ave, Arlington Heights, IL, 60004

$1,200,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,300 SqFt
$364/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

514 N Chestnut Ave, Arlington Heights$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1879
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceGas Starter
MLS #12050004
Lot Size0.32 Acres
StatusAccepting Backup Offers
(Contingent)

About 514 N Chestnut Ave

Welcome to 514 N Chestnut! Prepare to be awed by the sprawling outdoor oasis that surrounds all facets of the home. Every inch of the estate has been thoughtfully designed to offer beautiful spaces. Complete with multiple patios and decks, the meticulously landscaped grounds offer endless possibilities. Watch the Memorial Day Parade from the comfort of your covered front porch, or bask in the sunshine on the oversized front brick patio. Continue to the backyard to discover an expansive paved patio complete with a stone fireplace, hot tub and outdoor entertainment area. Fully mature and professional landscaping offers complete privacy and an unparalleled outside experience. Perfect for intimate evening cocktails or large neighborhood gatherings, you'll find endless options to unwind and recharge in your own private paradise. Continue inside to discover a massive home brimming with character and warmth. The expansive kitchen is a masterpiece of design, boasting a large central island and custom cabinetry adorned with quartz countertops. The spacious layout ensures that this will be the hub of the home, allowing family and guests alike plenty of room to experience all that luxury living has to offer. Oversized windows which overlook the back patio flood the space with natural light and provide beautiful outdoor scenes from every angle. Equipped with high-end stainless steel appliances, this chef's kitchen will be the envy of all and make meal-prep a breeze. Wide plank hardwood floors guide you from one inviting space to the next. The perfectly situated dining room is located adjacent to the kitchen and offers stunning views of the front patio and yard. When the temperature drops, warm up in the family room with its elegant fireplace, perfect for game night and lasting memories. The main level offers exceptional versatility with a flex room that can serve as a cozy breakfast nook, a tranquil coffee corner, or a functional walk-through office, adapting effortlessly to your lifestyle needs. Continue through to the large mudroom with its custom cubbies, perfect for storing outdoor essentials. Ascend the stairs to discover a massive master en-suite; this fabulous addition is a true sanctuary. Pamper yourself in the lavish soaking tub or rejuvenate in the expansive standalone shower. A double vanity and a spacious walk-in closet offer a touch of indulgence and practicality. Prepare to be awed with the perfectly situated and spacious workout room/office that thoughtfully connects to primary quarters. The three additional upstairs bedrooms offer everything you would desire in a historic home, each providing a perfect blend of space and charm. Ideally situated in the trifecta of schools (Olive, Thomas, Hersey) and steps from the Arlington Ridge Center (ARC), Memorial Library, METRA, and downtown Arlington Heights, this home is urban/suburban living at its finest!

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1879
  • Living Area: 3,300 SqFt

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Andy Walton

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Hardwood Floors, Heated Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Ceilings - 9 Foot, Historic/Period Mlwk, Special Millwork, Pantry
  • Fireplace: Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Hot Tub, Brick Paver Patio, Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped, Trees, Outdoor Lighting
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • John Hersey High School, Public District Grades 9-12
  • Thomas Middle School, Public District Grades 6-8
  • Olive-Mary Stitt School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Euclid to Chestnut (north) to house.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $364/SqFt

Tax Information:

  • Annual Amount: $13,995
  • Tax Year: 2019
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Arlington Heights, IL.

Map thumbnail provided by MapBox

Arlington Heights, IL

City

Med. Sold Price

$416.4K

Med. Price/SqFt

$234

Avg. Days On Market

17

# of Sold Homes

84

514 N Chestnut Ave vs Arlington Heights

13 DAYS ON ROCKET

-4 Days

$1,200,000

+$783.5K More

$364/SqFt

+$130 More

KEY TAKEAWAY

This property is $783.5K more than the Median Sold Price and $130/SqFt more than other homes in Arlington Heights, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12050004

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Andy Walton

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 11:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$13,995$56,732
2018$13,005$48,001
2017$12,869$48,001

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-424141
7
/10

  • Olive-Mary Stitt School

  • 303 E Olive St

  • 0.84 miles

  • Public District Grades KG-5

Middle School

school-card-donut-424142
7
/10

  • Thomas Middle School

  • 1430 N Belmont Ave

  • 1.06 miles

  • Public District Grades 6-8

High School

school-card-donut-424143
10
/10

  • John Hersey High School

  • 1900 E Thomas St

  • 1.80 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,449. Residents of Arlington Heights, IL typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 N Chestnut Ave

What is the listing price of this property?

The listing price of 514 N Chestnut Ave property is $1,200,000.

What type of property is this?

The property 514 N Chestnut Ave is a house located in Arlington Heights, Illinois, 60004.

Is this property for sale now?

Accepting Backup Offers: 514 N Chestnut Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 514 N Chestnut Ave are:
Olive-Mary Stitt School: GreatSchools Rating 7/10
Thomas Middle School: GreatSchools Rating 7/10
John Hersey High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $13,995 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 514 N Chestnut Ave has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 514 N Chestnut Ave is 3,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 N Chestnut Ave is 1879.

Rocket Homes›Illinois›Cook County›Arlington Heights›60004›514 N Chestnut Ave

This home is located at 514 N Chestnut Ave in Arlington Heights, IL and zip code 60004 in the Atkins neighborhood. This 3,300 square foot home, which was built in 1879, sits on a 0.32 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $1,200,000.

Over 37 listings were sold over their listed price in April 2024 in Arlington Heights, IL. In the same period over 30 listings were sold below the listed price and 17 listings were sold for the listed price. The inventory of homes for sale in Arlington Heights, IL between March 2024 and April 2024 increased by 14.5%. Listings spent 17 days on the market in April 2024, and had a median list price of $416,416 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources