LKV Realty
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$525,000
$2,900Reward *
1241 N Chestnut Avenue, Arlington Heights, IL 60004Listing ID 12685987

1241 N Chestnut Avenue, Arlington Heights, IL 60004

Contingent
Northwest Highlands
Last updated: Jul 28, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,269
Acres
Acres
0.18
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1984
Garages
Garages
2
Parking
Parking
Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage

This could be a once in a lifetime opportunity to build instant equity in highly sought after Arlington Heights. A main level "office" can easily turn into a 4th bedroom by closing up the window in the wall to the living room. Built in the 80's the home has a long list of amenities that make it stand out including...(1) An open kitchen/dining/family room space ideal for everyday living and hosting family and friends. The space and neutral palette work great "as is" with an opportunity to reconfigure when you are ready to create your dream kitchen. (2) A 3rd full bathroom on the main level allows the opportunity for multi-generational living or hosting guests who may have difficulty with stairs. (3) A good-sized main level laundry/mud room for ultimate convenience and organization (4) The spacious living room features a large bay window and is the perfect spot to enjoy a good book and pretty neighborhood views throughout the seasons. We love the idea of making this room a fun zone by adding a table for family game night or set up as a 2nd family room with extra space to host holiday parties or events. (5) Large windows mean you'll enjoy lots of natural light throughout the home and (6) The primary bedroom features a walk in closet and good-sized private bath. The outdoor area features a deck and gazebo-perfect to relax, entertain, and hang your string lights, plus a spacious yard to enhance your outdoor fun. Adding some evergreens for privacy would be another simple idea to enhance value. Close to Hasbrook Park, a few blocks to highly rated Olive Elementary and Thomas Middle Schools, close to abundant shops, restaurants, & conveniences, & a short drive to very popular downtown Arlington Heights. A trifecta of award-winning schools - Olive Elementary, Thomas Middle School, and Hersey High School is icing on the cake and reinforces the upside potential of this home! Well maintained solid home being sold in "as is" condition.

Property Information

Property Details

Location

Address
1241 N Chestnut Avenue
County
Cook
City
Arlington Heights
Zip Code
60004
Subdivision
Northwest Highlands
School District
214
High School
John Hersey High School
Elementary School
Olive-Mary Stitt School
MLS Area
Arlington Heights

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
3

Building

Building Information

Square Feet
2,269
Year Built
1984
Construction
Brick, Cedar
Roof
Asphalt

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$7,530
Tax Year
2024

Homeowner Association

HOA Fee Frequency
Not Applicable
Baird & Warner, (847) 392-1855

Market Report for 60004

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 10:54 AM UTC. 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 IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD84744 • MRD241189