Corcoran Urban Real Estate
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3 Properties Within 0.5 miles of: 2000 N Chestnut, Arlington Heights

2000 N Chestnut
Arlington Heights, IL 60004

Price

$619,000

Est Payment
$4,064 / month (details)  
Taxes
$8,554  
Type
Vacant Land  
Sq. Ft.
n/a  
Lot Size
124'X289'  
Neighborhood
Arlington Heights  
MLS
#10629524
Status
Cancelled

Property Description

READY TO DIG! This property is shovel ready for any developer to jump right into construction. This offering includes plans, engineering and impact fee contributions. A unique opportunity to build three truly unique homes on contiguous 96' wide sites that allow for 3 car garage floor plans. It is walking distance to Frontier Park and just minutes from Rand Road and an abundance of retail, restaurants and grocery stores. On top of a prime location, this site feeds into the prestigious and highly ranked Buffalo Grove High School District. Arlington Heights has also consistently been ranked as one of the best places to live in Illinois. This combined with the school rankings, proximity to parks and shopping, makes this location a builder and a buyer's dream. +/- $650,000 conservatively projected total project profit. There is still a very functional home on the lot that could be rented in the event you want to finish a current deal, lock this one down, but still have income to offset any hold costs. Very easy to show.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Sub/Complex
Arlington Acres
Schools
Buffalo Grove High School, Thomas Middle School, Greenbrier Elementary School

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-05-2020 Listed at $665,000
02-24-2020 Price decreased by $20,000 to $645,000
03-19-2020 Price decreased by $26,000 to $619,000
05-06-2020 Status changed to Cancelled
05-07-2020 Status changed to Active
05-09-2020 Status changed to Cancelled
Last Modified 5/9/20 2:08 PM

Nearby Transportation

  • Hwy 53 North 0.5 mi
  • Hwy 53 South 0.8 mi
  • I 90 West 4.8 mi
  • I 90 East 4.9 mi
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