Sold569d on market
1516 N Yale Ave
Arlington Heights, IL, 60004 • 60004 • Cook County
$429,250
$411/sqft
3Beds
1Baths
1,044Sqft
0.55 acLot
1958Built
Property DNA
2-Car Garage
On Site · Garage Owned · Detached · Garage
This home is getting attention
Listed 569 days ago · 21 views
Market activity
Demand and pricing signals for this listing
21 views
People checking out this listing
569 days on market
Established listing
$411/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 23% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1958
Nestled in a fantastic Arlington Heights neighborhood within a sought-after school district and surrounded by million-dollar+ custom homes, this .55-acre lot presents an unparalleled opportunity. The existing structure is a tear-down, paving the way for you to design and build your dream home. Whether you envision a modern masterpiece or a timeless estate, this prime piece of real estate is your canvas. Opportunities like this are rare-now is your chance to create something truly spectacular in a community where location is everything. In 2023, The Village of Arlington Heights had once again been voted by Daily Herald readers as the Top City/Town to Live AND as the Top Downtown Atmosphere in the Chicago Suburbs! This marked the Village of Arlington Heights' 10th Consecutive Year as being named the Top City/Town to Live. The 2023 Best of the Best were voted on by 107,871 votes from Daily Herald readers. Selling As-Is. Please do not walk the property without a scheduled appointment.
Estimated monthly payment
Based on current rates
$2,676/month
Principal & Interest$2,104
Property Tax$429
Insurance$143
Down payment20% ($85,850)
3%50%
Est. 6.20% rate · 30yr fixed · $343,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1958
HeatingNatural Gas
CoolingCentral Air
Parking2 Garage spaces
Lot0.55 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1958
Stories2
Systems
HeatingNatural Gas
CoolingCentral Air
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Detached, Garage
Garage2 spaces
BasementPartially Finished,Partial
Lot0.55 Acres
Location & Tax
Neighborhood60004
Annual tax$2,418
Parcel0319106016
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Heating
Natural Gas
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Parking
On Site
Garage Owned
Detached
Garage
Lot Features
Mature Trees
Room details
19 rooms detailed
Master Bedroom
Second13×12 ft156 sqft
Bedroom2
Second10×11 ft110 sqft
Bedroom3
Second10×11 ft110 sqft
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market569
Est. value$466,100
Est. rent$2,938/mo
Tax rate1.99%
Price/sqft$411
On marketAug 18, 2024
PostedAug 18, 2024
Last sold$429,250
MLS statusClosed
MLS updatedSep 20, 2024
Tour days6
Views21
How are the schools in Arlington Heights?
3 schools rated nearby
Location
Arlington Heights, IL, 60004
Price history
3 events
DateEventPrice$/sqftSource
Sep 17, 2024Sold$429,250$411MRED as distributed by MLS GRID
Aug 21, 2024Contingent$379,900$364MRED as distributed by MLS GRID
Aug 18, 2024Listed For Sale$379,900$364MRED as distributed by MLS GRID
Sold$429,250
Sep 17, 2024•$411/sqft•MRED as distributed by MLS GRID
Contingent$379,900
Aug 21, 2024•$364/sqft•MRED as distributed by MLS GRID
Listed For Sale$379,900
Aug 18, 2024•$364/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2023$7,677$34,009
Apr 10, 2022$2,418$34,009
Apr 10, 2021$2,688$24,429
Apr 10, 2020$5,526$24,429
Apr 10, 2019$5,522$27,204
Apr 10, 2018$8,071$27,657
Apr 10, 2017$2,610$27,657
Apr 10, 2016$3,149$27,657
Apr 10, 2015$3,631$24,335
Apr 10, 2014$3,451$24,335
Apr 10, 2013$3,445$24,335
Apr 10, 2012$3,033$29,074
Apr 10, 2011$2,900$29,074
Apr 10, 2010$2,601$29,074
Apr 10, 2009$2,332$35,494
Apr 10, 2008$2,432$38,165
Apr 10, 2007$2,597$38,165
Apr 10, 2006$2,929$30,061
Apr 10, 2005$2,909$30,061
Apr 10, 2004$2,917$30,061
Apr 10, 2003$3,328$19,402
Apr 10, 2002$3,212$19,402
Apr 10, 2001$3,203$19,402
Apr 10, 2000$2,976$17,069
Apr 10, 1999$2,976$17,069
Nearby homes
Neighborhood details
Local context around this listing
Arlington Heights, IL • Cook County
Nearby neighborhoods
Scarsdale
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
600046000560006
Similar homes
Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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