# 705 S Chestnut Avenue, Arlington Heights, IL 60005

> **TL;DR:** 3bd/2ba single family, $550,000 ($312/sqft), built 1955, 1,762 sqft.
> A/C. Est. $2,383/mo. Listed 8 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Price/sqft | $312 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,762 |
| Year Built | 1955 |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 8 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,383 |
| **Total** | **$2,383** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1955
- 2 parking spaces

## Description

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 Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed.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

- **Address:** 705 S Chestnut Avenue, Arlington Heights, IL 60005
- **County:** Cook
- **Coordinates:** 42.07168, -87.98631
- **Google Maps:** https://www.google.com/maps?q=42.07168,-87.98631

## Listing Agent

- **Name:** Michael Thurman
- **Brokerage:** Keller Williams Experience
- **Phone:** (630) 598-0755
- **Email:** mikethurmanrei@gmail.com

## Primary Photo

![705 S Chestnut Avenue - Primary Photo](http://lh.rdcpix.com/a0ed3c2398c90b8e4fd62c6ba7d0c7bbl-f2089891961r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/705-s-chestnut-avenue-arlington-heights-il-60005-12607410)*

---

**MLS#:** 12607410 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/705-s-chestnut-avenue-arlington-heights-il-60005-12607410)

---

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