See all 10 photos

$975,000

Est. payment - /mo

Save

2 Baths

0.47 Acres Lot

Active Under Contract

235 S Dunton Avenue Arlington Heights, IL 60005

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Jul

Wed

Jul

Thu

Jul

Jai Thompson

jthompson@epique.me +1(630) 770-6499

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12405176

Full Baths 2

Annual Tax Amount $13,004

Tax Year 2023

Lot Size 0.470 Acres

Lot Dimensions 147'X139.2'

Property Sub-Type Land

Property Description

** PRIME DEVELOPMENT LAND - DOWNTOWN ARL HTS - R6 ZONED ** + **Near the Future Chicago Bears Stadium & 2 blocks to Metra Train Station** This property offers a remarkable opportunity for investors, developers, or entrepreneurs aiming to be a part of the rapidly growing town of Arlington Heights. Situated on a corner just two blocks from the Metra Train Station in the highly sought-after downtown Arlington Heights area, this prime location holds significant potential. Zoned R6, the property supports multiple residential development possibilities, including constructing townhomes, condos, multi-family units, or single-family homes. The property consists of two lots: a vacant parcel and another lot featuring a house divided into two rental units. Both rental units are under one-year leases. This property generates rental income. Currently, the income is below market value, indicating a significant opportunity for growth.The garage accommodates one car for the first-floor unit and contains two storage units that the landlord utilizes. Please note that the house and garage are being sold "AS IS." We encourage buyers to conduct their due diligence regarding development possibilities. All offers must include the "AS IS" and waived inspection clauses initialed for consideration. Additionally, all offers need to provide proof of funds and/or a letter of mortgage pre-qualification. Please email offers to the listing agent. The broker is related to the owner.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Cellar, Full

Interior

Heating Natural Gas, Electric, Forced Air, Zoned

Cooling Window Unit(s)

Fireplace N

Laundry Common Area

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

View Y/N true

Building

Story 2 Stories

Water Municipal Water

Schools

Elementary Schools Westgate Elementary School

Middle Schools South Middle School

High Schools Rolling Meadows High School

School District 25, 25, 214

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by John Tenuta • My Hometown Realty, Inc