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Residential Land for Sale in Arlington Heights, Illinois
1028 S Walnut Ave, Arlington Heights, IL 60005
$315,000
0.43 acres
Pending sale
Under contract
Rare opportunity for investors, builders, and developers in a highly desirable Arlington Heights location on an oversized lot and a half! This prime parcel offers exceptional redevelopment potential in an established neighborhood with strong surrounding home values supporting new construction and investment opportunities. Ideal for a teardown. Conveniently located near the hospital, expressways, parks, shopping, dining, and highly regarded schools. Property is being sold strictly AS-IS. Seller will not make repairs or provide credits. Buyer to perform their own due diligence. Tremendous opportunity to invest in a sought-after Arlington Heights location with strong upside potential.
Location
- Street address
- 1028 S Walnut Ave
- County
- Cook County
- Community
- Arlington Highlands
- School district
- 25
- Elevation
- 716 feet
Directions
Central Ave to Walnut Ave South to property
Property details
- Lot size
- 0.43 acres18,731 sq ft
- Zoning
- SINGL
- MLS #
- MRED 12642111
- Posted
Property taxes
- 2024
- $9,246
Parcels
- 08092000130000
Details and features
Listing
- Type
- Land
- Franchise
- Independent
Structure
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Available |
| Water | Public | Available |
Nearby schools
| Name | Type | District |
|---|---|---|
| Dryden Elementary School | Elementary | 25 |
| South Middle School | Middle | 25 |
| Rolling Meadows High School | High | 214 |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 19, 2026 | Under contract | $315,000 | — | MRED |
| May 19, 2026 | New listing | $315,000 | — | MRED |
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