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$325,000
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Property Description
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.
Full Property Details
Full Property Details for 1028 S Walnut Ave
General
- Sold For: $325,000
- Taxes: $9,246 (2024)
- Status: Closed
- Type: Lots/Land
- Source: MRED
- MLS ID: 12642111
Additional Information
- Other Features: Commuter Train
Parking
- Parking Features: Asphalt
Location
- Area: Arlington Heights
- County: Cook
- Subdivision: Arlington Highlands
- Driving Directions: Central Ave to Walnut Ave South to property
School Information
- School District: 25
- Midd School District: 25
- Elementary School: Dryden Elementary School
- Middle School: South Middle School
- High School: Rolling Meadows High School
- Private School: Rolling Meadows High School
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Basement Desc.: None
- Square Feet: 0.43
- Current Bldg. Use: Residential, Single Family
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 19,116
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 133 x 142
- Frontage: City Street
- Frontage Feet: 142
- Street/Road Desc.: Asphalt
- Potential Use: Single Family
- Zoning: SINGL
- Lot Description: Common Grounds
Financial Considerations
- Tax Amount: $9,246.45
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8092000130000
Listed by Baird & Warner
Sold by Keller Williams Success Realty
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Schools
Schools serving 1028 S Walnut Ave
School Districts:Arlington Heights School District 25, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Dryden Elementary School 722 South Dryden Place, Arlington Heights, IL 60005 | K-5 | 1 mi |
South Middle School 400 South Highland Avenue, Arlington Heights, IL 60005 | 6-8 | 0.8 mi |
Rolling Meadows High School 2901 Central Road, Rolling Meadows, IL 60008 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
1028 S Walnut Avenue, Arlington Heights, IL 60005 (MLS# 12642111) is a Lots/Land property that was sold at $325,000 on June 11, 2026. Want to learn more about 1028 S Walnut Avenue? Do you have questions about finding other Lots/Land real estate for sale in Arlington Heights? You can browse all Arlington Heights real estate or contact a Coldwell Banker agent to request more information.

