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$315,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,535 Sq. Ft.
  • Updated 18 hours ago
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Rare opportunity in desirable Arlington Heights location on a lot and a half! Property needs significant work and is ideal for investors, rehabbers, builders, or buyers looking to build equity and create their vision. Excellent upside potential in an established neighborhood with surrounding values supporting renovation opportunities. Conveniently located near hospital, expressways, parks, shopping, restaurants, and highly regarded schools. Property is currently being cleaned out. Sold strictly AS-IS. Seller will not make repairs or provide credits. Buyer is welcome to conduct inspections for informational purposes only. Significant work is needed, but the upside potential and Arlington Heights location make this a tremendous opportunity.

Full Property Details for 1028 S Walnut Ave

General

  • Price: $315,000
  • Taxes: $9,246 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12640258

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Paved

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Other Features: Commuter Train

Parking

  • Total Spaces: 4
  • Parking Features: Asphalt, Driveway, Yes, Owned

Location

  • Area: Arlington Heights
  • County: Cook
  • Township: Elk Grove
  • Subdivision: Arlington Highlands
  • Driving Directions: Central Ave to Walnut Ave South to property

School Information

  • School District: 25
  • Elem School District: 25
  • Midd School District: 25
  • High School District: 214
  • Elementary School: Dryden Elementary School
  • Middle School: South Middle School
  • High School: Rolling Meadows High School
  • Private School: Rolling Meadows High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Aluminum Siding, Vinyl Siding
  • Exterior Const.: Aluminum Siding, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Roof: Asphalt
  • Square Feet: 1,535
  • Sq. Ft. Source: Builder
  • Year Built: 1930
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.439
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 133 x 142
  • Lot Features: Mature Trees

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1930
  • Tax Amount: $9,246.45
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 8092000130000

Listed by Baird & Warner

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Listing agent

— 1028 S Walnut Ave —

  • Baird & Warner

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1028 S Walnut Ave

School Districts:Arlington Heights School District 25, Township High School District 214
NameGradesDistance
Dryden Elementary School
722 South Dryden Place, Arlington Heights, IL 60005
K-51 mi
South Middle School
400 South Highland Avenue, Arlington Heights, IL 60005
6-80.8 mi
Rolling Meadows High School
2901 Central Road, Rolling Meadows, IL 60008
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1028 S Walnut Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,781
—
$40,000
5%
2023
$8,781
4%
$37,982
—
2022
$8,407
20%
$37,982
30%
2021
$7,032
-5%
$29,310
-5%
2020
$7,409
-1%
$30,799
-11%
2019
$7,482
21%
$34,606
41%
2018
$6,192
1%
$24,597
—
2017
$6,137
3%
$24,597
—
2016
$5,964
-4%
$24,597
4%
2015
$6,193
3%
$23,544
—
2014
$6,030
3%
$23,544
—
2013
$5,859
-16%
$23,544
-20%
2012
$6,999
—
$29,443
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1028 S Walnut Avenue, Arlington Heights, IL 60005 (MLS# 12640258) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1028 S Walnut Avenue is currently listed for $315,000 and was received on May 18, 2026. Want to learn more about 1028 S Walnut Avenue? Do you have questions about finding other Single Family 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.

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