This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
$549,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
Property Description
This condo truly stands in a league of its own. No other unit at Towne Place in downtown Arlington Heights captures this comfortable, modern blend of elevated style and atmosphere. This home has been completely renovated over the years and is beautiful, neutral and practical. Knockout redesigned kitchen is outfitted with sleek Italian, minimalist cabinetry, with so much storage, pantry w/pullouts, deep, soft-close drawers, recessed lighting, glass tile and porcelain backsplash, quartz counters, high-end appliances include Viking, Zephyr and Thermador, porcelain tile floors. Serene, spa-style bathrooms stand out: Large walk-in showers w/Hans Grohe shower systems and handhelds, Italian vanity cabinets w/Kohler accessories, quartz counters, porcelain tile, even overhead heaters above shower doors for comfort. Newer Pella windows throughout, many with built-in blinds; motorized window treatments in main living area; in-unit, large laundry room w/full-size washer and dryer plus butler-like pantry and commercial utility sink! Living space and bedrooms are on opposite ends -- great separation for guests or working from home. For those downsizing or just wanting more storage, both bedrooms are outfitted with unbelievable storage, including customized, wall-to-wall closets complete with clothes racks, shelving, pull-out drawers and commercial glass sliding doors (gorgeous)--this is in addition to the regular closets in each room! Gracious primary bedroom has ensuite bathroom w/double sinks and 2nd bedroom also has storage closets spanning the length of the room (currently there is a Murphy-like bed against the wall). Building has radiant floor heat, attached, heated garage with ideal, wide parking spot right near lobby. Condo also has its own shelved storage room located in the building. Lots of natural light, private balcony with pleasant easterly views, and on a clear day, the Chicago skyline in the backdrop. Come take a look!
Full Property Details
Full Property Details for 201 N Vail Ave #701
General
- Price: $549,900
- HOA FEE: $458/month
- Taxes: $8,154 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12784067
- Updated: 10/14/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Oven, Gas Cooktop, Gas Oven, Range Hood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator in Residence, Storage, Party Room, Sundeck, Security Door Lock(s), Elevator(s), School Bus
- Other Features: School Bus Service, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: Arlington Heights
- County: Cook
- Township: Wheeling
- Subdivision: Towne Place
- Driving Directions: Northeast corner of Vail and Northwest Highway
School Information
- School District: 25
- Elem School District: 25
- Midd School District: 25
- High School District: 214
Community
- Assoc. Fees Include: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Mgmt. Company: Espire
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 7
- Stories/Levels: 8
- Square Feet: 1,700
- Sq. Ft. Source: Estimated
- Year Built: 1996
- Remodeled/Updated: 2017
Unit Information
- Units in Building: 62
Lot Features
- Lot Dimensions: common
Financial Considerations
- Association Fee: $458
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1996
- Tax Amount: $8,154.99
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 3293250131044
Listed by Compass
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 201 N Vail Ave #701
School Districts:Arlington Heights School District 25, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Olive-Mary Stitt School 303 East Olive Street, Arlington Heights, IL 60004 | K-5 | 1 mi |
Thomas Middle School 1430 North Belmont Avenue, Arlington Heights, IL 60004 | 6-8 | 1.2 mi |
John Hersey High School 1900 East Thomas Street, Arlington Heights, IL 60004 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 N Vail Ave #701
Date
Details
Price
Change
Source
10/14/2026
Listed
$549,900
115.65%
MLS
6/25/2009
Sold
$255,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 201 N Vail Ave #701
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,616
—
$38,547
24%
2023
$7,616
4%
$31,134
—
2022
$7,307
—
$31,134
13%
2021
$7,298
2%
$27,576
—
2020
$7,176
1%
$27,576
-10%
2019
$7,130
9%
$30,587
18%
2018
$6,533
1%
$25,824
—
2017
$6,474
3%
$25,824
—
2016
$6,274
6%
$25,824
14%
2015
$5,903
3%
$22,614
—
2014
$5,746
3%
$22,614
—
2013
$5,585
-1%
$22,614
-7%
2012
$5,633
—
$24,218
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 201 N Vail Ave #701
201 N Vail Avenue #701, Arlington Heights, IL 60004 (MLS# 12784067) is a Condo property with 2 bedrooms and 2 full bathrooms. 201 N Vail Avenue #701 is currently listed for $549,900 and was received on October 14, 2026. Want to learn more about 201 N Vail Avenue #701? Do you have questions about finding other Condo 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.

