506 E Valley Lane, Arlington Heights, IL 60004 - Photo 1

1/1

$400,000

Sold
Closed
Single Family
3 Beds
1 Full Bath
1 Partial Bath
1,287 Sq. Ft.
2 Car Garage

1/1

Property Description

Buyer got cold feet- their loss is your gain- come and grab this home before it's gone. This tri-level home is a true diamond in the rough, ready for your vision and personal touch to make it shine again. With its solid layout and sought-after location, this is the perfect opportunity to create the home you've always imagined. Bring your ideas and make an offer today before it's gone. Home will not qualify for FHA financing. Being sold as is, estate sale.

Full Property Details

Full Property Details for 506 E Valley Ln

General

Sold For: $400,000
Taxes: $8,400 (2023)
Status: Closed
Type: Single Family
Source: MRED
MLS ID: 12433396
Added to Site: 212 day(s) ago

Interior

Appliances: Double Oven, Washer, Dryer, Cooktop
Flooring: Hardwood

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Basement Baths: Yes

Bedrooms

Total Bedrooms: 3

Additional Information

Other Features: School Bus Service, Commuter Bus

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: On Site, Attached, Garage
Parking On-Site: Yes

Location

Area: Arlington Heights
County: Cook
Subdivision: Knob Hill
Driving Directions: Arlington Heights Rd to Valley (Driveway is off Knob Hill)

School Information

School District: 25
Midd School District: 214

Community

Assoc. Fees Include: None

Heating & Cooling

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

Utilities

Water: Public

Structural Information

Construction: Vinyl Siding, Brick
Exterior Const.: Vinyl Siding, Brick
Basement Desc.: Finished, Crawl Space, Exterior Entry, Rec/Family Area, Full
Foundation: Concrete Perimeter
Roof: Asphalt
Sub-Flooring: Hardwood
Square Feet: 1,287
Sq. Ft. Source: Assessor
Year Built: 1967
Built Before 1978: Yes

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 97 x 88 x 96 x 115
Lot Features: Corner Lot

Financial Considerations

Parking Included: Yes
Assessment Year: 1967
Tax Amount: $8,400
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 3173050240000

Listed by RE/MAX Plaza
Sold by Core Realty & Investments, Inc

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— 506 E Valley Ln —

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Schools

Schools serving 506 E Valley Ln

School Districts:Arlington Heights School District 25, Township High School District 214

Name	Grades	Distance
Ivy Hill Elementary School 2211 North Burke Drive, Arlington Heights, IL 60004	PK-5	0.2 mi
Thomas Middle School 1430 North Belmont Avenue, Arlington Heights, IL 60004	6-8	0.9 mi
Buffalo Grove High School 1100 West Dundee Road, Buffalo Grove, IL 60089	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 506 E Valley Ln

Date

Details

Price

Change

Source

9/15/2025

Sold

$400,000

—

MLS

7/30/2025

Listed

$400,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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506 E Valley Lane, Arlington Heights, IL 60004 (MLS# 12433396) is a Single Family property that was sold at $400,000 on September 15, 2025. Want to learn more about 506 E Valley Lane? 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.

506 E Valley Ln Arlington Heights, IL 60004