Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$539,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,252 Sq. Ft.
  • 2.5 Car Garage
  • Updated 21 hours ago
See This Home
Save This Home
See This Home
Save This Home
Stunning renovation of solid Brick Home with 4 Bedrooms, and 2.5 Baths, sitting on 66X132 wide lot in a Great Neighborhood of Arlington Heights. It's a perfect blend of modern character and clean transitional lines combined w/most thoughtful floorplan offering comfort & style. Large Livingroom with Dorm Windows, Eat In Kitchen with Quartz Countertops and stainless-steel appliances, Large Family Room with 2nd kitchen and 1/2 bath in the Lower Level, Large Flag Stone Patio with Gazebo Perfect for Entertaining! Beautifully Manicured Private Back Yard! Large Detached Garage. Amazing social neighborhood! Close to downtown, shopping, restaurants, theatre, library, Award Winning schools, Metra station & expressway. It is a must see!

Full Property Details for 507 S Waterman Ave

General

  • Price: $539,900
  • Taxes: $8,263 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12566305
  • Updated: 2/13/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Partially
  • Interior Features: 1st-Floor Bath, Open Floorplan, Dining Combo
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Electric
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: School Bus Service, Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Garage Spaces: 2.5
  • Total Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: Arlington Heights
  • County: Cook
  • Township: Wheeling
  • Driving Directions: Northwest Hwy East to Waterman Ave (North) to home.

School Information

  • School District: 25
  • Elem School District: 25
  • Midd School District: 25
  • High School District: 214
  • Elementary School: Windsor Elementary School
  • Middle School: South Middle School
  • High School: Prospect High School
  • Private School: Prospect 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: Lake Michigan

Structural Information

  • Architectural Info: Bungalow
  • Architectural Style: Bungalow
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Windows: Blinds
  • Sub-Flooring: Laminate
  • Square Feet: 2,252
  • Sq. Ft. Source: Estimated
  • Year Built: 1958
  • Built Before 1978: Yes
  • Remodeled/Updated: 2025

Lot Features

  • Lot Size (Acres): 0.2061
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 66 x 132
  • Fence: Yes
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1958
  • Tax Amount: $8,263.41
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 3332110020000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Meet the listing agent

Meet the listing agent
— 507 S Waterman Ave —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 507 S Waterman Ave

School Districts:Township High School District 214, Arlington Heights School District 25
NameGradesDistance
Windsor Elementary School, Arlington Heights, IL
1315 East Miner Street, Arlington Heights, IL 60004
PK-50.8 mi
South Middle School
400 South Highland Avenue, Arlington Heights, IL 60005
6-81.6 mi
Prospect High School
801 West Kensington Road, Mount Prospect, IL 60056
9-120.4 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 507 S Waterman Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Listed
$539,900
56.49%
MLS
8/12/2022
Sold
$345,000
—
Public Record
Get Price Alerts and Save Property
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 for 507 S Waterman Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,853
4%
$32,000
—
2022
$7,535
2%
$32,000
15%
2021
$7,357
2%
$27,771
—
2020
$7,234
—
$27,771
-10%
2019
$7,228
13%
$30,960
22%
2018
$6,385
1%
$25,315
—
2017
$6,327
3%
$25,315
—
2016
$6,137
7%
$25,315
15%
2015
$5,749
-9%
$22,093
—
2014
$6,333
29%
$22,093
—
2013
$4,914
-30%
$22,093
-18%
2012
$7,025
—
$27,094
—
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.

Estimate the Cost for 507 S Waterman Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Similar Properties near 507 S Waterman Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

787 E Golf Rd, Des Plaines, IL 60016 - Photo 1 Just Listed
$536,000

787 E Golf Rd  Des Plaines, IL 60016

  • Single Family
  • Active
  • Updated 20 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 4,380
    Sq. Ft.
586 N 7th Ave, Des Plaines, IL 60016 - Photo 1 Just Listed
$548,888

586 N 7th Ave  Des Plaines, IL 60016

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,000
    Sq. Ft.
507 S I Oka Ave, Mount Prospect, IL 60056 - Photo 1 Just Listed
$525,000

507 S I Oka Ave  Mount Prospect, IL 60056

  • Single Family
  • Active
  • Updated 17 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,571
    Sq. Ft.
492 Bernice Ct, Wheeling, IL 60090 - Photo 1 Just Listed
$524,900
Open House

492 Bernice Ct  Wheeling, IL 60090

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,328
    Sq. Ft.

Just Listed near 507 S Waterman Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4406 Euclid Ave, Rolling Meadows, IL 60008 - Photo 1 Just Listed
$235,000

4406 Euclid Ave  #2C  Rolling Meadows, IL 60008

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,080
    Sq. Ft.
2650 Brookwood Way, Rolling Meadows, IL 60008 - Photo 1 Just Listed
$196,000

2650 Brookwood Way  #313  Rolling Meadows, IL 60008

  • Condo
  • Active
  • Updated 21 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,080
    Sq. Ft.
5000 Carriage Way Dr, Rolling Meadows, IL 60008 - Photo 1 Just Listed
$154,800

5000 Carriage Way Dr  #305  Rolling Meadows, IL 60008

  • Condo
  • Active
  • Updated 2 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 900
    Sq. Ft.
3135 Town Square Dr, Rolling Meadows, IL 60008 - Photo 1 Just Listed
$345,000

3135 Town Square Dr  #401  Rolling Meadows, IL 60008

  • Condo
  • Active
  • Updated 16 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,599
    Sq. Ft.

Price Reduced near 507 S Waterman Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3100 Town Square Dr, Rolling Meadows, IL 60008 - Photo 1 Price Reduced
-$10,000 (-2.99%)
$325,000

3100 Town Square Dr  #308  Rolling Meadows, IL 60008

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,599
    Sq. Ft.
720 E Rand Rd, Mount Prospect, IL 60056 - Photo 1 Price Reduced
-$15,000 (-0.79%)
$1,880,000

720 E Rand Rd  Mount Prospect, IL 60056

  • Commercial
  • Active
  • Updated 3 days ago
  • 2,533
    Sq. Ft.
102 S Ashland Ave, Palatine, IL 60074 - Photo 1 Price Reduced
-$25,000 (-5.56%)
$424,900
Open House

102 S Ashland Ave  Palatine, IL 60074

  • Single Family
  • Active
  • Updated 23 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,313
    Sq. Ft.
263 S Clubhouse Dr S, Palatine, IL 60074 - Photo 1 Price Reduced
-$6,000 (-2.26%)
$259,000
Open House

263 S Clubhouse Dr S  #304  Palatine, IL 60074

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,257
    Sq. Ft.

Recent Sales near 507 S Waterman Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

428 S Phelps Ave, Arlington Heights, IL 60004 - Photo 1 Sold
$495,000

428 S Phelps Ave  Arlington Heights, IL 60004

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 1,426
    Sq. Ft.
26 S Donald Ave, Arlington Heights, IL 60004 - Photo 1 Sold
$567,000

26 S Donald Ave  Arlington Heights, IL 60004

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,395
    Sq. Ft.
309 S Stratford Rd, Arlington Heights, IL 60004 - Photo 1 Sold
$550,000

309 S Stratford Rd  Arlington Heights, IL 60004

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
106 S Stratford Rd, Arlington Heights, IL 60004 - Photo 1 Sold
$586,000

106 S Stratford Rd  Arlington Heights, IL 60004

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,504
    Sq. Ft.

507 S Waterman Avenue, Arlington Heights, IL 60004 (MLS# 12566305) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 507 S Waterman Avenue is currently listed for $539,900 and was received on February 12, 2026. This property is listed by Manuela Papazisi from our McMullen/O'Hare Office.Want to learn more about 507 S Waterman 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.

Tour this property