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$317,500
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Property Description
Move-in ready two bedroom, two bath condo in desirable Fountains of Arlington! Ceramic tile entry leads to open concept kitchen, dining, and living room with sliding door access to the balcony. Large open kitchen design with ceramic tile floor and plenty of cabinet storage. Fully applianced including a new microwave. Desirable split bedroom layout for privacy, features a spacious master bedroom suite with a walk-in closet. Luxury master bath with ceramic tile floor, dual vanities and sinks, and an oversized tub/shower combo with ceramic tile surround. Spacious second bedroom with easy access to the second full bath. In-unit laundry room includes a new washer and dryer, utility sink, and extra cabinet storage. Building includes two elevators, secure intercom entry, fire sprinkler system, plenty of guest parking, exercise room, and more. HOA fee includes gas, water, radiant heat, and garbage. Indoor heated garage parking (spot #65) and additional storage. Great schools, close to parks, restaurants, shopping, and transportation. Inverstor friendly! View the 3D tour and schedule a visit today!!
Full Property Details
Full Property Details for 701 W Rand Rd #227
General
- Sold For: $317,500
- HOA FEE: $385/month
- Taxes: $4,905 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12418202
- Added to Site: 265 day(s) ago
Interior
- Interior Features: Walk-In Closet(s)
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator(s), Exercise Room, Storage, Party Room, Security Door Lock(s), Intercom
- Equipment: Intercom, Fire Sprinklers, Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: School Bus Service
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Asphalt, Garage Door Opener, Heated Garage, On Site, Attached, Garage
- Parking On-Site: Yes
Location
- Area: Arlington Heights
- County: Cook
- Subdivision: Fountains of Arlington
- Driving Directions: Rand Rd west of Arlington Hts Rd on south side of street to The Fountains Of Arlington Condos (701 is the west building-turn right in parking lot)
School Information
- School District: 25
- Midd School District: 25
- Elementary School: Greenbrier Elementary School
- Middle School: Thomas Middle School
- High School: Buffalo Grove High School
- Private School: Buffalo Grove High School
Community
- Assoc. Fees Include: Heat, Water, Gas, Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 25lbs.
- Mgmt. Company: Foster Premier Inc
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air, Radiant
Utilities
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Entry Floor Number: 2
- Stories/Levels: 4
- Square Feet: 1,300
- Sq. Ft. Source: Estimated
- Year Built: 2005
Unit Information
- Units in Building: 54
Manufactured Home
- Model: BEAUTIFUL
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $385
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2005
- Tax Amount: $4,905.12
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Property ID: 3182030091075
Listed by RE/MAX Suburban
Sold by Achieve Real Estate Group Inc
Get Pre-Approved Today
Schools
Schools serving 701 W Rand Rd #227
School Districts:Arlington Heights School District 25, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Greenbrier Elementary School 2330 North Verde Drive, Arlington Heights, IL 60004 | PK-5 | 0.3 mi |
Thomas Middle School 1430 North Belmont Avenue, Arlington Heights, IL 60004 | 6-8 | 1.4 mi |
Buffalo Grove High School 1100 West Dundee Road, Buffalo Grove, IL 60089 | 9-12 | 1.5 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 701 W Rand Rd #227
Date
Details
Price
Change
Source
8/22/2025
Sold
$317,500
-2.31%
MLS
7/12/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
701 W Rand Road #227, Arlington Heights, IL 60004 (MLS# 12418202) is a Condo property that was sold at $317,500 on August 22, 2025. Want to learn more about 701 W Rand Road #227? 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.

