705 South Chestnut Avenue

Arlington Heights IL 60005

2962 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Unique opportunity with multiple potential pathways for end users or investors. This property is being offered as-is and requires a renovation but features well-maintained mechanical systems and a spacious layout with strong potential for expansion (subject to municipal approval). The seller is currently exploring plans with the Village of Arlington Heights, including the potential for a second-story addition. During this pre-permit phase, the property is being made available with the following potential options: Purchase as-is at list price or buyer has the opportunity to purchase after renovation at a projected price of $750,000. Please contact agent for current project plans. Potential for a buyer to pursue expansion (e.g., second-story addition), subject to plans, approvals, and construction costs. Preliminary concepts indicate the possibility of approximately 3,400 square feet above grade plus a full basement, if expanded. Important: Once permits are obtained, the property will be withdrawn from the market and construction will proceed. For reference, please see 1507 Ada, Naperville for a recent completed project by the seller.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

2962 sq. ft. floor area

Single-Family

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