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1505 W Euclid Avenue Arlington Heights, IL 60005 Residential - Single Family Active

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Description

Bring your vision and your contractor! Located at 1505 W Euclid Avenue, this 3-bedroom, 1.1-bathroom split-level home is a rare time capsule opportunity in the heart of Arlington Heights. Having been lovingly maintained, the home is ready for a modern transformation. While the interior awaits your creative touch, the heavy lifting has already begun with a brand-new roof and a new furnace both installed in 2025. The location is truly unbeatable for both homeowners and savvy investors. You are just down the street from the former Arlington Park Race Track-the highly anticipated potential future home of a new Chicago Bears stadium and entertainment district. This proximity offers incredible long-term appreciation potential as the area evolves. Furthermore, Arlington Heights is currently a standout in the region as the only local municipality allowing short-term rentals, presenting a massive opportunity for high-demand lodging should the stadium project move forward. Families will love the access to top-tier education, as this home is served by highly rated schools: Westgate Elementary (District 25), South Middle School (District 25), and Rolling Meadows High School (District 214). Whether you are looking to flip, rent, or build equity in your forever home, this property offers the perfect foundation of mechanical reliability and a world-class location.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,054
Walkout Basement
Built in 1953
Elementary School: Westgate Elementary School
High School: Rolling Meadows High School
Middle School: South Middle School
Brick Exterior

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,054
County: Cook
High School: Rolling Meadows High School
Listed By:
Keller Williams Thrive 847-241-2200
MRED MLS

Room Information

Bedroom 2: 12X10
Bedroom 3: 10X9
Dining Room: COMBO
Family Room: 20X15
Kitchen: 10X9
Laundry: 14X12
Living Room: 18X15
Primary Bedroom: 14X12
$375,000
Est. $2,454/mo
3beds
2baths
1,054sqft
New to the Market Active
BEDS3 BATHS1 full 1 partial SQUARE FEET1,054 MLS#12596920
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 214

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1505 W Euclid Avenue, Arlington Heights, IL 60005.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $375,000$375,000$375,000
Down Payment $75,000$13,125$93,750
Monthly Mortgage Amount $1,823$2,208$2,317
Taxes $522$522$522
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$165$0
Monthly Estimated Total $2,454$3,004$2,948

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