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Ray Arco
REALTOR®
(815) 985-1441

1028 S Walnut Avenue, Arlington Heights, IL 60005

$315,000
  • 1028 S Walnut Avenue, Arlington Heights, IL 60005 Main Photo

4 Total Photos [Click to View All]

New to the Market New
LOT SIZE 0.430 acres MLS#12642111
STATUSNew PROPERTY TYPELand - Residential SUBDIVISIONArlington Highlands SCHOOLDistrict 214

Property Description

Rare opportunity for investors, builders, and developers in a highly desirable Arlington Heights location on an oversized lot and a half! This prime parcel offers exceptional redevelopment potential in an established neighborhood with strong surrounding home values supporting new construction and investment opportunities. Ideal for a teardown. Conveniently located near the hospital, expressways, parks, shopping, dining, and highly regarded schools. Property is being sold strictly AS-IS. Seller will not make repairs or provide credits. Buyer to perform their own due diligence. Tremendous opportunity to invest in a sought-after Arlington Heights location with strong upside potential.

1028 S Walnut Avenue | MLS# 12642111

This land located at 1028 S Walnut Avenue, Arlington Heights, IL 60005 is currently listed for sale with an asking price of $315,000. The property has approximately 0.43 Acres. S Walnut Avenue is located within the District 214 school district. Search Arlington Heights real estate on rarco.gogambino.com today.

Property Features

Property Type: Land - Residential
Basement: None
Lot Size: 0.43 Acres
Taxes: $9,246

Feature Descriptions

Current Use: Residential, Single Family
Frontage: 142
Frontage Type: City Street
Lot Dimensions: 133x142
Parcel#: 08092000130000
Possible Use: Single Family
Road Surface: Asphalt
Township: Elk Grove
Utilities: Electric to Site, Natural Gas Available, Water Available

Local Schools

High School: Rolling Meadows High School
Middle School: South Middle School
Elementary School: Dryden Elementary School
School District: District 214

Listed By / Shown By

Listed By

Agency Name: Baird & Warner
Agency Phone: 847-392-1855

Shown By

Agent Name: Ray Arco
Agent Phone: (815) 985-1441
Agency Title: Gambino Realtors

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Estimated Payment

$ 2,293.20 per month $1,430.83 Principal & Interest $770.50 Property Tax $91.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/18/2026. The listing information on this page last changed on 05/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 05/18/2026 8:11:30 AM EST) or MRED MLS (last updated Mon 05/18/2026 7:21:07 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 05/17/2026 10:15:19 PM EST) or Northern Illinois Commercial Association Realtors (last updated Sun 05/17/2026 2:10:24 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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