1821 25 Verde Avenue
Arlington Heights, IL 60004
- 5 beds
- 2 baths
- 2,113 sqft
- ~1/2 acre lot
- $188 per sqft
- – on site
DOUBLE LOT DEVELOPMENT OPPORTUNITY ~ A rare shovel-ready double lot development opportunity in one of Arlington Heights' most sought-after neighborhoods, offering expansive buildable FARs and unmatched potential for luxury single-family homes. ~ This prime site is located in the top-rated Hersey High School district, a 2024 Blue Ribbon recipient, surrounded by upscale homes selling for 1.6 million and higher. ~ The combined 27,000+ sq. ft. property includes two generously sized lots: Lot #1 (Corner) spans 15,000+ sq. ft. with an approved buildable FAR of 6,000+ sq. ft. Lot #2 (Interior) spans 11,000+ sq. ft. with an approved buildable FAR of 5,000+ sq. ft. ~ The premium corner lot offers exceptional design flexibility, allowing for side-entry, rear-load, front-facing, detached, or even two-story garage configurations to suit the buyer's vision. ~ The existing home on the site is a tear-down, making way for two fully custom new construction homes. ~ This site allows developers to create prestigious, high-end homes tailored to discerning buyers. All preliminary approvals are in place, and home designs can be customized by buyers and reviewed by the Village of Arlington Heights. | Located near the Metra station for easy access to downtown and close to parks, shopping, and dining, this thriving area commands high demand for new construction homes. | The seller is an Illinois-licensed Realtor.
Last checked:
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Last updated Apr 18, 2025
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MLS# 12285138 —
This home is listed in more than one place. See it here.
The Building
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Rebuilt:No
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:Cape Cod
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Basement:None
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Disability Access:No
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Living Area Source:Estimated
Interior
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Room Type:Bedroom 5
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Rooms Total:7
Room Dimensions
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Living Area:2113
Location
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Directions:Palatine Rd. east or west to Kennicott Blvd. and south to Palatine Frontage Rd. west to Verde Ave.
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Location:84301
The Property
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Parcel Number:03191040010000
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Property Type:Residential
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Lot Size Dimensions:158 X 171
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Waterfront:false
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Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (773) 280-5263
- Office phone:
- (773) 509-9493
Taxes
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Tax Year:2023
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Tax Annual Amount:9157.55
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:2
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Full Baths:1
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Half Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Steam, Baseboard
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Well
Schools
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Elementary School:Patton Elementary School
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Elementary School District:25
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Middle Or Junior School:Thomas Middle School
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Middle Or Junior School District:25
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High School:John Hersey High School
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High School District:214
The Community
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Parking Features:On Site, Attached, Garage
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Garage Spaces:1
Monthly cost estimate
Asking price
$399,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,136
|
| Taxes | $763 |
| Insurance | $109 |
| Utilities | N/A |
| Total | $3,008/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/27/25
Feb 27, 2025
|
Listed / Active | MRED | $399,000 |
32% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $70k over asking price.
