ClosedPrice Reduced

$700,000

$750,000
501 Douglas Avenue, Arlington Heights, IL 60004
5 Beds3 Baths3,138 sqft31 days
501 Douglas Avenue·Arlington Heights, IL 60004
5Bedrooms
3Bathrooms
3,138Sq Ft
1951Year Built
About This Home

Phenomenal Location!!! Walk to train, library, restaurants, and diversified stores in downtown Arlington Heights. And let's not forget about the fabulous newly renovated Recreation Park. Graced with the best schools in the area, this move-in ready home is waiting for your family. 501 North Douglas, is a charming, lovingly cared for home located in the highly sought after "Rec Park" Area. Tradition and comfort join forces to provide a respite from the hustle and bustle of our daily lives. The light filled front room has been enhanced with the addition of a captivating fireplace, which provides the perfect backdrop to entertain or simply relax and unwind. If entertaining is your passion, the formal dining room provides the perfect venue. Whip up your gourmet delights in your well designed kitchen which is the epitome of efficient space utilization and which nicely conceals your work area from your guests. The flex-space room nestled between the front room and family room is now being used as an office. It could easily be used as a den, or, if need be, a first floor bedroom. The spacious addition provides ample space for a sizable table suitable for gatherings, casual meals, or game playing. The expansive windows are the perfect viewing site for the well maintained beautifully landscaping yard. A little to the right, beyond view, is a charming, secluded area with a bench, fire pit and a water feature, and for practical purposes a gardening shed The second floor hosts a spacious primary suite with a wonderful 18 foot walk-in closet. Three additional bedrooms and a full bath, complete the second floor. The full basement is equipped with a large exercise area,a cedar closet, a utility area, a more than ample laundry area , and a Rec Room that measures 23 x 17. It is also worth noting that there is a wealth of storage in the lower level, as well as throughout the home. The house is in great condition, however, after the considerable price adjustment the sellers have decided to sell "As Is".

MLS# 12655562Listed June 29, 2026ResidentialCape CodSubdivision: Recreation Park
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Full Baths3
Half Baths0
Total Rooms12

Size & Structure

Living Area3,138 sqft
Garage Spaces2
Fireplaces1
Year Built1951
Lot Size140 x 56

Location

CountyCook
TownshipWheeling
SubdivisionRecreation Park
Zip Code60004

Financial

List Price$700,000
Original Price$750,000
Price / Sq Ft$223
Annual Taxes (2023)$9,275
Monthly Tax Est.$773
Parcel #03294130050000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalGas OvenHumidifier

Flooring

HardwoodCarpet

Heating

Natural Gas

Cooling

Central Air

Basement

FinishedFull

Laundry

Gas Dryer Hookup

Fireplace

Gas Starter
Exterior & Lot

Construction

Aluminum SidingBrick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers200+ Amp Service

Parking

ConcreteGarage Door OpenerYesGarage OwnedDetachedGarage
HOA & Community

HOA Includes

None

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Windsor Elementary School
District: 25
Middle School
South Middle School
District: 25
High School
Prospect High School
District: 214
Tax & Financial
Annual Taxes
$9,275
Tax Year 2023
Monthly Tax Est.
$773
per month
Price per Sq Ft
$223
per square foot
Price Reduced by $50,000
Original list price: $750,000
Property Location

501 Douglas Avenue, Arlington Heights, IL 60004 — Cook County

$700,000
$223 / sqft
501 Douglas Avenue
5 bd3 ba3,138 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
31 days on market
2-car garage
1 fireplace
140 x 56
$9,275/yr taxes
Price reduced $50,000
$4,452
estimated monthly payment
Principal & Interest
$3,679/mo
Property Tax
$773/mo
$700,000
20% — $140,000
3%50%
6.875%
3%12%
Loan Amount
$560,000
Down Payment
$140,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
@properties Christie's International Real Estate
Agent: Carol Lynne O'Brien
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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