BOUGHT WITH REDFIN JUN 27, 2022

Off market jun 2022 for $295K

$411,113

Est. refi paymentEst. refi $1,991/mo

•

1,388

sq ft

1940 N Silver Lake Rd, Arlington Heights, IL 60004

About this home

Fantastic opportunity in the highly desirable Lake Arlington Towne community! Beautifully updated 3 bedroom, 2 bath townhome in a premium location overlooking a large pond with fountain! Step into the open and spacious living room and dining room, featuring wood laminate flooring, dramatic vaulted ceilings, recessed lighting, large windows and sliding doors leading to the deck - which overlooks the relaxing pond. The updated kitchen includes white cabinetry, stainless steel appliances, and a breakfast bar with seating that is perfectly situated for entertaining! The primary suite makes a great retreat, complete with a large bedroom with vaulted ceilings, walk-in closet, and a bathroom with double vanity. Two additional bedrooms, a second full bath, and a laundry room finish the home. 2 car attached garage with additional room for storage. Highly rated amenities including clubhouse, indoor/outdoor pools, tennis courts, exercise room, and just steps from beautiful Lake Arlington. Plus, close to plenty of restaurants and shopping! This home has it all - don't miss your chance!

TownhomeProperty Type

1992Year Built

$296Est. Price/Sq.Ft.

2 car garageParking

Listed by Kelly Baysinger • @properties Christie's International Real Estate

Listed by Amy DeRango • @properties Christie's International Real Estate

Bought with Jennifer Comeaux • Redfin Corporation

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #11422515

Redfin Estimate

$411,113

$116K since sold in June 2022$7,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.8% higher than the average sale price ($355K) of 6 comparable homes.

SOLD OCT 16, 2026
$335,000
A
2 beds2 baths1,300 sq ft
1911 N Silver Lake Rd, Arlington Heights, IL 60004
SOLD MAY 12, 2026
$380,000
B
3 beds2 baths1,472 sq ft
1987 Silver Lake Rd, Arlington Heights, IL 60004
SOLD OCT 1, 2026
$365,000
C
2 beds2 baths1,611 sq ft
2543 E Hunter Dr #0, Arlington Heights, IL 60004
SOLD APR 17, 2026
$420,000
D
3 beds2 baths1,578 sq ft
2012 N Silver Lake Rd #2012, Arlington Heights, IL 60004
SOLD OCT 16, 2026
$215,000
E
2 beds2 baths1,240 sq ft
1500 Harbour Dr Unit 4Q, Wheeling, IL 60090
SOLD JUL 16, 2026
$415,000
F
2 beds2 baths1,558 sq ft
1533 N Courtland Dr, Arlington Heights, IL 60004

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Earn from this home

Sell

$174,496

Est. take-home

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Est. cash available

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Rent

$2,532/mo

Redfin rental estimate

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Market trends in 60004, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.5%

0.1% MoM

Median sale price

$490K

$25K MoM

Avg. days on market

42d

0 days MoM

Recently sold homes

155

24 MoM

New listings for sale

NEW
$194,900
1 bed1 bath700 sq ft
819 E Miner St Unit 3A, Arlington Heights, IL 60004
NEW 19 HRS AGO
$299,900
2 beds2 baths1,350 sq ft
214 N Pine Ave Unit 4C, Arlington Heights, IL 60004
NEW 19 HRS AGO
$350,000
3 beds2 baths1,575 sq ft
3206 N Carriageway Dr, Arlington Heights, IL 60004
EARLY ACCESS
Unknown
2 beds2 baths1,700 sq ft
201 N Vail Ave #701, Arlington Heights, IL 60004
$550,000
3 beds2 baths1,792 sq ft
2503 E Sherwood Rd, Arlington Heights, IL 60004
$375,000
3 beds2.5 baths2,072 sq ft
2117 E Gregory St, Arlington Heights, IL 60004
$481,500
2 beds2.5 baths1,813 sq ft
14 E Heritage Ct E #14, Arlington Heights, IL 60004
$760,000
4 beds2.5 baths2,140 sq ft
2806 N Dryden Pl, Arlington Heights, IL 60004
$392,000
2 beds2.5 baths1,500 sq ft
1948 N Stillwater Rd, Arlington Heights, IL 60004
$539,900
3 beds2.5 baths2,230 sq ft
3021 N Wilshire Ln, Arlington Heights, IL 60004
See all

Provided by Redfin

Sale history for 1940 N Silver Lake Rd

Date

Event

Price

Public Records

Aug 11, 2022

Sold

$295,000

$213/sq ft

MRED as Distributed by MLS Grid #11422515

Jun 27, 2022

Sold (MLS) (Closed)

$295,000

$213/sq ft

Jun 5, 2022

Contingent (Contingent - No Showings)

—

Jun 2, 2022

Listed (Active)

$280,000

$202/sq ft

MRED as Distributed by MLS Grid #08528563

Mar 28, 2014

Sold (MLS) (Closed Sale)

$230,000

$166/sq ft

Feb 10, 2014

Pending (Contingent (Do Not Show))

—

Feb 3, 2014

Listed (New)

$224,900

$162/sq ft

Premium Lot Location Overlooking Large Pond! Beautiful Views from Your Balcony! Soaring Open Floor Plan with Vaulted Ceilings in the Great Room & Master Bedroom! Original Owner Lived Here and Meticulously Maintained the Home! New Decks in 2012, Large Garage for Additional Storage. 3rd Bedroom is the Perfect Home Office/Den. Desirable Community- Walk to clubhouse, Pool, Ex Rm, Tennis & Lake!!

Year

Property tax

Land + Additions

Assessment*

2023

$7,211 (+5.1%)

$9,314 + $27,012

$36,326

2022

$6,858 (+8.4%)

$7,707 + $21,990

$29,697

2021

$6,327 (−11.4%)

$802 + $23,342

$24,144

2020

$7,144

$802 + $23,342

$24,144

2019

$7,142 (+12.5%)

$802 + $26,202

$27,004

2018

$6,350 (+1.1%)

$642 + $21,167

$21,809

2017

$6,284 (+7.3%)

$642 + $21,167

$21,809

2016

$5,854 (−0.8%)

$642 + $21,167

$21,809

2015

$5,899 (+16.1%)

$4,014 + $15,836

$19,850

2014

$5,081 (+15.2%)

$4,014 + $15,836

$19,850

2013

$4,410 (−12.2%)

$4,014 + $15,836

$19,850

2012

$5,023 (+1.9%)

$4,496 + $19,408

$23,904

2011

$4,928 (−0.5%)

$4,496 + $19,408

$23,904

2010

$4,953 (+15.7%)

$4,496 + $19,408

$23,904

2009

$4,280 (+5.0%)

$2,408 + $20,846

$23,254

2008

$4,074 (+4.7%)

$3,853 + $27,401

$31,254

2007

$3,889

$3,853 + $27,401

$31,254

Tax history for 1940 N Silver Lake Rd

Year

Property tax

Land + Additions

Assessment*

2023

$7,211 (+5.1%)

$9,314 + $27,012

$36,326

2022

$6,858 (+8.4%)

$7,707 + $21,990

$29,697

2021

$6,327 (−11.4%)

$802 + $23,342

$24,144

2020

$7,144

$802 + $23,342

$24,144

2019

$7,142 (+12.5%)

$802 + $26,202

$27,004

2018

$6,350 (+1.1%)

$642 + $21,167

$21,809

2017

$6,284 (+7.3%)

$642 + $21,167

$21,809

2016

$5,854 (−0.8%)

$642 + $21,167

$21,809

2015

$5,899 (+16.1%)

$4,014 + $15,836

$19,850

2014

$5,081 (+15.2%)

$4,014 + $15,836

$19,850

2013

$4,410 (−12.2%)

$4,014 + $15,836

$19,850

2012

$5,023 (+1.9%)

$4,496 + $19,408

$23,904

2011

$4,928 (−0.5%)

$4,496 + $19,408

$23,904

2010

$4,953 (+15.7%)

$4,496 + $19,408

$23,904

2009

$4,280 (+5.0%)

$2,408 + $20,846

$23,254

2008

$4,074 (+4.7%)

$3,853 + $27,401

$31,254

2007

$3,889

$3,853 + $27,401

$31,254

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

2022

Sq. Ft.

1,388

Year built

1992

Style

Townhouse

County

Cook County

APN

03164110121037

Parking Spaces

Basement

Accessible

HOA Dues

$449 /month

Garage

Yes

Features

Views, Waterfront, Pool

Last updated by owner on Dec 9, 2022.

Property details

Parking

Parking Information
# Of Cars: 2
# of Garage Spaces: 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)
Driveway: Asphalt

Interior

Bathroom Information
# of Baths (Full): 2
Bath Amenities: Double Sink

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3

Room Information
Room Type: Walk In Closet
Level: Second
Dimensions: 8 x 6
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 13 x 11
Window Treatments: Blinds,Curtains/Drapes
Flooring: Carpet

Room Information
Room Type: Bedroom 3
Level: Second
Dimensions: 17 x 11
Window Treatments: Blinds
Flooring: Carpet

Room Information
Room Type: Dining Room
Level: Second
Dimensions: 17 x 16
Window Treatments: None
Flooring: Wood Laminate

Room Information
Room Type: Kitchen
Type: Eating Area-Breakfast Bar,Updated Kitchen
Level: Second
Dimensions: 11 x 11
Window Treatments: None
Flooring: Ceramic Tile

Room Information
Room Type: Laundry
Level: Second
Dimensions: 8 x 6
Window Treatments: None
Flooring: Vinyl

Room Information
Room Type: Living Room
Level: Second
Dimensions: 19 x 12
Window Treatments: Curtains/Drapes
Flooring: Wood Laminate

Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 19 x 11
Window Treatments: Blinds,Curtains/Drapes
Flooring: Carpet
Bath: Full

Additional Rooms Information
Walk In Closet
Dining Room: Combined w/ LivRm
Basement Description: None
Laundry Features: In Unit

Interior Features
Interior Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan
# of Rooms: 6

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
CO Detectors, Ceiling Fan(s)

Exterior

Exterior Features
Exterior Features: Deck

Building Information
# Of Units in Building: 4
Living Area Source: Estimated
Exterior Building Type: Aluminum Siding,Brick
Age: 26-30 Years
Built Before 1978 (Y/N): No
Roof: Asphalt

Property Information
Property Type: Attached Single
Property Type: Townhouse-2 Story
Model: HARTFORD
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 03164110121037

Lot Information
Dimensions: INTEGRAL
Lot Features: Common Grounds, Pond(s), Water View
WaterfrontYN: Yes

Financial

Tax Information
Tax Annual Amount: $7,143.65
Tax Year: 2020

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Management: Manager On-site
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 999

Homeowners Association Information
Association Fee: $449
Association Fee Frequency: Monthly
Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Master Association Fee Frequency: Not Required
Association Amenities: Bike Room/Bike Trails, Exercise Room, On Site Manager/Engineer, Park, Party Room, Indoor Pool, Pool, Tennis Court(s)

School Information
Elementary School District: 23
Elementary School: Betsy Ross Elementary School
Middle Or Junior School District: 23
Middle Or Junior School: Macarthur Middle School
High School District: 214
High School: Wheeling High School

Location Information
Unit Floor Level: 2
Subdivision Name: Lake Arlington Towne
Township: Wheeling
Corporate Limits: Arlington Heights
Directions: Palatine Rd to Schoenbeck N to Towne Blvd W to Silver Lake South to 1940

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,388
Stories: —
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: —
Style: Townhouse
Year Built: 1992
Year Renovated: 2022
County: Cook County
APN: 03164110121037
HOA Dues: $449/month
Garage: Yes
Features: Views, Waterfront, Pool

Home facts updated by owner on Dec 9, 2022

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

K - 12
Preschool & daycare

Dwight D Eisenhower Elementary School

Public PreK-1 • Assigned • 0.1mi

Macarthur Middle School

Public 6-8 • Assigned • 0.1mi

9/10

Wheeling High School

Public 9-12 • Assigned • 1.1mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Arlington Heights, IL • 60004

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$391,000 – $473,000

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New listings for sale in 60004

NEW

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Private entry • Gas log fireplace • Eat-in kitchen

EARLY ACCESSCOMPASS COMING SOON

Unknown

2 beds2 baths1,700 sq ft

201 N Vail Ave #701, Arlington Heights, IL 60004

Redesigned kitchen • Italian cabinetry • Spa-style bathrooms

$550,000

3 beds2 baths1,792 sq ft

2503 E Sherwood Rd, Arlington Heights, IL 60004

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2117 E Gregory St, Arlington Heights, IL 60004

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14 E Heritage Ct E #14, Arlington Heights, IL 60004

Full bathrooms • Walk in closets • Cathedral ceiling

$760,000

4 beds2.5 baths2,140 sq ft

2806 N Dryden Pl, Arlington Heights, IL 60004

Remodeled bathrooms • Updated kitchen • New flooring

$392,000

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1948 N Stillwater Rd, Arlington Heights, IL 60004

Updated kitchen • Granite countertops • Soft-close cabinetry

Home values near 1940 N Silver Lake Rd

Data from public records.

Address	Redfin Estimate
1920 North Silver Lake Rd, Arlington Heights, IL 2 Beds \| 1.5 Baths \| - Sq. Ft.	$353,210
1911 North Silver Lake Rd, Arlington Heights, IL 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$359,632
1936 North Silver Lake Rd, Arlington Heights, IL 2 Beds \| 2.5 Baths \| - Sq. Ft.	$372,762
1928 North Silver Lake Rd, Arlington Heights, IL 2 Beds \| 2 Baths \| 1400 Sq. Ft.	$312,229

Address	Redfin Estimate
1916 North Silver Lake Rd, Arlington Heights, IL 2 Beds \| 2.5 Baths \| - Sq. Ft.	$404,306
1907 North Silver Lake Rd, Arlington Heights, IL 2 Beds \| 1 Baths \| 1300 Sq. Ft.	$340,737
1932 North Silver Lake Rd, Arlington Heights, IL 2 Beds \| 2.5 Baths \| - Sq. Ft.	$429,424
1936 North Silver Lake Rd Apt 1936, Arlington Heights, IL 2 Beds \| 2.5 Baths \| - Sq. Ft.	$391,133

Address	Redfin Estimate
1935 North Silver Lake Rd, Arlington Heights, IL 3 Beds \| 2 Baths \| 1500 Sq. Ft.	$387,597
1964 North Silver Lake Rd, Arlington Heights, IL 3 Beds \| 2 Baths \| - Sq. Ft.	$428,115
1956 North Silver Lake Rd, Arlington Heights, IL 2 Beds \| 1.5 Baths \| 1900 Sq. Ft.	$403,465
1947 North Silver Lake Rd Apt 1947, Arlington Heights, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$368,521

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not show owner updates. Learn more.

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