OFF MARKET

Off Market Apr 2025 for $935K

—

Est. refi paymentEst. refi $3,724/mo

•

6 ba

•

—

sq ft

2256 Nichols Rd, Arlington Heights, IL 60004

About this home

This six-unit (6) apartment building is part of the Country Glen Apartments community and features a unit mix of five (5) 2Bd/1Ba and one (1) 1Bd/1Ba apartments with spacious floor plans. The property benefits from association management that handles landscaping, snow removal, and scavenger services, making it a low-maintenance investment opportunity. Current rents at the property are below market, providing investors with an opportunity to increase rental income by nearly 10 percent in its as-is condition through market rent adjustments. Located near major transportation routes, retail centers, and suburban amenities, 2256 Nichols Road offers tenants convenience and accessibility. Arlington Heights' strong residential demand and vibrant community further enhance this property's appeal, making it an excellent value-add opportunity for investors.

Multi-familyProperty Type

1980Year Built

3,500 sq ftLot Size

Listed by Michael Masterson • Essex 312, LLC

Bought with Lynn Hayes • Berkshire Hathaway HomeServices American Heritage

Bought with Kimberly Strom • Berkshire Hathaway HomeServices American Heritage

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12296649

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 60004, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.7%

0.2% MoM

Median sale price

$505K

$3K MoM

Avg. days on market

41d

2 days MoM

Recently sold homes

209

13 MoM

New listings for sale

NEW 1 HR AGO
$569,800
3 beds2 baths1,723 sq ft
1011 N Haddow Ave, Arlington Heights, IL 60004
EARLY ACCESS
$719,000
4 beds2 baths— sq ft
1216 Mayfair Rd, Arlington Heights, IL 60004
$599,000
3 beds1.5 baths1,755 sq ft
1919 N Chestnut Ave, Arlington Heights, IL 60004
$425,000
3 beds3 baths1,952 sq ft
2641 N Greenwood Ave, Arlington Heights, IL 60004
$540,000
3 beds2 baths1,800 sq ft
2314 E Lillian Ln, Arlington Heights, IL 60004
$419,900
3 beds1 bath1,066 sq ft
1702 W Oakton St, Arlington Heights, IL 60004
VIDEO TOUR
$489,900
3 beds3.5 baths2,750 sq ft
933 W Essex Pl, Arlington Heights, IL 60004
EARLY ACCESS
$569,000
3 beds3 baths2,066 sq ft
2307 N Kennicott Dr, Arlington Heights, IL 60004
$960,000
4 beds3.5 baths2,372 sq ft
609 N Carlyle Ln, Arlington Heights, IL 60004
$469,998
2 beds1.5 baths1,674 sq ft
931 N Fernandez Ave, Arlington Heights, IL 60004
See all

Provided by Redfin

Sale history for 2256 Nichols Rd

Date

Event

Price

MRED as Distributed by MLS Grid #12296649

Apr 25, 2025

Sold (MLS) (Closed)

$935,000

Mar 6, 2025

Contingent (Contingent - No Showings)

—

Feb 24, 2025

Listed (Active)

$925,000

Public Records

Apr 9, 2021

Sold

$572,500

Public Records

Mar 17, 2015

Sold

$495,000

MRED as Distributed by MLS Grid #08790273

Dec 16, 2014

Pending

—

Dec 11, 2014

Price Changed

Nov 20, 2014

Listed (New)

MRED as Distributed by MLS Grid #08681796

Nov 20, 2014

Listing Removed

—

Oct 21, 2014

Price Changed

Oct 13, 2014

Price Changed

Sep 23, 2014

Price Changed

Sep 2, 2014

Price Changed (Price Change)

Aug 25, 2014

Price Changed (Price Change)

Jul 24, 2014

Listed (New)

Public Records

Sep 22, 2003

Sold

$650,000

Public Records

Feb 1, 1994

Sold

$291,500

Public Records

Jul 22, 1991

Sold

$265,500

** Price available after signing in.

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2023

$18,102 (+5.9%)

$2,178 + $58,351

$60,529

2022

$17,101 (+26.1%)

$2,178 + $58,351

$60,529

2021

$13,560 (+1.1%)

$1,843 + $41,329

$43,172

2020

$13,417 (−3.2%)

$1,843 + $41,329

$43,172

2019

$13,860 (+6.2%)

$1,843 + $48,183

$50,026

2018

$13,046 (−3.8%)

$1,675 + $42,437

$44,112

2017

$13,559 (+7.2%)

$1,675 + $45,026

$46,701

2016

$12,651 (+7.9%)

$1,675 + $45,026

$46,701

2015

$11,726 (+0.9%)

$1,507 + $38,774

$40,281

2014

$11,627 (+2.9%)

$1,507 + $38,774

$40,281

2013

$11,300 (−0.2%)

$1,507 + $38,774

$40,281

2012

$11,323 (+5.1%)

$1,759 + $42,500

$44,259

2011

$10,773 (+1.5%)

$1,759 + $42,500

$44,259

2010

$10,609 (−11.3%)

$1,759 + $42,500

$44,259

2009

$11,959 (+4.8%)

$1,843 + $53,150

$54,993

2008

$11,409 (+2.7%)

$2,948 + $54,940

$57,888

2007

$11,106

$2,948 + $54,940

$57,888

Tax history for 2256 Nichols Rd

Year

Property tax

Land + Additions

Assessment*

2023

$18,102 (+5.9%)

$2,178 + $58,351

$60,529

2022

$17,101 (+26.1%)

$2,178 + $58,351

$60,529

2021

$13,560 (+1.1%)

$1,843 + $41,329

$43,172

2020

$13,417 (−3.2%)

$1,843 + $41,329

$43,172

2019

$13,860 (+6.2%)

$1,843 + $48,183

$50,026

2018

$13,046 (−3.8%)

$1,675 + $42,437

$44,112

2017

$13,559 (+7.2%)

$1,675 + $45,026

$46,701

2016

$12,651 (+7.9%)

$1,675 + $45,026

$46,701

2015

$11,726 (+0.9%)

$1,507 + $38,774

$40,281

2014

$11,627 (+2.9%)

$1,507 + $38,774

$40,281

2013

$11,300 (−0.2%)

$1,507 + $38,774

$40,281

2012

$11,323 (+5.1%)

$1,759 + $42,500

$44,259

2011

$10,773 (+1.5%)

$1,759 + $42,500

$44,259

2010

$10,609 (−11.3%)

$1,759 + $42,500

$44,259

2009

$11,959 (+4.8%)

$1,843 + $53,150

$54,993

2008

$11,409 (+2.7%)

$2,948 + $54,940

$57,888

2007

$11,106

$2,948 + $54,940

$57,888

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,351 Sq. Ft.

Year renovated

—

Sq. Ft.

6,315

Year built

1980

Style

Multi-Family (5+ Unit)

County

Cook County

APN

02012000240000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

General Residence District

The R-8 General Residence District is intended to provide for high density residential developments. This district is intended to create a predominantly residential environment consisting of all types of residential structures, as well as schools, parks, churches and public facilities which serve the residents of the district. General commercial or industrial uses, except those enumerated, are prohibited. This district normally abuts major thoroughfares and expressways that provide direct access to the site and is typically located in or near high intensity areas of the County. Public or community utilities are required to service uses in this district.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Golf related
Sports arena / stadium
Park & open space

Property details

Interior

Unit Type 1 Information
# of Rooms: 6
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 5
Monthly Income: $1,400
Monthly Income Max: $1,625

Unit Type 2 Information
# of Rooms: 5
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $1,350
Monthly Income Max: $1,350

Exterior

Building Information
# of Units: 6
Built Before 1978 (Y/N): No

Property Information
Property Type: Multi Family 5+
Parcel Number: 02012000240000

Lot Information
Dimensions: 50X70

Financial

Tax Information
Tax Annual Amount: $18,102
Tax Year: 2023

Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 8.31
Total Monthly Income: $9,125
Gross Income: $109,500

Utilities

Heating & Cooling
Heat/Ventilation: Baseboard

Location

Location Information
Directions: Take I-90w, exit Arlington Heights Road, Turn onto Nichols Road

Public facts

Beds: 11
Baths: 6.0
Sq. Ft.: 6,315
Stories: 3.0
Lot Size: 3,351 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1980
Year Renovated: —
County: Cook County
APN: 02012000240000

Home facts updated by county records on Jul 10, 2026

Other

Expense Information
Water Sewer Expense: $4,200
Water Expense Source: Actual
Electric Expense: $600
Insurance Expense: $2,400

Listing Information
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: Lynn Hayes Team

Around this home

Schools

Virginia Lake Elementary School

Public PreK-5 • Assigned • 1.8mi

6/10

Winston Campus Junior High School

Public 6-8 • Assigned • 2.9mi

5/10

Palatine High School

Public 9-12 • Assigned • 1.5mi

8/10

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

3/10 Heat Factor

7 days above 101° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

3 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 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 60004

NEW 1 HR AGO

$569,800

3 beds2 baths1,723 sq ft

1011 N Haddow Ave, Arlington Heights, IL 60004

EARLY ACCESS

$719,000

4 beds2 baths— sq ft

1216 Mayfair Rd, Arlington Heights, IL 60004

$599,000

3 beds1.5 baths1,755 sq ft

1919 N Chestnut Ave, Arlington Heights, IL 60004

$425,000

3 beds3 baths1,952 sq ft

2641 N Greenwood Ave, Arlington Heights, IL 60004

$540,000

3 beds2 baths1,800 sq ft

2314 E Lillian Ln, Arlington Heights, IL 60004

$419,900

3 beds1 bath1,066 sq ft

1702 W Oakton St, Arlington Heights, IL 60004

VIDEO TOUR

$489,900

3 beds3.5 baths2,750 sq ft

933 W Essex Pl, Arlington Heights, IL 60004

EARLY ACCESS

$569,000

3 beds3 baths2,066 sq ft

2307 N Kennicott Dr, Arlington Heights, IL 60004

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Home values near 2256 Nichols Rd

Data from public records.

Address
2262 Nichols Road, Arlington Heights, IL 11 Beds \| 8.5 Baths \| 6480 Sq. Ft.
2252 Nichols Road, Arlington Heights, IL 11 Beds \| 6 Baths \| 6567 Sq. Ft.

Address
2284 Nichols Road, Arlington Heights, IL 11 Beds \| 6 Baths \| 6567 Sq. Ft.
2254 Nichols Road, Arlington Heights, IL 11 Beds \| 6 Baths \| 6567 Sq. Ft.

Address
2260 Nichols Road, Arlington Heights, IL 11 Beds \| 6 Baths \| 6567 Sq. Ft.
2286 Nichols Road, Arlington Heights, IL 11 Beds \| 6 Baths \| 6567 Sq. Ft.

Property information provided by MRED as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 60004, IL

Sale history for 2256 Nichols Rd

Tax history for 2256 Nichols Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60004

Home values near 2256 Nichols Rd

More real estate resources