A warm and inviting show-stopper in the heart of Terramere, this one-of-kind family home is a short walk to top-ranking schools, parks, and shopping. Boasting a spacious open floor plan perfect for entertaining, this forever-home is an entertainer's dream, featuring a large, eat-in gourmet kitchen with stunning 9' granite island and countertops, 42" cherry wood cabinetry, spacious great room, and formal dining room. Upstairs, the master suite features tray ceilings, a spacious walk in closet, and Whirlpool tub for two. The upstairs also features a large bonus suite with vaulted ceilings and private bath, and two additional bedrooms and shared full bath, all offering plenty of space, storage, and new carpeting throughout. Fully finished basement includes a full bath with plentiful storage space and square footage. Additional amenities include first-floor laundry room and private office.
Single-familyProperty Type
1985Year Built
9,081 sq ftLot Size
$332Est. Price/Sq.Ft.
4 spacesParking
Listed by Murray Karbin• Summit Commercial Realty, Inc
Bought with Dale Logan• Coldwell Banker Realty
Source:MRED as Distributed by MLS Grid #10694198
Redfin Estimate
$826,066
$302K since sold in November 2020$34K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 22.1% higher than the average sale price ($677K) of 4 comparable homes.
Beautifully updated home with a great floor plan. Move in ready with high end finishes.
6 years ago• May not reflect the current state of the home
Chris Kartsunes
Redfin Associate agent
Very well-maintained custom home in the Terramere subdivision. Many updates throughout the whole entire home and it is move-in ready. Sunken family room has vaulted ceiling‘s as well as the master bedroom. Basement is mostly finished.
6 years ago• May not reflect the current state of the home
Kevin Feder
Redfin Associate agent
Sale history for 515 W Nichols Rd
Date
Event
Price
Public Records
Nov 17, 2020
Sold
$524,000
$211/sq ft
MRED as Distributed by MLS Grid #10694198
Aug 18, 2020
Sold (MLS) (Closed Sale)
$524,000
$211/sq ft
Jun 27, 2020
Pending (Contingent)
—
Apr 19, 2020
Listed (New)
$535,900
$215/sq ft
+20
A warm and inviting show-stopper in the heart of Terramere, this one-of-kind family home is a short walk to top-ranking schools, parks, and shopping. Boasting a spacious open floor plan perfect for entertaining, this forever-home is an entertainer's dream, featuring a large, eat-in gourmet kitchen with stunning 9' granite island and countertops, 42" cherry wood cabinetry, spacious great room, and formal dining room. Upstairs, the master suite features tray ceilings, a spacious walk in closet, and Whirlpool tub for two. The upstairs also features a large bonus suite with vaulted ceilings and private bath, and two additional bedrooms and shared full bath, all offering plenty of space, storage, and new carpeting throughout. Fully finished basement includes a full bath with plentiful storage space and square footage. Additional amenities include first-floor laundry room and private office.
Year
Property tax
Land + Additions
Assessment*
2023
$13,789 (+4.9%)
$13,622 + $43,379
$57,001
2022
$13,142 (−7.5%)
$11,351 + $32,648
$43,999
2021
$14,212 (+11.1%)
$7,491 + $33,591
$41,082
2020
$12,788
$7,491 + $33,591
$41,082
2019
$12,787 (+0.9%)
$7,491 + $37,904
$45,395
2018
$12,676 (+1.7%)
$6,583 + $34,124
$40,707
2017
$12,463 (+4.5%)
$6,583 + $34,124
$40,707
2016
$11,929 (−8.5%)
$6,583 + $34,124
$40,707
2015
$13,030 (+1.3%)
$5,675 + $35,347
$41,022
2014
$12,858 (+7.7%)
$5,675 + $35,347
$41,022
2013
$11,936 (−2.9%)
$5,675 + $35,347
$41,022
2012
$12,289 (+7.2%)
$6,356 + $40,111
$46,467
2011
$11,463 (+35.4%)
$6,356 + $40,111
$46,467
2010
$8,469 (−24.8%)
$6,356 + $40,111
$46,467
2009
$11,267 (+12.9%)
$6,583 + $44,554
$51,137
2008
$9,976 (+9.1%)
$10,533 + $44,454
$54,987
2007
$9,147
$10,533 + $44,454
$54,987
Tax history for 515 W Nichols Rd
Year
Property tax
Land + Additions
Assessment*
2023
$13,789 (+4.9%)
$13,622 + $43,379
$57,001
2022
$13,142 (−7.5%)
$11,351 + $32,648
$43,999
2021
$14,212 (+11.1%)
$7,491 + $33,591
$41,082
2020
$12,788
$7,491 + $33,591
$41,082
2019
$12,787 (+0.9%)
$7,491 + $37,904
$45,395
2018
$12,676 (+1.7%)
$6,583 + $34,124
$40,707
2017
$12,463 (+4.5%)
$6,583 + $34,124
$40,707
2016
$11,929 (−8.5%)
$6,583 + $34,124
$40,707
2015
$13,030 (+1.3%)
$5,675 + $35,347
$41,022
2014
$12,858 (+7.7%)
$5,675 + $35,347
$41,022
2013
$11,936 (−2.9%)
$5,675 + $35,347
$41,022
2012
$12,289 (+7.2%)
$6,356 + $40,111
$46,467
2011
$11,463 (+35.4%)
$6,356 + $40,111
$46,467
2010
$8,469 (−24.8%)
$6,356 + $40,111
$46,467
2009
$11,267 (+12.9%)
$6,583 + $44,554
$51,137
2008
$9,976 (+9.1%)
$10,533 + $44,454
$54,987
2007
$9,147
$10,533 + $44,454
$54,987
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-3
One Family Dwelling District
The purpose of the One Family Dwelling Districts is to provide for residential developments of predominantly single- family homes. These Districts should preserve the value of land and protect homes from adverse living conditions.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Property details
Interior
Basement Information
Basement Finish: Unfinished
Basement Type: Partial
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Multi-Level
Exterior Wall: Frame
Building Type: Residential
Property Information
Subdivision Name: TERRAMERE ARLINGTON UNIT6
Living Sq. Ft: 2,489
# of Stories: 2
Stories Type: 2
Legal Description: N2 S06 T42N R11E 3P
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,081
Legal Lot Number: 225
Acres: 0.2085
County Use Description: RESID 2 STORY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,489
Stories: 2.0
Lot Size: 9,081 square feet
Style: Single Family Residential
Year Built: 1985
Year Renovated: —
County: Cook County
APN: 03062010030000
Home facts updated by county records on Sep 15, 2026
Around this home
Schools
Henry W Longfellow Elementary School
Public K-5 • Assigned • 0.2mi
7/10
Cooper Middle School
Public 6-8 • Assigned • 0.4mi
7/10
Buffalo Grove High School
Public 9-12 • Assigned • 0.5mi
9/10
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 100° 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)
29
15
38
21
55
33
62
42
69
48
81
62
86
68
81
64
78
57
67
47
50
37
36
22
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
$785,000 – $950,000
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