SOLD AUG 28, 2026

Sold on aug 2026

$265,000

•

1,200

sq ft

701 W Rand Rd #432, Arlington Heights, IL 60004

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About this home

Welcome to maintenance-free living at its finest in the heart of Arlington Heights. This bright and inviting penthouse unit offers an effortless lifestyle with a layout designed for both comfort and easy entertaining. Step inside to find a sun-drenched living area that flows seamlessly toward a private and expansive balcony overlooking trees-the perfect spot for a morning coffee or an evening breeze. The kitchen is updated with white cabinets, stainless steel appliances and an expansive island, perfect for family dinners or entertaining. The primary bedroom is generously sized, including a spacious primary suite that serves as a peaceful retreat at the end of the day and views of the balcony. The den was converted to a second bedroom and can remain as such or be a flex space. Move right in and start making this space your own. The building provides excellent amenities, including a gym, party room, heated garage, and extra storage. Heat and water are included in the HOA. New washer and dryer installed, new quartz countertops, newly refinished cabinets with undermount lighting and bathtub resurfaced in the primary bathroom. Furnace is 3 years old and the building roof has just been replaced. The location is truly unbeatable. You're just moments away from a variety of local favorites, including grocery stores, popular dining spots, and plenty of shopping options. Commuting is a breeze with easy access to major expressways and the Metra nearby. This is a fantastic opportunity to enjoy everything Arlington Heights has to offer in a space that truly feels like home.

CondoProperty Type

2005Year Built

$221Price/Sq.Ft.

$479/moHOA Dues

1 car garageParking

Listed by Cristina Panagopoulos • Compass

Bought with Mariusz Bilotas • Four Daughters Real Estate

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12722584

Redfin Estimate

$285,120

$20K since sold in August 2026$8,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.7% lower than the average sale price ($316K) of 6 comparable homes.

SOLD AUG 31, 2026
$320,000
A
2 beds2 baths1,250 sq ft
1377 E Evergreen Dr #2, Palatine, IL 60074
SOLD SEP 10, 2026
$220,000
B
2 beds2 baths1,203 sq ft
6 Villa Verde Dr #201, Buffalo Grove, IL 60089
SOLD OCT 5, 2026
$400,000
C
2 beds2 baths1,500 sq ft
1630 N Douglas Ct N #1630, Arlington Heights, IL 60004
SOLD AUG 27, 2026
$375,000
D
2 beds2 baths2,000 sq ft
601 W Rand Rd #201, Arlington Heights, IL 60004
SOLD OCT 1, 2026
$350,000
E
2 beds2 baths1,247 sq ft
3278 N Carriageway Dr #0, Arlington Heights, IL 60004
SOLD OCT 9, 2026
$230,000
F
2 beds2 baths1,200 sq ft
35 S Baybrook Dr #610, Palatine, IL 60074

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Market trends in 60004, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.7%

0.6% MoM

Median sale price

$515K

$13K MoM

Avg. days on market

42d

1 days MoM

Recently sold homes

183

25 MoM

New listings for sale

NEW 5 HRS AGO
$640,000
4 beds2.5 baths1,500 sq ft
3123 N Stratford Rd, Arlington Heights, IL 60004
OPEN TODAY, 11AM TO 1PM
$385,000
3 beds2 baths1,680 sq ft
1671 N Courtland Dr #1671, Arlington Heights, IL 60004
NEW
$500,000
4 beds3 baths2,491 sq ft
910 E Cherry Ln, Arlington Heights, IL 60004
EARLY ACCESS
836 N Fernandez Ave, Arlington Heights, IL 60004
$599,900
3 beds2.5 baths2,189 sq ft
836 N Fernandez Ave, Arlington Heights, IL 60004
$217,900
2 beds1.5 baths1,400 sq ft
6 E Lillian Ave Unit 2B, Arlington Heights, IL 60004
$148,000
1 bed1 bath800 sq ft
1210 N Dale Ave Unit 2I, Arlington Heights, IL 60004
$824,900
5 beds2.5 baths2,425 sq ft
2703 N Ridge Ave, Arlington Heights, IL 60004
OPEN TODAY, 12PM TO 2PM
$224,900
1 bed1 bath850 sq ft
225 E Wing St #201, Arlington Heights, IL 60004
FOR SALE BY OWNER
$335,000
2 beds2 baths— sq ft
1508 W Pheasant Trail Dr, Arlington Heights, IL 60004
$674,900
4 beds2 baths2,573 sq ft
1216 E Mayfair Rd, Arlington Heights, IL 60004
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Rental estimate

Est. $2,402 per month, based on comparable rentals

Sale and tax history for 701 W Rand Rd #432

Sale History
Tax History

Date

Event

Price

MRED as Distributed by MLS Grid #12722584

Aug 28, 2026

Sold (MLS) (Closed)

$265,000

$221/sq ft

MRED as Distributed by MLS Grid #12714782

Aug 3, 2026

Listing Removed

—

MRED as Distributed by MLS Grid #12712071

Jul 24, 2026

Listing Removed

—

MRED as Distributed by MLS Grid #11330178

Feb 23, 2022

Contingent (Contingent - No Showings)

—

Feb 23, 2022

Listing Removed

—

MRED as Distributed by MLS Grid #11310872

Feb 22, 2022

Listing Removed

—

Public Records

Sep 25, 2014

Sold

$168,000

$140/sq ft

MRED as Distributed by MLS Grid #08578956

Sep 19, 2014

Sold (MLS) (Closed Sale)

$168,500

$140/sq ft

Jul 23, 2014

Pending

—

May 22, 2014

Price Changed (Price Change)

$179,900

$150/sq ft

May 22, 2014

Pending (Contingent (Do Not Show))

—

Apr 7, 2014

Listed (New)

$189,900

$158/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$4,041 (+4.6%)

$1,819 + $18,869

$20,688

2022

$3,864 (+9.1%)

$1,558 + $16,518

$18,076

2021

$3,541 (+0.7%)

$216 + $14,876

$15,092

2020

$3,516 (+0.5%)

$216 + $14,876

$15,092

2019

$3,498 (−12.0%)

$216 + $16,535

$16,751

2018

$3,973 (+1.2%)

$173 + $13,441

$13,614

2017

$3,926 (+7.2%)

$173 + $13,441

$13,614

2016

$3,662 (+24.6%)

$173 + $13,441

$13,614

2015

$2,938 (+3.0%)

$736 + $9,217

$9,953

2014

$2,853 (−1.4%)

$736 + $9,217

$9,953

2013

$2,893 (+18.4%)

$736 + $9,620

$10,356

2012

$2,444 (−7.3%)

$822 + $8,604

$9,426

2011

$2,636 (−23.4%)

$822 + $9,831

$10,653

2010

$3,440 (−4.8%)

$822 + $13,133

$13,955

2009

$3,614 (+2.3%)

$866 + $15,148

$16,014

2008

$3,532

$1,385 + $15,835

$17,220

2007

$1,385 + $16,982

$18,367

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

03182030091105

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 17, 2026.

Property details

Parking

Parking Information
# of Garage Spaces: 1
# of Parking (Total): 1
Parking Features: Asphalt, Garage Door Opener, Heated Garage, Garage Owned, Attached, Garage

Interior

Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1

Bedroom Information
# of Bedrooms: 1
# of Bedrooms Possible: 1

Room Information
Room Type: Den
Level: Main
Dimensions: 12 x 9
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Walk In Closet
Level: Main
Dimensions: 6 x 5
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Balcony/Porch/Lanai
Level: Main
Dimensions: 25 x 4
Window Treatments: None
Flooring: Other

Room Information
Room Type: Bedroom 2

Room Information
Room Type: Bedroom 3

Room Information
Room Type: Bedroom 4

Room Information
Room Type: Dining Room

Room Information
Room Type: Family Room

Room Information
Room Type: Kitchen
Type: Eating Area-Breakfast Bar,Custom Cabinetry,Granite Counters,SolidSurfaceCounter,Updated Kitchen
Level: Main
Dimensions: 11 x 15
Window Treatments: None
Flooring: Ceramic Tile

Room Information
Room Type: Laundry
Level: Main
Dimensions: 3 x 8
Window Treatments: None
Flooring: Other

Room Information
Room Type: Living Room
Level: Main
Dimensions: 16 x 19
Window Treatments: All
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 13 x 11
Window Treatments: All
Flooring: Carpet
Bath: Full

Additional Rooms Information
Dining Room: None
Laundry Features: Main Level, Washer Hookup, Gas Dryer Hookup, In Unit

Interior Features
Interior Features: 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), Granite Counters
# of Rooms: 4

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Exterior

Exterior Features
Exterior Features: Balcony

Building Information
# Of Units in Building: 55
Living Area Source: Builder
Age: 21-25 Years
Built Before 1978 (Y/N): No
Foundation Details: Concrete Perimeter
Construction Materials: Brick

Property Information
Entry Level: 4
Property Type: Attached Single
Property Type: Condo
Model: PENTHOUSE
Ownership: Condo
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 03182030091105

Lot Information
Dimensions: INTEGRAL

Financial

Tax Information
Tax Annual Amount: $4,255.48
Tax Year: 2024
Tax Exemptions: Homeowner

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Electric: Circuit Breakers
Utilities: Cable Available

Heating & Cooling
Heating: Natural Gas
Cooling: Central Air

Location

Community Information
Management: Manager Off-site
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK, Size Limit
Max Pet Weight: 25

Homeowners Association Information
Association Fee: $479
Association Fee Frequency: Monthly
Association Fee Includes: Water, Gas, Parking, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Master Association Fee Frequency: Not Required
Association Amenities: Exercise Room, Storage, Party Room

School Information
Elementary School District: 25
Elementary School: Greenbrier Elementary School
Middle Or Junior School District: 25
Middle Or Junior School: Thomas Middle School
High School District: 214
High School: Buffalo Grove High School

Location Information
Subdivision Name: Fountains of Arlington
Township: Wheeling
Corporate Limits: Arlington Heights
Directions: RAND DR WEST OF ARLINGTON HTS RD TO THE FOUNTAINS

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 03182030091105

Home facts updated by county records on Sep 17, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: Four Daughters Real Estate

About this building

No units for sale

701 W Rand Rd, Arlington Heights, IL 60004

See photos & sale trends

Photo via 701 W Rand Rd #321

Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

Greenbrier Elementary School

Public PreK-5 • Assigned • 0.3mi

9/10

Thomas Middle School

Public 6-8 • Assigned • 1.4mi

8/10

Buffalo Grove High School

Public 9-12 • Assigned • 1.5mi

9/10

Provided by GreatSchools

Climate risks

5/10 Flood Factor

Estimated 22-32% chance 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 27% for direct sun exposure in Arlington Heights. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.3 hrs

5.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$271,000 – $328,000

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New listings for sale in 60004

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Home values near 701 W Rand Rd #432

Data from public records.

Address	Redfin Estimate
701 West Rand Rd Apt 136, Arlington Heights, IL 2 Beds \| 2.5 Baths \| 2456 Sq. Ft.	$455,955
701 West Rand Rd Apt 321, Arlington Heights, IL 2 Beds \| 2 Baths \| 2018 Sq. Ft.	$409,425

Address	Redfin Estimate
701 West Rand Rd Apt 428, Arlington Heights, IL 1 Beds \| 1.5 Baths \| 1186 Sq. Ft.	$294,300
701 West Rand Rd Apt 237, Arlington Heights, IL 2 Beds \| 2 Baths \| 2018 Sq. Ft.	$405,531

Address	Redfin Estimate
701 West Rand Rd Apt 330, Arlington Heights, IL 2 Beds \| 2.5 Baths \| 1687 Sq. Ft.	$371,840
701 West Rand Rd Apt 323, Arlington Heights, IL - Beds \| - Baths \| - Sq. Ft.	$349,560

Property information provided by MRED as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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Market trends in 60004, IL

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Sale and tax history for 701 W Rand Rd #432

Public record

Property details

About this building

Unit Information Not Available

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60004

Home values near 701 W Rand Rd #432

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