$700,000

501 N Douglas Avenue, Arlington Heights, IL 60004

Active Under Contract
5 beds 3 baths 2,356 sqft (assessor) Built 1951 Residential MLS #MRD12655562 32 days on market
Listing courtesy of @properties Christie's International Real Estate · 847-797-0200 · MLS #MRD12655562 · Status: Active Under Contract
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".

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Gas Oven, Humidifier
Interior features
Walk-In Closet(s), Separate Dining Room
Flooring
Hardwood, Carpet
Fireplaces
1
Fireplace details
Gas Starter
Basement
Finished, Full
Laundry
Gas Dryer Hookup
Additional rooms
Breakfast Room, Recreation Room, Exercise Room, Utility Room-Lower Level, Walk In Closet, Bedroom 5
Total rooms
12

Building & exterior

Style
Cape Cod
Age
71-80 Years
Exterior
Aluminum Siding, Brick
Roof
Asphalt
Other structures
Shed(s)

Parking

Garage spaces
1
Total spaces
1
Parking details
Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage

Lot & location

Lot dimensions
140 x 56
Township
Wheeling
County
Cook

Utilities

Heating
Natural Gas
Cooling
Central Air
Water
Lake Michigan
Sewer
Public Sewer
Electricity
Circuit Breakers, 200+ Amp Service
Equipment
CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Security Cameras, Water Heater-Gas

HOA & community

Assessment includes
None
Community features
Curbs, Sidewalks, Street Lights, Street Paved

Schools

Elementary
Windsor Elementary School (25)
Junior high
South Middle School (25)
High school
Prospect High School (214)

Taxes & terms

Annual taxes
$9,275 (2023)
Parcel number (PIN)
03294130050000
PIN
03294130050000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
6/29/2026

Rooms

RoomSizeLevelFlooring
Breakfast Room8X12MainHardwood
Recreation Room23X17BasementCarpet
Exercise Room21X19BasementOther
Utility Room-Lower Level12X27BasementOther
Walk In Closet5X18SecondCarpet
Bedroom 510X13MainHardwood
Bedroom 210X12SecondCarpet
Bedroom 39X18SecondHardwood
Bedroom 49X12SecondHardwood
Dining Room12X11MainHardwood
Family Room15X18MainHardwood
Kitchen9X15MainLinoleum
Laundry12X12BasementOther
Living Room14X18MainHardwood
Master Bedroom13X18SecondCarpet

What would this home cost per month?

Using this listing's actual tax bill (2023) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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