$228,500

711 E Falcon Drive #201, Arlington Heights, IL 60005

Active Under Contract

2 beds 2 baths 1,170 sqft (estimated) Built 1978 Residential MLS #MRD12691994 32 days on market

Listing courtesy of RE/MAX Top Performers · 847-295-0800 · hope@janeleehomes.com · MLS #MRD12691994 · Status: Active Under Contract

Welcome home to this beautifully maintained 2nd-floor end unit condo, offering peaceful, panoramic views of the pond and surrounding green space. Neutral interior tones provide a clean, move-in-ready canvas throughout - perfect for owner-occupants and investors alike. The spacious formal living/dining room flows out to a large private balcony through sliding doors - perfect for morning coffee or outdoor entertaining. The open kitchen features a breakfast bar, oak cabinetry, and stainless steel appliances, making it both functional and inviting. The master suite includes a full private bath, while the generously sized second bedroom offers built-in shelving, ideal for a home office or workspace. Excellent closet and storage space can be found throughout the home. Great investment opportunity - HOA allows rentals, making this an excellent addition to any rental portfolio or a low-maintenance turnkey option for owner-occupants. Enjoy an unbeatable location close to parks, top-rated schools, shopping, the Forest View Tennis Club, and easy interstate access. Residents also enjoy access to a community outdoor pool and scenic walking paths. This isn't just a house - it's your next home (or next investment)!

Property details

Interior

Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
Fireplaces: 0
Basement: None
Laundry: Common Area
Additional rooms: No additional rooms
Total rooms: 5

Building & exterior

Age: 41-50 Years
Stories: 2
Entry level: 2
Exterior: Brick
Exterior features: Balcony
Roof: Asphalt
Windows: Screens

Parking

Total spaces: 2
Parking details: Unassigned, Parking Lot, Yes, Other

Lot & location

Lot dimensions: COMMON
Lot description: Common Grounds, Landscaped, Mature Trees
Township: Elk Grove
County: Cook

Utilities

Heating: Baseboard
Cooling: Wall Unit(s)
Water: Lake Michigan
Sewer: Public Sewer

HOA & community

Assessment: $572 / monthly
Assessment includes: Heat, Water, Parking, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Amenities: Coin Laundry, Pool, Security Door Lock(s)
Pets: Cats OK, Dogs OK, Number Limit

Schools

Elementary: John Jay Elementary School (59)
Junior high: Holmes Junior High School (59)
High school: Rolling Meadows High School (214)

Taxes & terms

Annual taxes: $4,165 (2024)
Parcel number (PIN): 08153010051103
PIN: 08153010051103
Ownership: Condo
Possession: Closing
Special conditions: None
Listed: 6/30/2026

Rooms

Room	Size	Level	Flooring
Bedroom 2	12X11	Main	Carpet
Bedroom 3		N/A
Bedroom 4		N/A
Dining Room	14X10	Main	Carpet
Family Room		N/A
Kitchen	14X9	Main	Vinyl
Laundry		N/A
Living Room	22X16	Main	Carpet
Master Bedroom	17X11	Main	Carpet

What would this home cost per month?

Using this listing's actual tax bill (2024) and actual HOA assessment — adjust anything.

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Estimated monthly payment

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HOA / assessments

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Want to see this home?

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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