Located just minutes from the many world-class attractions of the Windy City, the Village of Arlington Heights provides a charming, family-oriented community feeling just 25 miles from all the fun and excitement of the Chicago metropolitan area. Arlington Heights is located in northwestern Cook County and is home to more than 75,000 residents. First settled by William Dunton in the mid-19th century, Arlington Heights has grown into a charming city with excellent schools, a thriving business district and many outstanding cultural and recreational attractions.
Village students are served by one of six school districts depending on age and location. The Arlington Heights Park District covers 16.2 square miles and maintains community parks, biking and walking paths, play lots, golf courses and much more. The Village also provides a teen center and a senior center to help meet the needs of its diverse population.
The Arlington Heights Historical Museum is a popular educational destination, while Arlington Park—owned by world-famous Churchill Downs Incorporated—provides a boost to the town's tourism industry. The crowning glory of the village is its refurbished Central Business District, which is home to art galleries, retail shops, unique clothing and jewelry stores and restaurants. Arlington Heights provides access to a wide range of alternative transportation, from bike paths and buses to the Metra subway system and Chicago Transit Authority trains.
The real estate market of this upscale suburban community is surprisingly diverse. Condominiums and townhouses throughout Arlington Heights are available from the low $100,000s to $420,000 for new, large properties located within the town's desirable downtown area. Single-family homes in Arlington Heights are available in a variety of styles, including ranch, Cape Cod and bungalow. Homes in neighborhoods such as Scarsdale, Ridge Park, and Ivy Hill are available from the mid-$100,000s. Large Victorian, Georgian or Colonial-style estate properties in areas such as Arlington Acres, Briars of Brittany and Scarsdale Estates are available for $750,000 and more. Prices for some homes exceed $1 million. Land and lots available for custom development are limited.
Arlington Heights Real Estate Stats and Trends for the week of August 15th, 2016: homes priced around $347,584 compared to $343,605 the previous week, showing a increase of more than +1%. For Wednesday, August 31st, the current national mortgage rate for a 30 year fixed mortgage is 3.41%; the 15 year fixed rate is at 2.69%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 3.78%, while the 15 year jumbo rate currently is at 3.45%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Arlington Heights IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Arlington Heights to help you find the best home!