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  3. Arlington Heights, IL
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  5. Towne Place
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Towne Place

201 N Vail Avenue, Arlington Heights, IL, 60004

YEAR BUILT

1995

# STORIES

8

# TOTAL UNITS

43

UNIT SIZE RANGE

2,050-2,150 sqft

Description

Towne Place stands tall at 201 N Vail Avenue in Arlington Heights. This high-rise building has 8 stories and holds a total of 43 units. Constructed in 1995, it provides a modern living space in a bustling neighborhood. The units vary in size from 2,050 to 2,150 square feet. Prices range from $486,500 to $510,000, making it appealing for different budgets. Over the past year, the average price per square foot was around $251. The market shows a solid average selling price of about $377,500. Living here comes with some nice perks. The building includes amenities such as an intercom system, elevators, and a party room. There’s also a sundeck for outdoor relaxation and a service elevator for convenience. The building caters to families by offering school bus access. It takes an average of 55 days for a unit to sell, giving buyers enough time to think. Nearby, Javier's and Village Grill of Arlington provide great dining options, and Parents Day Out offers educational services for children. The area is lively, with easy access to main roads. This location creates a nice blend of city life and community comfort. Towne Place is not too far from local parks and offers a friendly atmosphere.

Building ImageMLS ID #12258468
Building ImageMLS ID #12169518
Building Image
Building ImageView Listing

Towne Place

201 N Vail Avenue, Arlington Heights, IL, 60004

YEAR BUILT

1995

# STORIES

8

# TOTAL UNITS

43

UNIT SIZE RANGE

2,050-2,150 sqft

Description

Towne Place stands tall at 201 N Vail Avenue in Arlington Heights. This high-rise building has 8 stories and holds a total of 43 units. Constructed in 1995, it provides a modern living space in a bustling neighborhood. The units vary in size from 2,050 to 2,150 square feet. Prices range from $486,500 to $510,000, making it appealing for different budgets. Over the past year, the average price per square foot was around $251. The market shows a solid average selling price of about $377,500. Living here comes with some nice perks. The building includes amenities such as an intercom system, elevators, and a party room. There’s also a sundeck for outdoor relaxation and a service elevator for convenience. The building caters to families by offering school bus access. It takes an average of 55 days for a unit to sell, giving buyers enough time to think. Nearby, Javier's and Village Grill of Arlington provide great dining options, and Parents Day Out offers educational services for children. The area is lively, with easy access to main roads. This location creates a nice blend of city life and community comfort. Towne Place is not too far from local parks and offers a friendly atmosphere.

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Description

Towne Place stands tall at 201 N Vail Avenue in Arlington Heights. This high-rise building has 8 stories and holds a total of 43 units. Constructed in 1995, it provides a modern living space in a bustling neighborhood. The units vary in size from 2,050 to 2,150 square feet. Prices range from $486,500 to $510,000, making it appealing for different budgets. Over the past year, the average price per square foot was around $251. The market shows a solid average selling price of about $377,500. Living here comes with some nice perks. The building includes amenities such as an intercom system, elevators, and a party room. There’s also a sundeck for outdoor relaxation and a service elevator for convenience. The building caters to families by offering school bus access. It takes an average of 55 days for a unit to sell, giving buyers enough time to think. Nearby, Javier's and Village Grill of Arlington provide great dining options, and Parents Day Out offers educational services for children. The area is lively, with easy access to main roads. This location creates a nice blend of city life and community comfort. Towne Place is not too far from local parks and offers a friendly atmosphere.

Towne Place Market Stats Last 12 months

Avg. Listed Price$289,900($269/Sqft.)
Avg. Sale Price$377,500($251/Sqft.)
Year over year list priceDown Arrow39.29%
Year over year sale priceDown Arrow 21.16%
Total Listings1 Listed
Total sold2 Sold
Average Days on Market55 days
Average HOA fees per sqft$4 /monthly
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Market Stats

Year over year list priceDown Arrow39.29%
Year over year sale priceDown Arrow21.16%
Total Listings1 Listed
Total sold2 Sold
Average Days on Market55 days
Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Towne Place Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 709709204022692024-11-25
MLS#: 12154625 		Closed$455,000
Unit 807807185022382024-10-31
MLS#: 12169518 		Closed$510,000
Unit 708708200022252024-02-29
MLS#: 11956551 		Closed$486,500
Unit 708
708

2 Beds

2 Baths

2000 sqft

DateStatusPrice
2024-02-29Closed$486,500
MLS#: 11956551
Days On Market25
Unit 709
709

2 Beds

2 Baths

2040 sqft

DateStatusPrice
2024-11-25Closed$455,000
MLS#: 12154625
Days On Market69
Unit 807
807

2 Beds

2 Baths

1850 sqft

DateStatusPrice
2024-10-31Closed$510,000
MLS#: 12169518
Days On Market38
View Complete Unit Listing HistorySource By: MRED

Amenities

Towne Place boasts a variety of attractive amenities that enhance your living experience. Whether you want to socialize with neighbors or find a peaceful spot to relax, the sundeck and party room are perfect for gatherings. For your convenience, the building features service elevators and an intercom system, blending practicality with modern comforts. Imagine lounging on the sundeck or hosting game nights in a fun, communal atmosphere with your fellow residents!

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Amenities Description

Towne Place boasts a variety of attractive amenities that enhance your living experience. Whether you want to socialize with neighbors or find a peaceful spot to relax, the sundeck and party room are perfect for gatherings. For your convenience, the building features service elevators and an intercom system, blending practicality with modern comforts. Imagine lounging on the sundeck or hosting game nights in a fun, communal atmosphere with your fellow residents!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Sundeck

Sundeck

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Towne Place has straightforward building policies that make it easy for residents to focus on living their best lives. With no complex restrictions, you’ll appreciate the accessibility and comfort this community provides. It’s as if they’re saying, “Just move in and enjoy!”

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Towne Place$251/sqft.$4 /sqft.
201 N Vail St$251/sqft.$4 /sqft.
Wing Street Residences$331/sqft.$3 /sqft.
205 W Miner Street$201/sqft.$3 /sqft.
205 W Miner St$201/sqft.$3 /sqft.
151 W Wing St$317/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Towne Place.

Christian Liberty Academy

--
Private|Grades PK–12
502 W Euclid Ave|0.54 miles away

St James School

--
Private|Grades PK–8
820 N Arlington He...|0.69 miles away

South Middle School

A-
Public|Grades 6–8
400 S Highland Ave|0.82 miles away

Northwest Suburban Montessori School

--
Private|Grades PK–TKG
800 N Fernandez Av...|0.85 miles away

Miner School

--
Public|Grades –
1101 E Miner St|0.97 miles away

A Mother's Touch Creative Learning Center

--
Private|Grades PK–TKG
125 N Dryden Ave|0.99 miles away
Next

Schools

Christian Liberty Academy

--
Private|Grades PK–12
502 W Euclid Ave|Less than 1 Mile Away

St James School

--
Private|Grades PK–8
820 N Arlington He...|Less than 1 Mile Away

South Middle School

A-
Public|Grades 6–8
400 S Highland Ave|Less than 1 Mile Away

Northwest Suburban Montessori School

--
Private|Grades PK–TKG
800 N Fernandez Av...|Less than 1 Mile Away

Miner School

--
Public|Grades –
1101 E Miner St|Less than 1 Mile Away

A Mother's Touch Creative Learning Center

--
Private|Grades PK–TKG
125 N Dryden Ave|Less than 1 Mile Away

Windsor Elementary School

B+
Public|Grades KG–5
1315 E Miner St|1.19 Miles Away

St Peter Lutheran School

--
Private|Grades PK–8
111 W Olive St|1.19 Miles Away

Westgate Elementary School

B-
Public|Grades KG–5
500 S Dwyer Ave|1.31 Miles Away

St Viator High School

--
Private|Grades 9–12
1213 E Oakton St|1.31 Miles Away

Olive-Mary Stitt School

B
Public|Grades KG–5
303 E Olive St|1.32 Miles Away

Dryden Elementary School

B+
Public|Grades KG–5
722 S Dryden Pl|1.62 Miles Away

Thomas Middle School

B
Public|Grades 6–8
1430 N Belmont Ave|1.65 Miles Away

Sigwalt Cls Center

--
Public|Grades 12–12
2702 Sigwalt St|2.16 Miles Away

Patton Elementary School

A
Public|Grades KG–5
1616 N Patton Ave|2.23 Miles Away

Timber Ridge School

--
Public|Grades –
201 S Evanston Ave|2.25 Miles Away

Kimball Hill Elementary School

C
Public|Grades PK–6
2905 Meadow Dr|2.30 Miles Away

Carl Sandburg Jr High School

D
Public|Grades 7–8
2600 Martin Ln|2.30 Miles Away

Flower Garden Nursery School & Daycare Center

--
Private|Grades PK–KG
2420 E Rand Rd|2.33 Miles Away

Hersey High School-D/Hh High School Program

--
Public|Grades –
700 N Schoenbeck R...|2.42 Miles Away

John Hersey High School

A
Public|Grades 9–12
1900 E Thomas St|2.42 Miles Away

Prospect High School

A
Public|Grades 9–12
801 W Kensington R...|2.50 Miles Away

Westbrook Early Learning Center

--
Public|Grades PK–1
103 S Busse Rd|2.56 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Arlington Heights

0.1 miles away|2 min walk

Arlington Park

1.99 miles away|39 min walk

The Neighbourhood: Towne Place

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Towne Place Demographics

Age Demographics

0–14 Years

18.7%

15–29 Years

12.81%

30–44 Years

19.12%

45–59 Years

23.35%

60+ Years

26.01%

Commute

8.49%

Transit

1.64%

Walk

69.77%

Drive

0.3%

Bike

Housing Ownership

71.29%

Owner Occupied

28.71%

Rental Units

Household Types

Single Family
25.54%
Multi Family
6.26%
Single Person
38.03%
Multi Person
61.97%

Average Income

Household:$11,587,900.35 /yr

Individual:$6,112,868.79 /yr

Education

Bachelors Degree37.71%
High School College13.74%
Diploma5.64%
Post Graduate29.18%
Others13.72%
Next

Education

Diploma5.64%
Post Graduate29.18%
Others13.72%
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    Towne Place
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