505 S Cleveland Ave
505 S Cleveland, Arlington Heights, IL, 60005
Year Built
1972
# Stories
3
# Total Units
14
Unit Size Range
1,130-1,350 sqft
Unit Demand
Low
Unit Availability
Low
About 505 S Cleveland Ave
The building at 505 S Cleveland Ave sits in downtown Arlington Heights. It has 3 stories and includes 14 units. Each unit offers 2 bedrooms, with sizes ranging from 1,130 to 1,350 square feet. This low-rise structure was built in 1972, giving it a classic charm in a vibrant neighborhood. Units are priced between $225,000 and $240,000. Recent sales have shown that the average sold price is around $215,000, which means the price per square foot is about $169. The listings show that homes here spend about 20 days on the market, giving buyers a reasonable window for decisions. This building has nice amenities for residents. There’s a community swimming pool, a laundry area, and reserved parking available. Outdoor activities are also supported with nearby parks, tennis courts, and bike trails. This makes it a convenient spot for families and active individuals. Nearby, there are schools like Arlington Music Education Center and Breaking Ground In Music. These are great options for families wanting educational resources close by. The area also hosts local shops, making everyday errands easier. Access to transportation is another plus. The Metra station is close, offering a quick commute for those traveling further. Living here provides a comfortable lifestyle amid friendly neighbors and local conveniences. The building is also near some green spaces, perfect for a peaceful walk. All these features contribute to a welcoming community feeling in downtown Arlington Heights.
Amenities
This building doesn’t blink in the face of amenities. Imagine taking a break from your busy day to unwind by the pool or hitting up the tennis court for a friendly match. There’s also a bike room and access to fantastic bike trails, perfect for those sunny afternoons or for a fun way to stay fit. Plus, schools are nearby, making it an ideal choice if you’re looking to lay down roots.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
One thing to note is that 505 S Cleveland Ave is a pet-friendly haven, so your furry companion can join you in your new home! This is great news if you’re an animal lover looking to settle down in your own space without leaving your pets behind.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
505 S Cleveland Ave Market Report (last 12 months)
1.13%
2
20 3.37%
2505 S Cleveland Ave Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | 307 | - | 2 | 2 | 18 | 2025-03-28 MLS#: 12308605 | Closed | $240,000 |
 | 304 | - | 2 | 2 | 20 | 2024-11-14 MLS#: 12196973 | Closed | $220,000 |
 | 108 | 1200 | 2 | 2 | 33 | 2024-05-14 MLS#: 12026920 | Closed | $225,000 |
2 Beds
2 Baths
1200 sqft
| Date | Status | Price |
|---|---|---|
| 2024-05-14 | Closed | $225,000 |
2 Beds
2 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2024-11-14 | Closed | $220,000 |
2 Beds
2 Baths
0 sqft
| Date | Status | Price |
|---|---|---|
| 2025-03-28 | Closed | $240,000 |
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 Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 505 S Cleveland Ave | $169/sqft. | $3 /sqft. |
| Arlington Heights Park Manor | $169/sqft. | $3 /sqft. |
| Arlington Heights Park Manor | $187/sqft. | $4 /sqft. |
| 535 S Cleveland Ave | $205/sqft. | $3 /sqft. |
| Arlington Heights Park Manor | $228/sqft. | $3 /sqft. |
| 435 S Cleveland Ave | $228/sqft. | $3 /sqft. |
Nearby Schools
Discover top-rated schools located close to 505 S Cleveland Ave.
Dryden Elementary School
B+Windsor Elementary School
B+A Mother's Touch Creative Learning Center
--Miner School
--Westbrook Early Learning Center
--Timber Ridge School
--
View nearby schools
Schools
Dryden Elementary School
B+Windsor Elementary School
B+A Mother's Touch Creative Learning Center
--Miner School
--Westbrook Early Learning Center
--Timber Ridge School
--South Middle School
A-Prospect High School
AFairview Elementary School
BSt Viator High School
--St James School
--Forest View Elementary School
A-Christian Liberty Academy
--Lincoln Middle School
B-Westgate Elementary School
B-The Early Learning Center
--Flower Garden Nursery School & Daycare Center
--Holmes Jr High School
BJuliette Low Elementary School
C+St Raymond School
--Northwest Suburban Montessori School
--Olive-Mary Stitt School
BSt Peter Lutheran School
--Dwight D Eisenhower Elementary School
--Arlington Montessori School
--Thomas Middle School
BSt Paul Lutheran School
--Transit
Experience convenience and connectivity with premium transit options just moments away.
Arlington Heights
Main/Memory
Main/Gregory
Main/Highland
Main/Judith Ann
Main/Isabella
View nearby transit options
Transit
Arlington Heights
Main/Memory
Main/Gregory
Main/Highland
Main/Judith Ann
Main/Isabella
Main/Thayer
Elmhurst/Kensington
Main/Kensington
Elmhurst/Rand
Main/Henry
Golf Rd & Goebbert Rd
Elmhurst/Randhurst Mall
Randhurst Village (Elmhurst Rd & Meadow Ln)
Main/Central
Golf Rd & Meier Rd
45 E Golf Rd
372 E Golf Rd
Main/Busse
Golf Rd & Arlington Heights Rd
Northwest Hwy./Main
Elmhurst/Euclid
Mt. Prospect
Golf Rd & Oakwood Dr
61 W Golf Rd
Northwest Hwy./Emerson/Mt. Prospect Metra
Golf Rd & Milbrook Ln
Golf Rd & Busse Rd
Golf Rd & Busse Rd (@ 1731 Golf Rd)
Elmhurst/Hawthorne
Northwest Hwy./Maple
Elmhurst/Mars
Golf Rd & Robert Dr
The Neighborhood:
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