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  3. Arlington Heights, IL
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  5. 505 S Cleveland Ave
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505 S Cleveland Ave

505 S Cleveland Ave Unit 303, Arlington Heights, IL, 60005 |Arlington Heights Park Manor

YEAR BUILT

1972

# STORIES

3

# TOTAL UNITS

15

UNIT SIZE RANGE

1,130-1,350 sqft

Description

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.

Building ImageMLS ID #12308605
Building ImageMLS ID #12300992
Building Image
Building ImageView Listing

505 S Cleveland Ave

505 S Cleveland Ave Unit 303, Arlington Heights, IL, 60005

|Arlington Heights Park Manor

YEAR BUILT

1972

# STORIES

3

# TOTAL UNITS

15

UNIT SIZE RANGE

1,130-1,350 sqft

Description

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.

Next

Description

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.

505 S Cleveland Ave Market Stats Last 12 months

Avg. Listed Price$218,300($182/Sqft.)
Avg. Sale Price$215,000($169/Sqft.)
Year over year list priceDown Arrow2.98%
Year over year sale priceDown Arrow 3.37%
Total Listings3 Listed
Total sold2 Sold
Average Days on Market20 days
Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceDown Arrow2.98%
Year over year sale priceDown Arrow3.37%
Total Listings3 Listed
Total sold2 Sold
Average Days on Market20 days
Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
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

Medium
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

505 S Cleveland Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 307307-22182025-03-28
MLS#: 12308605 		Closed$240,000
Unit 304304-22202024-11-14
MLS#: 12196973 		Closed$220,000
Unit 108108120022332024-05-14
MLS#: 12026920 		Closed$225,000
Unit 108
108

2 Beds

2 Baths

1200 sqft

DateStatusPrice
2024-05-14Closed$225,000
MLS#: 12026920
Days On Market33
Unit 304
304

2 Beds

2 Baths

0 sqft

DateStatusPrice
2024-11-14Closed$220,000
MLS#: 12196973
Days On Market20
Unit 307
307

2 Beds

2 Baths

0 sqft

DateStatusPrice
2025-03-28Closed$240,000
MLS#: 12308605
Days On Market18
View Complete Unit Listing HistorySource By: MRED

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.

Next

Amenities Description

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

Amenities

Elevator(s)

Elevator(s)

Pool

Pool

In Ground Pool

In Ground Pool

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Balcony

Balcony

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.

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)
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+
Public|Grades KG–5
722 S Dryden Pl|0.53 miles away

Windsor Elementary School

B+
Public|Grades KG–5
1315 E Miner St|0.82 miles away

A Mother's Touch Creative Learning Center

--
Private|Grades PK–TKG
125 N Dryden Ave|0.84 miles away

Miner School

--
Public|Grades –
1101 E Miner St|0.84 miles away

Westbrook Early Learning Center

--
Public|Grades PK–1
103 S Busse Rd|1.14 miles away

Timber Ridge School

--
Public|Grades –
201 S Evanston Ave|1.16 miles away
Next

Schools

Dryden Elementary School

B+
Public|Grades KG–5
722 S Dryden Pl|Less than 1 Mile Away

Windsor Elementary School

B+
Public|Grades KG–5
1315 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

Miner School

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

Westbrook Early Learning Center

--
Public|Grades PK–1
103 S Busse Rd|1.14 Miles Away

Timber Ridge School

--
Public|Grades –
201 S Evanston Ave|1.16 Miles Away

South Middle School

A-
Public|Grades 6–8
400 S Highland Ave|1.28 Miles Away

Prospect High School

A
Public|Grades 9–12
801 W Kensington R...|1.35 Miles Away

Fairview Elementary School

B
Public|Grades 2–5
300 N Fairview Ave|1.48 Miles Away

St Viator High School

--
Private|Grades 9–12
1213 E Oakton St|1.79 Miles Away

St James School

--
Private|Grades PK–8
820 N Arlington He...|1.83 Miles Away

Forest View Elementary School

A-
Public|Grades KG–5
1901 W Estates Dr|1.95 Miles Away

Christian Liberty Academy

--
Private|Grades PK–12
502 W Euclid Ave|1.98 Miles Away

Lincoln Middle School

B-
Public|Grades 6–8
700 W Lincoln St|2.00 Miles Away

Westgate Elementary School

B-
Public|Grades KG–5
500 S Dwyer Ave|2.12 Miles Away

The Early Learning Center

--
Public|Grades PK–PK
1900 W Lonnquist B...|2.12 Miles Away

Flower Garden Nursery School & Daycare Center

--
Private|Grades PK–KG
2420 E Rand Rd|2.12 Miles Away

Holmes Jr High School

B
Public|Grades 6–8
1900 W Lonnquist B...|2.13 Miles Away

Juliette Low Elementary School

C+
Public|Grades KG–5
1530 S Highland Av...|2.25 Miles Away

St Raymond School

--
Private|Grades PK–8
300 S Elmhurst Ave|2.29 Miles Away

Northwest Suburban Montessori School

--
Private|Grades PK–TKG
800 N Fernandez Av...|2.30 Miles Away

Olive-Mary Stitt School

B
Public|Grades KG–5
303 E Olive St|2.34 Miles Away

St Peter Lutheran School

--
Private|Grades PK–8
111 W Olive St|2.42 Miles Away

Dwight D Eisenhower Elementary School

--
Public|Grades PK–1
700 N Schoenbeck R...|2.52 Miles Away

Arlington Montessori School

--
Private|Grades PK–T1
2025 S Goebbert Rd|2.55 Miles Away

Thomas Middle School

B
Public|Grades 6–8
1430 N Belmont Ave|2.66 Miles Away

St Paul Lutheran School

--
Private|Grades PK–8
18 S School St|2.67 Miles Away

Transit

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

Arlington Heights

1.37 miles away|27 min walk

Main/Memory

2.15 miles away|42 min walk

Main/Gregory

2.15 miles away|42 min walk

Main/Highland

2.16 miles away|42 min walk

Main/Judith Ann

2.17 miles away|42 min walk

Main/Isabella

2.17 miles away|42 min walk
Next

Transit

Arlington Heights

1.37 miles away|27 min walk

Main/Memory

2.15 miles away|42 min walk

Main/Gregory

2.15 miles away|42 min walk

Main/Highland

2.16 miles away|42 min walk

Main/Judith Ann

2.17 miles away|42 min walk

Main/Isabella

2.17 miles away|42 min walk

Main/Thayer

2.2 miles away|43 min walk

Elmhurst/Kensington

2.2 miles away|43 min walk

Main/Kensington

2.22 miles away|43 min walk

Elmhurst/Rand

2.22 miles away|43 min walk

Main/Henry

2.24 miles away|43 min walk

Golf Rd & Goebbert Rd

2.26 miles away|44 min walk

Elmhurst/Randhurst Mall

2.28 miles away|44 min walk

Randhurst Village (Elmhurst Rd & Meadow Ln)

2.29 miles away|44 min walk

Main/Central

2.29 miles away|44 min walk

Golf Rd & Meier Rd

2.3 miles away|45 min walk

45 E Golf Rd

2.35 miles away|46 min walk

372 E Golf Rd

2.36 miles away|46 min walk

Main/Busse

2.38 miles away|46 min walk

Golf Rd & Arlington Heights Rd

2.4 miles away|46 min walk

Northwest Hwy./Main

2.42 miles away|47 min walk

Elmhurst/Euclid

2.43 miles away|47 min walk

Mt. Prospect

2.47 miles away|48 min walk

Golf Rd & Oakwood Dr

2.48 miles away|48 min walk

61 W Golf Rd

2.49 miles away|48 min walk

Northwest Hwy./Emerson/Mt. Prospect Metra

2.5 miles away|48 min walk

Golf Rd & Milbrook Ln

2.53 miles away|49 min walk

Golf Rd & Busse Rd

2.53 miles away|49 min walk

Golf Rd & Busse Rd (@ 1731 Golf Rd)

2.54 miles away|49 min walk

Elmhurst/Hawthorne

2.57 miles away|50 min walk

Northwest Hwy./Maple

2.61 miles away|51 min walk

Elmhurst/Mars

2.69 miles away|52 min walk

Golf Rd & Robert Dr

2.69 miles away|52 min walk

The Neighbourhood: 505 S Cleveland Ave

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505 S Cleveland Ave Demographics

Age Demographics

0–14 Years

21.51%

15–29 Years

11.77%

30–44 Years

20.42%

45–59 Years

22.56%

60+ Years

23.74%

Commute

7.16%

Transit

1.86%

Walk

75.07%

Drive

0.37%

Bike

Housing Ownership

73.1%

Owner Occupied

26.9%

Rental Units

Household Types

Single Family
30.29%
Multi Family
7.64%
Single Person
28.43%
Multi Person
71.57%

Average Income

Household:$11,597,053.5 /yr

Individual:$5,459,568.67 /yr

Education

Bachelors Degree36.8%
High School College15.58%
Diploma6.63%
Post Graduate25.87%
Others15.12%
Next

Education

Diploma6.63%
Post Graduate25.87%
Others15.12%
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    505 S Cleveland Ave
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