701 Rand Rd
Arlington Heights, IL 60004
2 bd 3 ba 1,687 sqft Built 2005 condos
Most recent sale
$280,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $280,000 | MLS #11382461 |
| May 14, 2022 | Price changed | $289,000 | MLS #11382461 |
| Apr 27, 2022 | Price changed | $299,000 | MLS #11382461 |
| Apr 22, 2022 | Listed | $319,000 | MLS #11382461 |
| Mar 11, 2020 | Listing removed | $1,900 | MRED |
| Sep 8, 2016 | Listing removed | $1,800 | MRED |
| Aug 25, 2016 | Listed for rent | $1,900 | MRED |
| Aug 2, 2016 | Listing removed | $1,900 | MRED |
| Jul 11, 2016 | Listed for rent | $1,900 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $22,810 | $2,152 | $24,962 | $6,833 |
| 2022 | $22,810 | $2,152 | $24,962 | $6,581 |
| 2021 | $20,543 | $298 | $20,841 | $6,273 |
| 2020 | $20,543 | $298 | $20,841 | $6,111 |
| 2019 | $22,835 | $298 | $23,133 | $6,073 |
| 2018 | $18,561 | $239 | $18,800 | $5,486 |
| 2017 | $18,561 | $239 | $18,800 | $5,421 |
| 2016 | $18,561 | $239 | $18,800 | $5,056 |
| 2015 | $12,729 | $1,016 | $13,745 | $4,058 |
| 2014 | $12,729 | $1,016 | $13,745 | $3,939 |
| 2013 | $13,286 | $1,016 | $14,302 | $3,996 |
| 2012 | $11,882 | $1,136 | $13,018 | $3,375 |
| 2011 | $13,577 | $1,136 | $14,713 | $3,640 |
| 2010 | $18,136 | $1,136 | $19,272 | $4,750 |
| 2009 | $20,921 | $1,195 | $22,116 | $4,991 |
| 2008 | $21,868 | $1,913 | $23,781 | $4,878 |
| 2007 | $18,468 | $1,913 | $20,381 | $4,144 |
Property facts
Year built
2005
Property type
condos
Stories
4
Beds
2
Baths
3
Living area
1,687 sqft
Lot size
—
ZIP code
60004
City
Arlington Heights
Street
Rand Rd
Coordinates
42.11925, -87.99133
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,037
Gross rental yield
13.02%
Implied cap rate
8.46%
Trend-extrapolated value
—
Frequently asked questions
When did 701 Rand Rd last sell?
701 Rand Rd most recently sold on Jun 17, 2022 for $280,000.
What is the current tax assessment for 701 Rand Rd?
The most recent total assessment for 701 Rand Rd (year 2023) is $24,962 with $6,833 in property tax.
How does 701 Rand Rd's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $280,000.
When was 701 Rand Rd built?
701 Rand Rd was built in 2005.
How does 701 Rand Rd compare to others on Rand Rd?
We track 8 other properties on Rand Rd. Browse the list under "Other properties on Rand Rd" to compare beds, baths, and sale history.
What are the property facts for 701 Rand Rd?
701 Rand Rd is a 2 bed, 3 bath, 1,687 sqft condos.
Is 701 Rand Rd a flip candidate?
No — 701 Rand Rd does not appear in our flips dataset.
Is 701 Rand Rd a tax-appeal candidate?
No — 701 Rand Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$602.9K
2026 Q4
$612.9K
ZIP 60004 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rand Rd