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CondominiumResidential

701 W Rand Rd

ARLINGTON HEIGHTS, IL 60004
6.31 ac
Lot SizeThe size of the land the home sits on, from county records.
2005
Year BuiltThe year the home was originally built, according to county records.
Built 20054 floors54 units1,186–2,500 ft²
$22M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$407K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$210
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-39.1%vs the Arlington Heights ZIP median sale $/ft² ($344)

Sales Performance

$342K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+24.2%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
3
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
5.6%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+3.7%per yeartypical hold 8.5 yrsfrom 23 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20072010201220152018202120232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20072010201220152018202120232026

68 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$316K$382K$447K$513K1,186 ft²1,449 ft²1,712 ft²1,974 ft²2,237 ft²2,500 ft²
1 bd2 bd
1 bed
14 units
2 bed
40 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 0 ba · 2,018 ft²
3 units
2 bd · 0 ba · 2,448 ft²
3 units
One-off layouts
48 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$301K–$330K
10 units
$338K–$360K
4 units
$370K–$397K
6 units
$401K–$423K
18 units
$437K–$447K
6 units
$468K–$490K
7 units
$511K–$513K
2 units
$561K–$561K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$206/ft²
Floor 2
$234/ft²
Floor 3
$220/ft²
Floor 4
$222/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.59%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.24%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.10.3 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.44%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.33%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$387,027
Median tax billThe middle annual property tax bill among the building's units.$6,692
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 432Sep 1, 2026$265,000Unit 235Oct 2, 2025$341,500Unit 237Sep 25, 2025$389,000Unit 227Aug 29, 2025$317,500Unit 223Nov 18, 2024$275,000Unit 132Oct 10, 2024$270,000Unit 138May 15, 2024$340,000Unit 329Mar 7, 2024$351,000Unit 121Apr 21, 2023$317,000Unit 322Dec 22, 2022$302,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.43
42
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
62
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
67
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.9 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyCook
Lot (acres)The size of the land the home sits on, from county records.6.31
HeatingThe type of heating system in the home.None

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Greenbrier Elementary SchoolA
Elementary · Grades PK–5 · 0.4 mi
M
Thomas Middle SchoolA-
Middle · Grades 6–8 · 1.3 mi
H
Buffalo Grove High SchoolA
High · Grades 9–12 · 1.5 mi

District: Arlington Heights School District 25

Neighborhood · ZIP 60004These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.44
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.122
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.43

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.52,774
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,638 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$119,503
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$141,618
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

701 W Rand Rd Apt 121
2 bd · 2,018 ft²
$421K
701 W Rand Rd # 122
2 bd · 2 ba
$404K
701 W Rand Rd # 123
1 bd
$319K
701 W Rand Rd # 125
1 bd
$301K
701 W Rand Rd # 126
2 bd · 2,456 ft²
$484K
701 W Rand Rd # 127
2 bd
$401K
701 W Rand Rd # 128
1 bd
$348K
701 W Rand Rd # 129
2 bd
$396K
701 W Rand Rd # 131
1 bd
$321K
701 W Rand Rd # 132
1 bd
$304K
701 W Rand Rd # 135
1 bd
$322K
701 W Rand Rd # 136
2 bd · 2.5 ba
$490K
701 W Rand Rd # 137
2 bd · 2,038 ft²
$441K
701 W Rand Rd # 138
2 bd · 2,018 ft²
$403K
701 W Rand Rd # 221
2 bd
$447K
701 W Rand Rd # 222
2 bd · 2,018 ft²
$423K
701 W Rand Rd # 223
1 bd
$308K
701 W Rand Rd # 225
1 bd
$405K
701 W Rand Rd Apt 226
2 bd · 2,448 ft²
$482K
701 W Rand Rd # 227
2 bd
$338K
701 W Rand Rd # 228
1 bd
$391K
701 W Rand Rd # 229
2 bd
$421K
701 W Rand Rd # 230
2 bd
$404K
701 W Rand Rd Apt 232
1 bd · 1,196 ft²
$353K
701 W Rand Rd # 235
2 bd
$360K
701 W Rand Rd # 236
2 bd
$409K
701 W Rand Rd # 237
2 bd
$412K
701 W Rand Rd # 238
2 bd
$475K
701 W Rand Rd # 321
2 bd
$416K
701 W Rand Rd # 322
2 bd
$419K
701 W Rand Rd # 323
2 bd
$402K
701 W Rand Rd Apt 326
2 bd · 2,448 ft²
$513K
701 W Rand Rd # 327
2 bd
$446K
701 W Rand Rd Apt 328
1 bd · 1,186 ft²
$316K
701 W Rand Rd # 329
2 bd · 2,000 ft²
$417K
701 W Rand Rd # 330
2 bd
$397K
701 W Rand Rd # 331
1 bd
$309K
701 W Rand Rd # 332
2 bd
$402K
701 W Rand Rd Apt 335
2 bd · 2,500 ft²
$488K
701 W Rand Rd # 336
2 bd
$409K
701 W Rand Rd # 337
2 bd
$470K
701 W Rand Rd # 421
2 bd
$445K
701 W Rand Rd # 422
2 bd
$437K
701 W Rand Rd # 423
2 bd · 1,612 ft²
$370K
701 W Rand Rd Apt 426
2 bd · 2,448 ft²
$511K
701 W Rand Rd Apt 427
2 bd · 2,100 ft²
$468K
701 W Rand Rd # 428
1 bd
$314K
701 W Rand Rd # 429
2 bd
$417K
701 W Rand Rd Apt 430
2 bd · 1,667 ft²
$377K
701 W Rand Rd # 432
1 bd
$330K
701 W Rand Rd # 435
2 bd
$372K
701 W Rand Rd # 436
2 bd
$561K
701 W Rand Rd # 437
2 bd
$423K
701 W Rand Rd # 438
2 bd
$441K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 701 W Rand Rd

How many units are in 701 W Rand Rd, Arlington Heights, IL?

701 W Rand Rd, Arlington Heights, IL has 54 residential units across 4 floors, built in 2005, according to county assessor records.

What is a unit at 701 W Rand Rd, Arlington Heights, IL worth?

The median TopHap Estimate across the 54 units at 701 W Rand Rd, Arlington Heights, IL is $406,843. That works out to $210 per square foot. Units run from 1,186 to 2,500 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 701 W Rand Rd, Arlington Heights, IL expensive for Arlington Heights?

Units at 701 W Rand Rd, Arlington Heights, IL carry a median of $210 per square foot, 39% below the Arlington Heights median of $344 per square foot.

How often do units sell at 701 W Rand Rd, Arlington Heights, IL?

3 units at 701 W Rand Rd, Arlington Heights, IL sold in the last 12 months, out of 68 recorded arms-length sales all time. That is a turnover rate of 5.6% of the building per year. The median sale over that period was $342K.

Have units at 701 W Rand Rd, Arlington Heights, IL appreciated?

Across 23 repeat sales of the same unit, 701 W Rand Rd, Arlington Heights, IL returned a median 3.7% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 8.5 years.

What floor plans does 701 W Rand Rd, Arlington Heights, IL have?

The most common plan at 701 W Rand Rd, Arlington Heights, IL is a 2-bedroom of 2,018 square feet, repeated 3 times, with a median estimate of $421,268. TopHap identifies 2 recurring plans in the building.

More homes on W Rand Rd Apt 226

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Assigned schools

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