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Single Family ResidenceResidential
$778,193$224 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 74How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $880,000 on Nov 17, 2008

1240 N RACE AVE

ARLINGTON HEIGHTS, IL 60004
4
Beds
2.5
Baths
3,468 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.2 ac
Lot SizeThe size of the land the home sits on, from county records.
2009
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$778K
$572K low$984K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$880,000 · Nov 17, 2008
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$0
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$0
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.150%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$410,000
PACOR MORTGAGE CORP · recorded May 11, 2010
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$376,500
NEWCASTLE HOME LOANS LLC
3rd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$250,000

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$20,412 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$101,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,841
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$93,159
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$80,532
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,010,000

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.34
1
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.
61
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
66
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.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCOOK
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(8)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Patton Elementary SchoolA+
Elementary · Grades KG–5 · 0.7 mi
M
Thomas Middle SchoolA-
Middle · Grades 6–8 · 1.3 mi
H
John Hersey High SchoolA+
High · Grades 9–12 · 2.3 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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

How this home compares

1240 N Race Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 90% of homes in Arlington Heights 60004
  • Costs less per square foot than 87% of homes in Arlington Heights 60004
  • Bigger than 95% of homes in Arlington Heights 60004
  • Has a smaller lot than 71% of homes in Arlington Heights 60004
  • Newer than 98% of homes in Cook County

What homes are worth in Arlington Heights 60004

Each bar is how many homes fall in that price range. The marker is this home.

This home
$155K$1.2M

This home is worth more than 90% of homes in Arlington Heights 60004.

How it measures up in Arlington Heights 60004

The dot is this home. The mark in the middle is the typical home in Arlington Heights 60004.

Estimated value$778,193
CheaperTypical $487,912Pricier

Pricier than 90% of homes nearby

Price per ft²$224
CheaperTypical $295Pricier

Pricier than 13% of homes nearby

Living area3,468 ft²
SmallerTypical 1,696 ft²Bigger

Bigger than 95% of homes nearby

Lot size0.2 ac
SmallerTypical 0.21 acBigger

Bigger than 29% of homes nearby

Year built2009
OlderTypical 1970Newer

Newer than 97% of homes nearby

How 1240 N Race Ave ranks against every home in each area.
MeasureThis homeArlington Heights 60004Cook County
Estimated valuepricier than$778,19390% of homes90% of homes
Price per ft²pricier than$22413% of homes40% of homes
Living areabigger than3,468 ft²95% of homes93% of homes
Lot sizebigger than0.2 ac29% of homes63% of homes
Year builtnewer than200997% of homes98% of homes

About 1240 N Race Ave

How much is 1240 N Race Ave, Arlington Heights, IL worth?

The TopHap Estimate for 1240 N Race Ave, Arlington Heights, IL is $778,193 as of Jul 14, 2026. The likely range is $572,039 to $984,347. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1240 N Race Ave, Arlington Heights, IL last sell?

1240 N Race Ave, Arlington Heights, IL last sold on Nov 17, 2008 for $880,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 1240 N Race Ave, Arlington Heights, IL?

1240 N Race Ave, Arlington Heights, IL has 4 bedrooms, 2.5 bathrooms, 3,468 square feet of living space and a 0.20-acre lot.

When was 1240 N Race Ave, Arlington Heights, IL built?

1240 N Race Ave, Arlington Heights, IL was built in 2009, making it 17 years old. The building has 2 stories.

What schools serve 1240 N Race Ave, Arlington Heights, IL?

1240 N Race Ave, Arlington Heights, IL is assigned to Patton Elementary School (elementary), rated A+; Thomas Middle School (middle), rated A-; John Hersey High School (high), rated A+. All sit in Arlington Heights School District 25. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1240 N Race Ave, Arlington Heights, IL compare to other homes in Arlington Heights 60004?

Among the 17,856 homes in Arlington Heights 60004, it is worth more than 90% of them ($778,193 against a typical $487,912), its price per square foot is higher than 13% of them ($224 against a typical $295), it is bigger than 95% of them (3,468 ft² against a typical 1,696 ft²), its lot is bigger than 29% of them (0.2 ac against a typical 0.21 ac) and it is newer than 97% of them (2009 against a typical 1970). Measured against all of Cook County, it is worth more than 90% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1240 N Race Ave, Arlington Heights, IL?

The 2023 property tax bill for 1240 N Race Ave, Arlington Heights, IL was $20,412. The county assessed it at $101,000.

Closest homes

More homes in Arlington Heights 60004

Assigned schools

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