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CondominiumResidential
$243,578$203 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $165,000 on May 30, 2007

703 E FALCON DR

ARLINGTON HEIGHTS, IL 60005
Building report
2
Beds
2
Baths
1,200 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.
14.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1978
Year BuiltThe year the home was originally built, according to county records.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$244K
$229K low$258K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$165,000 · May 30, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,017 (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.$19,974 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,006
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$16,968
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$15,530
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$199,740

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.40
25
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
4
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.
64
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.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

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
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCOOK
HeatingThe type of heating system in the home.Hot Water
CoolingThe type of cooling or air conditioning in the home.Window A/C
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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
John Jay Elementary SchoolC
Elementary · Grades KG–5 · 0.3 mi
M
Holmes Junior High SchoolA-
Middle · Grades 6–8 · 0.7 mi
H
Rolling Meadows High SchoolA-
High · Grades 9–12 · 2.7 mi

District: Community Consolidated School District 59

Neighborhood · ZIP 60005These 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.66
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.124
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.95%
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.6.2%
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.29,041
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,697 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$105,707
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$124,071
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%

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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

703 E Falcon Dr 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 less than 73% of homes in Arlington Heights 60005
  • Costs less per square foot than 90% of homes in Arlington Heights 60005
  • Smaller than 69% of homes in Arlington Heights 60005
  • Has a bigger lot than 98% of homes in Cook County
  • Newer than 80% of homes in Arlington Heights 60005

What homes are worth in Arlington Heights 60005

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

This home
$165K$1.2M

This home is worth more than 27% of homes in Arlington Heights 60005.

How it measures up in Arlington Heights 60005

The dot is this home. The mark in the middle is the typical home in Arlington Heights 60005.

Estimated value$243,578
CheaperTypical $453,918Pricier

Pricier than 27% of homes nearby

Price per ft²$203
CheaperTypical $309Pricier

Pricier than 10% of homes nearby

Living area1,200 ft²
SmallerTypical 1,547 ft²Bigger

Bigger than 31% of homes nearby

Lot size14.28 ac
SmallerTypical 0.24 acBigger

Bigger than 87% of homes nearby

Year built1978
OlderTypical 1970Newer

Newer than 80% of homes nearby

How 703 E Falcon Dr ranks against every home in each area.
MeasureThis homeArlington Heights 60005Cook County
Estimated valuepricier than$243,57827% of homes28% of homes
Price per ft²pricier than$20310% of homes31% of homes
Living areabigger than1,200 ft²31% of homes33% of homes
Lot sizebigger than14.28 ac87% of homes98% of homes
Year builtnewer than197880% of homes75% of homes

About 703 E Falcon Dr

How much is 703 E Falcon Dr, Arlington Heights, IL worth?

The TopHap Estimate for 703 E Falcon Dr, Arlington Heights, IL is $243,578 as of Sep 24, 2026. The likely range is $228,895 to $258,261. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 703 E Falcon Dr, Arlington Heights, IL last sell?

703 E Falcon Dr, Arlington Heights, IL last sold on May 30, 2007 for $165,000, according to the county's recorded deed.

How big is 703 E Falcon Dr, Arlington Heights, IL?

703 E Falcon Dr, Arlington Heights, IL has 2 bedrooms, 2 bathrooms and 1,200 square feet of living space.

When was 703 E Falcon Dr, Arlington Heights, IL built?

703 E Falcon Dr, Arlington Heights, IL was built in 1978, making it 48 years old. It is a condo/apartment home.

What schools serve 703 E Falcon Dr, Arlington Heights, IL?

703 E Falcon Dr, Arlington Heights, IL is assigned to John Jay Elementary School (elementary), rated C; Holmes Junior High School (middle), rated A-; Rolling Meadows High School (high), rated A-. All sit in Community Consolidated School District 59. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 703 E Falcon Dr, Arlington Heights, IL compare to other homes in Arlington Heights 60005?

Among the 10,596 homes in Arlington Heights 60005, it is worth more than 27% of them ($243,578 against a typical $453,918), its price per square foot is higher than 10% of them ($203 against a typical $309), it is bigger than 31% of them (1,200 ft² against a typical 1,547 ft²), its lot is bigger than 87% of them (14.28 ac against a typical 0.24 ac) and it is newer than 80% of them (1978 against a typical 1970). Measured against all of Cook County, it is worth more than 28% 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 703 E Falcon Dr, Arlington Heights, IL?

The 2023 property tax bill for 703 E Falcon Dr, Arlington Heights, IL was $4,017. The county assessed it at $19,974.

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