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Regional: Shopping Center, Mall (W/Anchor)Commercial
Last sold for $6,225,000 on Sep 20, 2007

740 E RAND RD

ARLINGTON HEIGHTS, IL 60004
0
Baths
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1989
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$6,225,000 · Sep 20, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$31,039 (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.$98,239 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$38,959
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$59,280
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$113,383
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$392,956

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.46
59
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.23 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.Regional: Shopping Center, Mall (W/Anchor)
CountyCOOK
Lot (acres)The size of the land the home sits on, from county records.0.24
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

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
Ivy Hill Elementary SchoolA+
Elementary · Grades PK–5 · 0.5 mi
M
Thomas Middle SchoolA-
Middle · Grades 6–8 · 0.6 mi
H
John Hersey High SchoolA+
High · Grades 9–12 · 0.7 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%

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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

740 E Rand Rd 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.

  • Has a bigger lot than 70% of homes in Cook County
  • Newer than 88% 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.

Lot size0.24 ac
SmallerTypical 0.22 acBigger

Bigger than 61% of homes nearby

Year built1989
OlderTypical 1969Newer

Newer than 88% of homes nearby

How 740 E Rand Rd ranks against every home in each area.
MeasureThis homeArlington Heights 60004Cook County
Lot sizebigger than0.24 ac61% of homes70% of homes
Year builtnewer than198988% of homes83% of homes

About 740 E Rand Rd

When did 740 E Rand Rd, Arlington Heights, IL last sell?

740 E Rand Rd, Arlington Heights, IL last sold on Sep 20, 2007 for $6,225,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

When was 740 E Rand Rd, Arlington Heights, IL built?

740 E Rand Rd, Arlington Heights, IL was built in 1989, making it 37 years old.

What schools serve 740 E Rand Rd, Arlington Heights, IL?

740 E Rand Rd, Arlington Heights, IL is assigned to Ivy Hill 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 740 E Rand Rd, Arlington Heights, IL compare to other homes in Arlington Heights 60004?

Among the 17,857 homes in Arlington Heights 60004, its lot is bigger than 61% of them (0.24 ac against a typical 0.22 ac) and it is newer than 88% of them (1989 against a typical 1969). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 740 E Rand Rd, Arlington Heights, IL?

The 2023 property tax bill for 740 E Rand Rd, Arlington Heights, IL was $31,039. The county assessed it at $98,239.

More homes on E Rand Rd

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More homes in Arlington Heights 60004

Assigned schools

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