$5,399,999
Price
21,780 / 0.5
Lot Size / Acres

Description

Prime development opportunity! This is the LAST corner lot in the area surrounding the new BEARS stadium! The pro-business mayor of Arlington Heights who was a member of the prior planning board, is willing to hear all business opportunities for this lot. Request for a re-zoning and obtain your permit to build multiple businesses on this lot. Possibilities are endless for the wise investor - a Restaurant, Boutique Hotel, Gift Shops, Fast Food, Parking, to name a few. Research for development potential...Prime development opportunity! This is the LAST corner lot in the area surrounding the new BEARS stadium! The pro-business mayor of Arlington Heights who was a member of the prior planning board, is willing to hear all business opportunities for this lot. Request for a re-zoning and obtain your permit to build multiple businesses on this lot. Possibilities are endless for the wise investor - a Restaurant, Boutique Hotel, Gift Shops, Fast Food, Parking, to name a few. Research for development potential is strictly buyer's responsibility. Build your project in this Amazing location!
  1. Listed by Vencie Luna • Realta Real Estate
    P: (224)-628-6146 C: (224)-628-6146 vencie_luna@comcast.net

Property Details for 617 North Wilke Road

Area
Arlington Heights
Township
Wheeling
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Air Conditioning Type
None
Zoning
SINGL
LISTING UPDATED: 09/01/2025 12:07 AM

Property Details for 617 North Wilke Road

StatusActive
MLS #12456057
Days on Market120
Taxes$3,422 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.50 AC
CountyCook County

Location

Listing Courtesy of Realta Real Estate
Add your commute

Building Information for 617 North Wilke Road

Lot Size0.50 AC

Payment Calculator

$26,968 per month

30 year fixed, 6.28% Interest

Principal and Interest

$26,683

Property Taxes

$285

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 617 North Wilke Road

General Information
School Information
  • Elementary School District: 25
  • Elementary School: Westgate Elementary School
  • Jr High Middle School: South Middle School
  • High School District: 214
  • High School: Rolling Meadows High School
  • Middle Or Junior School District: 25
Location and General Information
  • Frontage Length: 100
  • Frontage Type: Public Road
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: None
  • Air Conditioning: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Connected, Water Nearby
Property/Lot Information
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 200 X 100
  • Approx Land Sq Footage: 20,000
  • Buildings on Land: No
  • Waterfront: No
  • General Information: Interstate Access
  • North Coordinate: 13
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 18
Property and Assessments
  • Possible Use: Residential, Other
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 4
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Residential
  • Known Existing Liens: None Known
  • Land Description: Cleared
  • Location: Corner
  • Rail Availability: None
  • Road Surface: None
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 617 North Wilke Road

DateEvent & SourcePriceAppreciation
Aug 26, 2025

Listed (Active)

MRED #12456057

$5,399,999
Sep 19, 2023

Sold (Public Record)

Public Record #1518850947

$265,000

+4.5% / yr

Sep 12, 2023

Sold

MRED #11826445

$265,000
Aug 12, 2023

Pending

MRED #11826445

Aug 12, 2023

Contingent

MRED #11826445

Jul 6, 2023

Listed (Active)

MRED #11826445

$299,000
Aug 9, 2018

Expired

MRED #09853762

$290,000
Feb 9, 2018

Listed (Active)

MRED #09853762

$290,000
Jun 28, 2016

Expired

MRED #08969117

$299,900
Jun 28, 2015

Listed (Active)

MRED #08969117

$299,900
Sep 30, 2010

Sold (Public Record)

Public Record #297403427

$150,000
DateEvent & SourcePrice
08/26/2025

Listed (Active)

MRED #12456057

$5,399,999
09/19/2023

Sold (Public Record)

Public Record #1518850947

$265,000

+4.5% / yr

09/12/2023

Sold

MRED #11826445

$265,000
08/12/2023

Pending

MRED #11826445

08/12/2023

Contingent

MRED #11826445

07/06/2023

Listed (Active)

MRED #11826445

$299,000
08/09/2018

Expired

MRED #09853762

$290,000
02/09/2018

Listed (Active)

MRED #09853762

$290,000
06/28/2016

Expired

MRED #08969117

$299,900
06/28/2015

Listed (Active)

MRED #08969117

$299,900
09/30/2010

Sold (Public Record)

Public Record #297403427

$150,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 617 North Wilke Road

Taxable ValueLand$12,500Additions-Total$12,500
Tax Record2023$3,422 ($285 / month)
Home Facts
Beds0Lot Size20,000 SqFtStyleMiscellaneous Vacant LandCountyCOOKAPN03-30-119-007

Schools near 617 North Wilke Road

This home is within Arlington Heights School District 25.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Westgate Elementary School
PublicK to 5

South Middle School
Public6 to 8

Rolling Meadows High School
Public9 to 12

Vanguard School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

617 North Wilke Road is a 0.5 ac of land for sale in Arlington Heights, IL 60005. This property was listed for sale on August 26, 2025 by Realta Real Estate, it's currently listed at $5,399,999. It has been on the market for a total of 120 days and was last sold on September 19, 2023. This listing's school districts are Arlington Heights School District 25, Township Hsd 214 School District. Nearby schools include Westgate Elementary School, South Middle School and Rolling Meadows High School. 617 North Wilke Road is a 0-bed, 0-bath, 0.5 ac of land on a 21,780 sq. ft. / 0.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realta Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/01/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.