1140 S Pine Ave

Arlington Heights, IL 60005
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4 bd, 3 ba | 2,600 sqft | Built in 1989

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List Price
$619,900

Initial Investment

$168,923

Purchase Price

$619,900

Down Payment

25%

Rent

$3,390

Total Return

$21,836

Annualized Return

2.0%

Cap Rate

2.7%

Gross Yield

6.6%

Cash Flow

-$18,684

Appreciation

3.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,250

HOA

None

Flood Risk

Not Required

Welcome to 1140 S Pine, a stunning and fully updated home nestled in the desirable south corner of Arlington Heights! This beautiful and turn-key ready 4-bedroom, 2.5-bath home with a finished basement offers 2,600 square feet of thoughtfully designed living space. Located in a prime area, it feeds into the highly rated Dryden Elementary School and Rolling Meadows High School. Step through the front door and feel welcomed by an abundance of natural East/West exposure beaming off the rich dark brown hardwood flooring that runs throughout the main level. An expansive living room is perfect for accommodating a large sectional that invites you to unwind and relax. The open-concept kitchen boasts high-end stainless steel appliances, sleek dark wood cabinets, and modern floor tiles, creating a stylish and functional cooking space. Recessed lighting is well-placed throughout the home for a bright and contemporary feel. The dining room, tucked away from the main living area, offers versatility as a formal dining space, home office, or play area. Upstairs, four spacious bedrooms provide ample room for rest and relaxation, complemented by two modern full bathrooms. The primary room is large and features a spa-like ensuite with modern tiling, a large soaker tub and standing shower. The finished basement expands your living options, offering the perfect space for a family room, game area, or additional storage. Outside, the fully fenced backyard is easy to maintain and provides a private outdoor retreat. Recent upgrades include Exterior (roof, siding, gutters, fascia - 2021), AC (2018), interior gutted and rehabbed (2015). Conveniently located near the vibrant downtown areas of Arlington Heights, Schaumburg, and Rolling Meadows, this home is also just minutes from Busse Woods, the Metra, and major highways (I-90/I-290), ensuring an effortless commute. This home is truly a gem-move-in ready and waiting for you!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$38,646

Expenses

-$6,879

Property Taxes

-$16,750

Loan Payments

-$33,701

Net Cash Flow

-$18,684

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Angela Lim
Agent License 471021753
L6 Realty LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMidwest Real Estate Data LLC (MRED/MAP/MLSNI)
MLS #12321956
Last Updated: 04/21/2025 05:04
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