516 E  Fairview St, Arlington Heights, IL 60005
SOLD
MAY 29, 2026

516 E Fairview St
Arlington Heights, IL 60005

Scarsdale
  • 4 Beds
  • 3.5 Baths
  • 3,217 sqft

$1,500,000

Last Sold: May 29, 2026
7% over list $1.4M
$466/sqft
Est. Refi. Payment $10,101/mo*

$1,500,000

Last Sold: May 29, 2026
7% over list $1.4M
$466/sqft
Est. Refi. Payment $10,101/mo*
4 Beds
3.5 Baths
3,217 sqft

Local Information

  • Map ViewExplore the area around 516 E Fairview St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Situated in the prestigious Scarsdale neighborhood in the heart of Arlington Heights, this home showcases sophisticated design and an elevated living experience. One of the most sought-after addresses in the suburbs, walkable to vibrant downtown Arlington Heights and served by top-rated Dryden Elementary, South Middle, and Prospect High School. This stunning, meticulously maintained luxury home is a rare find and everything today's discerning buyer has been searching for. Thoughtfully designed and rich with quality at every turn, the home welcomes you with gleaming hardwood floors and formal living and dining rooms set to host gatherings of any size. The chef's kitchen elevates everyday living with custom white cabinetry, marble and granite countertops, and a curated collection of appliances, including a SubZero refrigerator/freezer (2018), Viking range (2006), Viking wine fridge (2020), and a Bosch dishwasher (2024). A generous center island invites gathering and conversation, while a walk-in pantry keeps everything in order. The adjacent great room flows effortlessly from the kitchen, and a screened-in porch extends the living space outdoors with sweeping views of a serene backyard. A custom mudroom and attached 2-car garage round out the main level with both style and function. Upstairs, the primary suite is a true sanctuary, boasting two custom walk-in closets, a spa-inspired ensuite with dual sinks, a soaking tub, and a walk-in shower. Three additional generously sized bedrooms are equally impressive, one with its own ensuite and the others sharing a beautifully appointed hall bath. A second-floor laundry room, complete with a new Samsung washer (2025), adds everyday convenience. The sprawling lower level offers endless versatility as a hangout destination, home gym, or play space. Outside, a gorgeous bluestone patio sets the scene for alfresco dining, lively gatherings, or peaceful evenings under the stars. Peace of mind comes built-in: NEW roof (2021), NEW AC (2025), 2 NEW furnaces (2021 and 2022), and 2 NEW Rheem water heaters (2020). When you're ready to venture out, downtown Arlington Heights dining, shopping, coffee shops, Farmers Market, Metra, and more are just minutes away. From its coveted Scarsdale address to its designer finishes, premier schools, and exceptional walk-to-everything location, this residence embodies refined, elevated living. Welcome home!
516 E Fairview St, Arlington Heights, IL 60005 is a 4 bedroom, 4 bathroom, 3,217 sqft single-family home in Scarsdale, built in 1940. It last sold for $1,500,000 on May 29, 2026 (7% above the $1,400,000 asking price). It is currently off market. The Trulia Estimate is $1,508,200, with a rent estimate of $4,707/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$466/sqft
Listed
72 days ago

Home Details for 516 E Fairview St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partially Finished,Rec/Family Area,FullNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Mud Room, Pantry, Recreation Room, Storage, Walk In Closet
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3217 Square Feet
Appliances & Utilities
Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Water Purifier, Gas Cooktop, Electric Oven, Humidifier, Multiple Water HeatersDishwasherDisposalDryerLaundry: Upper Level,Gas Dryer Hookup,In UnitMicrowaveWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central Air,ZonedHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Gas Log, Gas Starter, Masonry, Stubbed in Gas Line, Living Room, BasementHas a FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers, 200+ Amp Service
Windows, Doors, Floors & Walls
Door: French Doors, Lever Style Door HandlesFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability AccessFloors: Hardwood
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: Asphalt RubberPatio / Porch: Patio, ScreenedFencing: FencedExterior: BalconyFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Concrete,Garage Door Opener,Heated Garage,Yes,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1940Year Renovated: 2006
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial,Traditional
Building
Construction Materials: BrickNot a New Construction
Property Information
Parcel Number: 03321360220000Model Home Type: Custom

Price & Status

Price
List Price: $1,400,000Price Per Sqft: $466/sqft
Status Change & Dates
Off Market Date: Tue Apr 28 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: Arlington HeightsCommunity: Scarsdale
School Information
Elementary School: Dryden Elementary SchoolElementary School District: 25Jr High / Middle School: South Middle SchoolJr High / Middle School District: 25High School: Prospect High SchoolHigh School District: 214

Building

Building Details
Builder Model: Custom
Building Area
Building Area: 4816 Square Feet

Community

Community Features: Park, Curbs, Street Lights, Street Paved

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 6550 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12628575

Additional Information

ParkCurbsStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD AVM On IDX Display: NoMRD Address On VOW Display: YesMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes
Last check for updates: about 2 hours ago
Listed by Holly Connors, (773) 383-2490
@properties Christie's International Real Estate
Bought with: Ashlee Fox, (847) 809-8424, Berkshire Hathaway HomeServices Starck Real Estate
Source: MRED as distributed by MLS GRID, MLS#12628575

Price History for 516 E Fairview St

DatePriceEventSource
05/29/2026$1,500,000Sold
MRED as distributed by MLS GRID #12628575
05/20/2026$1,400,000ListingRemovedMRED as distributed by MLS GRID #12628575
04/28/2026$1,400,000ContingentMRED as distributed by MLS GRID #12628575
04/25/2026$1,400,000Listed For SaleMRED as distributed by MLS GRID #12628575
06/13/2005$687,500Sold
N/A

Market trends in Arlington Heights

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$437K
$28K
MoM
Sale-to-List Price
100.0%
0.8%
MoM
Price per sq ft
$262
$24
MoM
Available listings
207
32
MoM
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Property Tax and Assessment

Year2024
Tax
Assessment$718,960
Home facts updated by county records

Comparable Sales for 516 E Fairview St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$840,000
07/30/25
4
3
2,592
0.27
Single-Family Home
$1,550,000
06/01/26
4
3.5
3,500
0.09
Single-Family Home
$830,000
05/08/26
4
2
2,205
0.17
Single-Family Home
$550,000
06/30/26
4
2.5
2,539
0.11
Single-Family Home
$1,320,000
02/19/26
4
5
4,200
0.30
Single-Family Home
$820,000
03/19/26
4
2
2,793
0.31
Single-Family Home
$685,000
08/15/25
4
3
2,204
0.45
Single-Family Home
$1,050,000
06/04/26
5
3
3,000

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Scarsdale

At least 50 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 94 % Say people would walk alone at night

  • 90 % Say parking is easy

  • 90 % Say kids play outside

  • 89 % Say it's walkable to restaurants

  • 89 % Say it's walkable to grocery stores

  • 82 % Say car is needed

  • 81 % Say there's holiday spirit

  • 77 % Say yards are well-kept

  • 75 % Say there are community events

  • 71 % Say streets are well-lit

  • 69 % Say there are sidewalks

  • 67 % Say neighbors are friendly

  • 64 % Say there's wildlife

  • 62 % Say they plan to stay for at least 5 years

  • 56 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Ghomstad4
    "There are plenty of places to walk your dog- parks, spacious streets, other dog walkers, street lamps etc!"
  • sam m. a.
    "Walk to: Metra, top schools, great restaurants, nationally acclaimed 5 star library! Great neighborhood perfect for families! "
  • Iren C.
    "Just like Mayberry�.This block is members of the Scarsdale Property Association which includes tons of activities for kids and adults and a strong sense of community. Also very kid friendly street. Great way to have your kids attend one of the top ten high schools in Illinois!"

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Homes for sale near 516 E Fairview St

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Off Market Homes Near 516 E Fairview St

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Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information