640 East Rand Road

640 East Rand Road has been categorized by the local assessors in Arlington Heights, IL as a commercial type of property. The building on the property was first built in 1990 and is 34 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 18,326 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Jan 1, 2018 for $1,725,000. Prior to that sales transaction, the property was also sold in Aug 15, 2017 for $3,875,000. 640 East Rand Road was last assessed in 2017. The total value of the property was assessed at $185,000. Specifically, the land the property is located on was valued at $41,233. While improvements on the property were assessed at a total of $143,767. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $53,352. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.