Arlington Heights selling lots once intended for stormwater control

 
 
Updated 3/22/2018 6:28 PM
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Arlington Heights is selling two buildable residential lots on Ridge Avenue that at one time were contemplated for stormwater control purposes.

The two 10,875-square-foot parcels at 2071 and 2081 N. Ridge Ave. are in a residential neighborhood located north of Palatine Road and west of Arlington Heights Road.

The village acquired the lots in 1994 after the development of the Woods of Arlington subdivision. A bank ended up with the properties but deeded them over to the village via a quitclaim deed, officials said.

After the village paid back taxes on the properties in 1995, officials had considered using them for a regional stormwater control facility. That was deemed unnecessary when a detention basin was later built near Chestnut Avenue and Ladd Street.

Last August, the village board approved an ordinance declaring the lots as surplus property and making them available for sale.

A written appraisal prepared by MaRous & Co. values each property at $215,000. The land is zoned for single-family residential.

Robin Ward, the village's in-house counsel, said there has been interest from prospective buyers. It's possible the properties could be sold together or separately, she said. Each measures 145 feet deep and 75 feet wide.

A final sale would be subject to approval by the village board.

Written offers are being accepted at the Village of Arlington Heights Legal Department, 33 S. Arlington Heights Road, Arlington Heights, Illinois 60005.

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