Updated 18 Hours Ago
Location
701 W Rand Rd #137, Arlington Heights, IL 60004, USA
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Amenities for 701 W Rand Rd #137
Features
| Central Air | Hardwood Floor |
| Natural Gas | Walk-in Closet |
Appliances
| In-Unit Laundry |
Community
| Exterior Type: Brick | Laundry Room |
| Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
Other
| Six Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 701 W Rand Rd #137
Property Status: Active Welcome home to this spacious first-floor unit offering a fantastic combination of comfort, convenience, and room to spread out! The open living and dining areas provide plenty of space for everyday living and entertaining, with large windows bringing in natural light and direct access to the outdoor patio area. The kitchen features granite countertops, abundant cabinetry, stainless steel appliances, a center island, and hardwood flooring. The generously sized primary suite is a standout, complete with a large walk-in closet and private bath featuring a soaking tub, separate tiled shower, and double vanity. An additional bedroom and full bath provide flexibility for guests, a home office, or whatever fits your lifestyle. Another great feature-your own private laundry room right inside the unit, complete with additional cabinetry and a full-size washer and dryer. Add in the convenience of first-floor living and a dedicated indoor parking space, and this rental checks a lot of boxes. Spacious, functional, and ready for you to make it home! Landlord REQUIRES nothing negative on credit for the last 12 months and MUST make at least 3 times the monthly rent. Office Phone: (847) 924-6026 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 701 West Rand Road, Arlington Heights, IL 60004, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 800 sqft larger than other listings nearby
- Covered parking
- Garage, covered, or indoor parking is available at this address
- Images available
- There are at least 10 photos of this address
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Zip code | 60004 |
|---|---|
| Type | Condo for rent |
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Rent trends in Arlington Heights
2-bedroom apartments at 701 W Rand Rd #137 cost about 4% less than the average rent price for 2-bedroom apartments in Arlington Heights.
Median rents as of Aug 8 2026.
Arlington Heights
| Month | Median Rent |
|---|---|
| August 2024 | $1,978 |
| September 2024 | $2,206 |
| October 2024 | $1,920 |
| November 2024 | $1,973 |
| December 2024 | $1,888 |
| January 2025 | $2,089 |
| February 2025 | $2,187 |
| March 2025 | $2,080 |
| April 2025 | $2,005 |
| May 2025 | $1,995 |
| June 2025 | $2,010 |
| July 2025 | $1,961 |
| August 2025 | $1,941 |
| September 2025 | $1,965 |
| October 2025 | $2,119 |
| November 2025 | $1,883 |
| December 2025 | $1,880 |
| January 2026 | $1,861 |
| February 2026 | $1,922 |
| March 2026 | $2,054 |
| April 2026 | $2,064 |
| May 2026 | $2,254 |
| June 2026 | $2,308 |
| July 2026 | $2,316 |
| August 2026 | $2,276 |
Affordability calculator
Can I afford to live at 701 W Rand Rd #137?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 5 years ago | $1,625 | 1 bed | 1.5 bath | ||
| 5 years ago | $1,625 | 1 bed | 1.5 bath | ||
| 5 years ago | $1,650 | 1 bed | 1.5 bath | ||
| 5 years ago | $1,650 | 1 bed | 1.5 bath | ||
| 7 years ago | $1,650 | 1 bed | 2 bath | ||
| 7 years ago | $1,895 | 2 bed | 2 bath | ||
| 7 years ago | $1,650 | 1 bed | 2 bath | ||
| 8 years ago | $1,650 | 1 bed | 1.5 bath | ||
| 8 years ago | $1,650 | 1 bed | 1 bath |
Schools near 701 W Rand Rd #137
Greenbrier Elementary School
2330 n verde dr
arlington heights, IL, 60004
PK, K-5Public
A
Community Child Care Center of Palatine Township
721 south quentin rd
palatine, IL, 60067
PKPublic
The Early Learning Center
1900 w lonnquist blvd
mt prospect, IL, 60056
PKPublic
Prairie Trails School
805 n burning bush ln
mt prospect, IL, 60056
PK, KPublic
Marletta Darnall Schaumburg Child & Family Center
725 east schaumburg rd
schaumburg, IL, 60194
PKPublic
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Internet available near 701 W Rand Rd #137
Getting around Arlington Heights near 701 W Rand Rd #137
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 701 W Rand Rd #137, Arlington Heights
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
5/10
Variety of bars within a short drive
Other units at this address
701 West Rand Road, Arlington Heights, IL
701 West Rand Road Arlington Heights, IL
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Walk-In Closets • Air Conditioning • On-Site Laundry • Hardwood Floor • Assigned Parking • Carpet
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438
2 Beds
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