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Central Park East apartments in Arlington Heights, IL

Updated

Central Park East

1551 E Central Rd, Arlington Heights, IL 60005, USA

Live pricing, refreshed

11
Units Listed
$2,323
Starting at
$2,645
Average
$2,865
Highest
$2.62
Per Sq Ft

How does this compare? View Arlington Heights 60005 rent trends

Beds

Pricing by Bedroom

1 Bed
$2,452
from $2,323 · 4 units
~832 sqft avg
2 Bed
$2,755
from $2,690 · 7 units
~1,109 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (5)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$11K

$130K annual run rate

Modeled estimate

Est. Occupancy

27%

of about 15 units (modeled from leasing activity)

Effective Rent on New Leases

$2,712

vs $2,645 current asking

Recent Lease Activity

15 units tracked; 4 assumed leased, 11 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

11

Moderate availability

6 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

The available listings show few signs of room to negotiate.

Price vs. Arlington Heights 60005

Neighborhood

Comparing 4 apartments in Arlington Heights 60005. Click any bar to view that building.

See Arlington Heights 60005 rent trends on the Arlington Heights, IL map Explore Arlington Heights, IL on the interactive map

Available Units

11 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

1 Bed / 1 Bath Unit 16108
$2,323/mo
810 ft² · $2.87/ft²

Starting base rent

Available: Nov 30, 2026

1 Bed / 1 Bath Unit 16318
$2,345/mo
770 ft² · $3.05/ft²

Starting base rent

Available: Oct 16, 2026

1 Bed / 1 Bath Unit 15308
$2,437/mo
810 ft² · $3.01/ft²

Starting base rent

Available: Nov 12, 2026

2 Bed / 2 Bath Unit 15106
$2,690/mo
1,106 ft² · $2.43/ft²

Starting base rent

Available: Oct 21, 2026

1 Bed / 1 Bath Unit 15315
$2,703/mo
938 ft² · $2.88/ft²

Starting base rent

Available: Contact for availability

2 Bed / 2 Bath Unit 15214
$2,720/mo
1,106 ft² · $2.46/ft²

Starting base rent

Available: Contact for availability

2 Bed / 2 Bath Unit 15203
$2,720/mo
1,106 ft² · $2.46/ft²

Starting base rent

Available: Contact for availability

2 Bed / 2 Bath Unit 16304
$2,725/mo
1,054 ft² · $2.59/ft²

Starting base rent

Available: Contact for availability

2 Bed / 2 Bath Unit 16205
$2,765/mo
1,054 ft² · $2.62/ft²

Starting base rent

Available: Contact for availability

2 Bed / 2 Bath Unit 15201
$2,800/mo
1,168 ft² · $2.40/ft²

Starting base rent

Available: Contact for availability

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Arlington Heights, IL notes

No resident notes for this property yet.

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Arlington Heights 60005 Rent Trends

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