Arlington Heights · Cook County · IL
Homes for sale in
Mallard Cove.
- Active listings
- 2
- Median list
- $195K
- Avg time on market
- 47 days
- Sold · last year
- 21
Active listings
2 homes on the market
Beat the rest of the buyers
Be the first to know when a new Mallard Cove home hits the market
Save the search and you will get a text and an email the moment a new listing matches. Most Mallard Cove homes go under contract in the first week, the buyers who win are the ones who saw it first.
About the community
An attainable, park-like condominium community in Arlington Heights.
Mallard Cove is an established condominium community on the southwest side of Arlington Heights in Cook County, along South New Wilke Road near the Arlington Lakes Golf Club. Built around 1970, it is made up of four-story, elevator-served brick buildings set on an approximately 32-acre, park-like site with ponds, a fountain, mature landscaping, and a pool and clubhouse. The homes are condominium flats, not townhomes or single-family houses, which makes Mallard Cove one of the more attainable entry points into a town otherwise known for pricier single-family housing.
At a glance
Condominium flats
One- and two-bedroom units in four-story, elevator-served brick buildings.
Roughly 750 to 1,250 sqft
One-beds at the smaller end, two-beds toward the top of the range.
Pool and clubhouse
An outdoor pool and sundeck, a clubhouse or party room, and an on-site fitness room.
Tennis and courts
Tennis and pickleball courts and a sand volleyball court on the grounds.
Ponds and paths
Ponds with a fountain, walking paths, and landscaped common grounds across about 32 acres.
Heat and water included
Bundled into the monthly assessment, so owner utility costs run lower than a comparable house.
Busse Woods nearby
The Ned Brown Forest Preserve, with trails and lakes, is very close by.
Likely CCSD 15 and D214
This pocket appears to feed CCSD 15 and Rolling Meadows High School; verify by unit.
About 20 minutes to O'Hare
Quick access to Route 53 / I-290 and Golf and Algonquin Roads.
What’s close
Mallard Cove sits on the southwest edge of Arlington Heights near Rolling Meadows, close to Route 53 and the Golf and Algonquin Road corridors.
- Shopping
- Golf Road retail, Woodfield-area shopping in Schaumburg, and downtown Arlington Heights a short drive north.
- Hospital
- Endeavor Health Northwest Community Hospital in Arlington Heights.
- Train
- Metra Union Pacific Northwest line to downtown Chicago; the Arlington Park station is a few minutes away.
- Recreation
- The Ned Brown Forest Preserve (Busse Woods) and the Arlington Lakes Golf Club are essentially next door.
- Highways
- Route 53 / I-290 just west, plus Algonquin Road and Golf Road as primary arterials.
- Airport
- O'Hare International, roughly 20 minutes away.
What it’s actually like to live here
Mallard Cove offers a relaxed, low-maintenance lifestyle wrapped in one of Arlington Heights' most attainable price points. The setting is genuinely park-like: ponds with a fountain, mature trees, walking paths, and a pool and clubhouse give the roughly 32-acre property a resort-adjacent feel that is unusual for the price. With heat, water, insurance, landscaping, snow removal, and trash bundled into the monthly assessment, day-to-day ownership is simple, which is a big draw for first-time buyers, busy professionals, and downsizers who are done with mowing and shoveling. The location leans practical: minutes to Route 53 and I-290, close to O'Hare, a short hop to Metra, and Busse Woods and a golf course at the doorstep.
The honest tradeoffs matter. These are 1970s-era condominium flats in elevator buildings, so expect building-age realities: some units are beautifully renovated while others are dated, and the community's shared systems mean reserve health and the possibility of special assessments deserve close review during attorney and contract review. Monthly assessments are meaningful, though they buy back real utility and maintenance costs. This is condo living, not a private yard and detached garage, so it suits people who prioritize convenience and amenities over single-family space and privacy.
Location nuance is worth being upfront about. Mallard Cove sits on the southwest edge of town near Rolling Meadows, so it is closer to the Route 53 and Golf Road commercial corridors than to the walkable heart of downtown Arlington Heights, which is a few minutes' drive away. Just as important, the school assignment for this pocket appears to run through CCSD 15 and Rolling Meadows High School rather than the central Arlington Heights districts, so families should verify attendance boundaries before assuming a particular school.
Market trends
Why this market moves the way it does
Mallard Cove is an attainable condominium community, so it trades on unit size, floor, condition, and the health of the association more than on the Arlington Heights address alone. Renovated units in a well-reserved building lead the market, and the bundled-utility assessment is part of the value story.
What holds value
The fundamentals matter more than the cosmetics here. Buyers want floor plan, lot, and basement, in that order. Cosmetics are the tiebreaker.
- Unit size and layout
- Two-bedroom, two-bath flats sit above the one-bedroom units in both size and price within the community.
- Condition
- Renovated kitchens, baths, and flooring separate the leaders from the more original units of the same floor plan.
- Assessment and reserves
- The monthly assessment bundles heat, water, and amenities; a well-funded reserve and no pending special assessment support value.
- Floor and building position
- Higher floors, elevator access, and views over the ponds and grounds are preferred within the community.
- Attainable entry point
- Mallard Cove is one of the lower-cost ways into Arlington Heights, which keeps demand from first-time buyers, downsizers, and investors steady.
Real talk
Who shouldn’t buy here
Here is the honest version before you tour.
Read the association's finances, not just the unit. In a 1970s condo community, reserve health and any pending special assessment matter as much as the kitchen. Ask for the budget, the reserve study, and the meeting minutes during attorney review, and factor them into your offer.
Verify the schools for the specific unit. Contrary to the common assumption, this southwest pocket near Rolling Meadows appears to feed CCSD 15 and Rolling Meadows High School rather than the central Arlington Heights districts. Confirm the assignment with the districts before you rely on it, especially if schools drive your decision.
One piece of advice
“For value, access, and amenities over new construction and a big yard, Mallard Cove is a compelling, budget-friendly way into Arlington Heights. Just treat it like the condo purchase it is: review the association's reserves and any special assessments carefully, confirm the school assignment for the specific unit, and weigh the monthly assessment against the heat, water, and maintenance it actually covers.”
The questions buyers actually ask
Mallard Cove FAQ
The questions I get most from buyers shopping Mallard Cove. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Monthly condominium assessments typically include heat, water, common insurance, exterior building maintenance, landscaping, snow removal, trash, parking, and use of the pool, clubhouse, and fitness room. Because heat and water are bundled in, monthly out-of-pocket utility costs are usually lower than a comparable house. Reported assessments run roughly from the high-300s to the mid-500s per month depending on unit size, so confirm the current amount, the reserve status, and any pending special assessments with the association during attorney review.
- What are property taxes like?
- Roughly $3,000 – $6,000 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 45 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 45.
- Are the homes at Mallard Cove condos or townhomes?
- They are condominiums, meaning attached flats in four-story, elevator-served brick buildings, not townhomes or single-family homes. Some units come with a garage space.
- What do the monthly HOA assessments cover?
- Assessments typically include heat, water, common insurance, exterior building maintenance, landscaping, snow removal, trash, parking, and use of the pool, clubhouse, and fitness room. Because heat and water are included, monthly utility costs to owners are usually lower than a comparable house. Confirm the current amount and reserve status with the association.
- What amenities does the community offer?
- An outdoor pool and sundeck, a clubhouse or party room, a fitness room, tennis and pickleball courts, a sand volleyball court, ponds with a fountain, and walking paths, plus secured lobbies, elevators, laundry, and storage. The Ned Brown Forest Preserve (Busse Woods) and a golf course are right nearby.
- Which schools serve Mallard Cove?
- Records indicate this southwest pocket is likely served by Community Consolidated School District 15 for elementary and middle school and Township High School District 214, feeding Rolling Meadows High School, rather than the central Arlington Heights districts. Attendance boundaries can change, so verify your specific unit's assignment with the districts before relying on it.
- How is the commute and location?
- You are minutes from Route 53 and I-290 and the Golf and Algonquin Road corridors, about 20 minutes from O'Hare, and a short drive from a Metra Union Pacific Northwest station for the train downtown. Downtown Arlington Heights shopping and dining is a few minutes north.
- What do homes at Mallard Cove cost, and how is the market?
- Mallard Cove is one of the more attainable ways into Arlington Heights, which appeals to first-time buyers, downsizers, and investors. Because inventory and pricing move, check the live Market snapshot on this page for current listings, values, and availability.
- Who is the real estate agent for Mallard Cove?
- Joe Keegan is the local licensed Illinois real estate broker who covers Mallard Cove in Arlington Heights, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Mallard Cove specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Mallard Cove
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Arlington Heights specialist
- Honest local market take
- Brokerocity
Market snapshot
Mallard Cove, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$195,000
Typical sale price · last 90 days
$190,000
Homes for sale right now
2
Avg time on market
47 days
Sold in the last year
21
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 10, 2025 through August 10, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
- No obligation, no spam, no auto-dialer
Schools serving Mallard Cove
Where Mallard Cove homes go to school
Homes in Mallard Cove are most often zoned to Rolling Meadows HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
Other communities