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Legacy Properties

managingbroker@legacypropertiesil.com +1(224) 999-9100

$ 360,000

Est. payment | -/mo

3 Beds

1 Bath

1,650 SqFt

Save

$ 360,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,650 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,650 sqft

Price per Sqft $218

MLS Listing ID 12706201

Bedrooms 3

Full Baths 1

Year Built 1944

Annual Tax Amount $9,329

Tax Year 2023

Lot Dimensions 153X141

Property Sub-Type Detached Single

Property Description

Outstanding opportunity to own a unique and well-maintained property situated on a beautifully landscaped 1/2-acre lot surrounded by mature trees, offering exceptional privacy in a highly desirable Palatine location. Originally built as a single-family home and later rezoned for office use, this one-of-a-kind property offers incredible flexibility for a variety of future uses. Buyers seeking a distinctive residence may have the opportunity to convert the property back to single-family residential use, subject to approval by the Village of Palatine. Alternatively, the property may continue to serve as a professional office, making it an excellent option for owner-users, entrepreneurs, or those looking for a live/work opportunity (buyers should verify all zoning requirements and permitted uses with the Village). Inside, the flexible floor plan features two oversized rooms currently used as private offices, a central reception area that could easily become a spacious living room or dining area, and an additional room ideal for a bedroom, home office, nursery, or storage. The property also includes a full bathroom and a convenient kitchenette with refrigerator, cabinet storage, and space for a microwave and coffee station, providing an excellent starting point for future customization. Outside, you'll find a detached two-car garage, a dedicated parking area accommodating six or more vehicles, and a separate standalone building offering endless possibilities as a workshop, studio, home gym, guest space, hobby room, private office, or additional storage. Major mechanical updates have already been completed, including a newer furnace and hot water heater, both replaced within the past two years. Located just over one mile from the proposed future Chicago Bears stadium development in Arlington Heights, this property offers exceptional long-term investment potential in one of the northwest suburbs' most exciting growth corridors. Whether you're envisioning a charming custom residence, a unique live/work property, or a continued professional office, this versatile property offers an exceptional opportunity to bring your vision to life.

Location

State IL

County Cook

Area Palatine

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplace Y

Exterior

Garage Spaces 2.0

Building

Dwelling Type Detached Single

Building Description Vinyl Siding, No

Sewer Septic Tank

Water Well

Level or Stories 1 Story

Structure Type Vinyl Siding

New Construction false

Schools

School District 15 , 15, 15

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Listed by Morgan Danuk of Legacy Properties, A Sarah Leonard Company, LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

805 E Palatine RD Palatine, IL 60074