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$360,000
Est. payment /mo
3 Beds
1 Bath
1,650 SqFt
UPDATED:
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
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Morgan Danuk of Legacy Properties, A Sarah Leonard Company, LLC
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