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Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12674196MLS Provider

1040 N Knollwood DrivePalatine, IL 60067

Condo/Townhouse · 2 Beds · 1 Full Bath · 1 Half Bath · 1,155 Sq. ft.
$299,000 Active

1040 N Knollwood Drive Overview

Time on Site:
13 hours
Visits:
0

Discover the allure of this exquisite 2 bedroom, 1.5 bathroom townhome in the sought-after Knollwood community of Palatine. As you enter, you'll be greeted by a spacious living room with fireplace, adorned with a cathedral ceiling, creating an airy and inviting atmosphere bathed in natural light. Freshly painted throughout June 2026. The galley kitchen includes a newer refrigerator(2025), pantry, and a charming eating area. Convenience meets style with main level laundry (washer/dryer 2024) and a powder room. Upstairs, the master suite offers a tranquil retreat with a spacious walk-in closet, while the second bedroom provides ample space and a large closet. This home also includes an attached one-car garage with additional storage. Furnace, AC, and water heater all new in 2025. The neighborhood provides access to a swimming pool, clubhouse, tennis and basketball courts, offering a perfect blend of relaxation and recreation. Conveniently located near Deer Park Forest Preserve, 53/90, dining, entertainment, and shopping, this townhome offers the best of both worlds. Perfect for investors, the HOA covers pool access, club house amenities, tennis, water, exterior maintenance, lawn care, scavenger service, and snow removal.

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1040 N Knollwood Drive Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,155
  • Price/Sq.ft. $259

Details

General

Association/HOA

  • Association Fee: $375.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool, Lawn Care, Snow Removal

School Information

  • School District: 211
  • Elementary School: Stuart R Paddock Elementary Scho
  • Middle Or Junior School: Walter R Sundling Middle School
  • High School: Palatine High School

Building Information

  • New Construction: No
  • Year Built: 1986

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Palatine
  • Township: Palatine

Tax Information

  • Tax Annual Amount: $6,109.53
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple w/ HO Assn.
  • Parcel Number: 02092052280000
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

Building Interior

  • Fireplace Location: Living Room

General Information

  • Basement: None
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Flooring: Laminate
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Forced Air
  • Interior Features: Vaulted Ceiling(s)
  • Laundry Features: Main Level
  • Living Area: 1155
  • Living Area Source: Assessor
  • Rooms Total: 5
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • Parking Total: 1

Lot Information

  • Lot Features: Cul-De-Sac
  • Lot Size Dimensions: 35x16x15x46x28
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Room Information

Room: Dining Room

  • Level: Main
  • Dimensions: 9X9

Room: Kitchen

  • Level: Main
  • Dimensions: 10X8

Room: Laundry

  • Level: Main
  • Dimensions: 3X3

Room: Living Room

  • Level: Main
  • Dimensions: 19X12

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Bedroom 2

  • Level: Second
  • Dimensions: 13X10

Room: Master Bedroom

  • Level: Second
  • Dimensions: 16X13

1040 N Knollwood Drive Neighborhood

Community

60067 (Inverness) Demographics

42
Median Age
2,804
Population Density (per sq. mile)
68%
College Educated
$108,270
Estimated Median Income
11,862
Estimated Total Home Owners
3,501
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1040 N Knollwood Drive Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1040 N Knollwood Drive Market Data

Based on the last 30 days in this zip code

$605,058
Average List Price
$276
Average Price per Square Foot
44
Properties Sold
61
Average Days on Market
159
Properties for Sale
Calculations provided by Reliance Network

1040 N Knollwood Drive History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/29/2026Source: MRED Added to Database
June 29, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022