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Listing provided courtesy of Keller Williams Success RealtyMREDas Distributed by MLSGrid- MLS# 12569861MLS Provider

Palatine, IL 60074

Condo/Townhouse · 2 Beds · 2 Full Baths · 1,132 Sq. ft.
$229,900 Active

Overview

Time on Site:
133 days
Visits:
0

GREAT OPPORTUNITY to own a condo to either live in or continue to rent to current tenant! GREAT location just off Rt 53 & Rand Road but set back in the subdivision so NO road noise! Convenient to plenty of shopping and restaurants! This 2 bedroom, 2 bathroom 1st Floor CORNER unit with walkout through the sliding glass doors to the patio with a pond view! Unit has been updated throughout in 2019: Kitchen with tall maple cabinets & crown molding, granite countertops, stainless steel appliances & ceramic tile! Bathrooms also with maple cabinets, granite vanities, light fixtures & hardware! Newer carpeting, paint & light fixtures throughout rest of the unit! Interior doors also replaced with white panel doors! Expansive living room opens to dining room! Master bedroom with a walk-in closet! 2nd bedroom with hall bath! 2nd floor with laundry & storage #3! Association fees include almost everything: Heat, Water, Gas, Parking, Common Insurance, Clubhouse, Pool, Tennis & Volleyball Courts, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal! ONLY pay for Electricity! Current lease ends May 30, 2027. Continue to lease out or tenant is willing to move out 60 days after closing.

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Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,132
  • Price/Sq.ft. $203

Details

General

Association/HOA

  • Association Amenities: Coin Laundry, Storage, Pool, Tennis Court(s), Clubhouse
  • Association Fee: $376.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Gas, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

School Information

  • School District: 211
  • Elementary School: Lake Louise Elementary School
  • Middle Or Junior School: Winston Campus Middle School
  • High School: Palatine High School

Building Information

  • New Construction: No
  • Year Built: 1980

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Palatine
  • Subdivision Name: Runaway Bay
  • Township: Palatine

Rent/Lease Information

  • Lease Expiration: 2027-05-30

Tax Information

  • Tax Annual Amount: $3,547.00
  • Tax Year: 2023

General Information

  • Ownership: Condo
  • Parcel Number: 02122130011093
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 1132
  • Disability Access: No
  • Total SqFt.: 1132

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

General Information

  • Basement: None
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Living Area: 1132
  • Living Area Source: Assessor
  • Other Equipment: Intercom, CO Detectors
  • Rooms Total: 5
  • Stories Total: 1

Unit Information

  • Unit Number: 3

Exterior

Parking Information

  • Parking Features: Asphalt, Unassigned, Parking Lot, Yes, Other
  • Parking Total: 2

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Dimensions: Common
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Brick, Frame
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 12X11

Room: Dining Room

  • Level: Main
  • Dimensions: 11X10

Room: Kitchen

  • Level: Main
  • Dimensions: 10X9

Room: Living Room

  • Level: Main
  • Dimensions: 18X14

Room: Master Bedroom

  • Level: Main
  • Dimensions: 15X11

Room: Walk In Closet

  • Level: Main
  • Dimensions: 8X3

  • 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: Laundry

  • Level: N/A

Neighborhood

Community

60074 (Palatine) Demographics

35
Median Age
5,186
Population Density (per sq. mile)
48%
College Educated
$69,416
Estimated Median Income
8,708
Estimated Total Home Owners
5,785
Estimated Total Renters
60% / 40%
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.

Monthly Cost

$
$ %
%
$
$
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.

Market Data

Based on the last 30 days in this zip code

$392,934
Average List Price
$235
Average Price per Square Foot
30
Properties Sold
45
Average Days on Market
104
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
3/17/2026Source: MRED Status Change
Active
3/12/2026Source: MRED Price Reduction
$229,900 -2.1%
3/12/2026Source: MRED Status Change
Price Change
2/21/2026Source: MRED Status Change
Active
2/16/2026Source: MRED Added to Database
February 16, 2026