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  • Price cut: $10.1K (7/7)
    $399,900

    413 N Chestnut St, Palatine, IL 60067

    3beds
    1,424sqft
    : 
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    Single Family Residence
    Built in 1960
    0.47 Acres Lot
    $-- Zestimate®
    $281/sqft
    $-- HOA

    What's special

    Incredible opportunity to own a spacious brick ranch on an oversized half-acre lot on two separate parcels in a desirable Palatine location. If you're looking for a home with outstanding potential, solid bones, and the chance to build equity through updates and improvements, this is one you won't want to miss. This home offers an inviting floor plan featuring a dramatic vaulted ceiling with exposed beams, a cozy fireplace, an expansive living room, hardwood flooring throughout much of the home, a spacious eat-in kitchen, a primary bedroom with private bath, and a screened-in sunroom overlooking the backyard. Outside, you'll appreciate the rare half-acre fenced yard, oversized driveway, and two-car garage complete with a heater hookup and additional storage/workshop space. Major mechanical updates have already been completed, including ROOF (2020), HVAC (2021), APPLIANCES (2021), and WASHER/DRYER (2021). The home is being conveyed AS-IS and will require updating, cosmetic improvements, and repairs, making it an outstanding opportunity for investors, contractors, rehabbers, or buyers looking to customize a home to their own style while adding long-term value. With its desirable location near Metra, expressways, parks, shopping, dining, and vibrant downtown Palatine, plus a generous lot that's becoming increasingly difficult to find, this property offers exceptional potential for the right buyer.
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    Zillow last checked:

    Listed by:

    Paul Molidor (847)931-4663,

    Berkshire Hathaway HomeServices Starck Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12696327MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Eating Area, Foyer, Sun Room
      Primary bedroom
      • Features: Flooring (Hardwood), Bathroom (Full)
      • Level: Main
      • Area: 165 Square Feet
      • Dimensions: 15X11
      Bedroom 2
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 108 Square Feet
      • Dimensions: 12X9
      Bedroom 3
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12X11
      Eating area
      • Features: Flooring (Vinyl)
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 9X8
      Foyer
      • Features: Flooring (Ceramic Tile)
      • Level: Main
      • Area: 56 Square Feet
      • Dimensions: 8X7
      Kitchen
      • Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Galley, Pantry-Closet), Flooring (Vinyl)
      • Level: Main
      • Area: 81 Square Feet
      • Dimensions: 9X9
      Laundry
      • Features: Flooring (Ceramic Tile)
      • Level: Main
      • Area: 18 Square Feet
      • Dimensions: 3X6
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 221 Square Feet
      • Dimensions: 17X13
      Sun room
      • Features: Flooring (Other)
      • Level: Main
      • Area: 308 Square Feet
      • Dimensions: 14X22
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener, Humidifier
      • Laundry: Main Level, In Unit
      Features
      • Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
      • Flooring: Hardwood
      • Basement: Crawl Space
      • Attic: Full,Pull Down Stair
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Family Room
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,424 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Unassigned, Driveway, Owned, Garage
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 1
      • Patio & porch: Patio, Screened
      • Fencing: Fenced
      Lot
      • Size: 0.47 Acres
      • Dimensions: 120 X 178.3
      • Features: Cul-De-Sac, Mature Trees, Adjoins Government Land
      Details
      • Additional structures: Shed(s)
      • Additional parcels included: 02152090070000
      • Parcel number: 02152090080000
      • Special conditions: None
      • Other equipment: Water-Softener Owned, Ceiling Fan(s), Fan-Attic Exhaust, Sump Pump

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Features: Park, Pool, Sidewalks, Street Lights, Street Paved
      • Security: Carbon Monoxide Detector(s)
      • Subdivision: Merrills
      HOA
      • Services included: None
      Location
      • Region: Palatine

      Financial & listing details

      • Price per square foot: $281/sqft
      • Tax assessed value: $290,000
      • Annual tax amount: $11,031
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Price change$399,900-2.5%$281/sqft
        Source: BHHS broker feed #12696327 Report a problem
        6/29/2026Listed for sale$410,000$288/sqft
        Source: MRED as distributed by MLS GRID #12674068 Report a problem
        6/24/2026Contingent$410,000$288/sqft
        Source: MRED as distributed by MLS GRID #12674068 Report a problem
        6/16/2026Listed for sale$410,000+36.7%$288/sqft
        Source: MRED as distributed by MLS GRID #12674068 Report a problem
        7/12/2021Sold$300,000-4.7%$211/sqft
        Source: MRED as distributed by MLS GRID #10946693 Report a problem
        12/4/2020Price change$314,900-1.6%$221/sqft
        Source: Keller Williams Momentum #10946693 Report a problem
        11/5/2020Price change$319,900-8.6%$225/sqft
        Source: RE/MAX At Home #10848015 Report a problem
        9/5/2020Listed for sale$349,900$246/sqft
        Source: RE/MAX At Home #10848015 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $29,000
        2023$8,585 +3.4%$29,000
        2022$8,306 +18.6%$29,000 +34.4%
        2021$7,005 +1.5%$21,570
        2020$6,901 +0.2%$21,570 -10.2%
        2019$6,889 -15.2%$24,020 -8.1%
        2018$8,121 +1.9%$26,132
        2017$7,967 +7.5%$26,132
        2016$7,410 +10.3%$26,132 +19.5%
        2015$6,720 +1.2%$21,871
        2014$6,638 -1.6%$21,871 -4.1%
        2013$6,743 +17.8%$22,798 +6.8%
        2012$5,725 -12.3%$21,353 -16.1%
        2011$6,527 +1.3%$25,462
        2010$6,441 -9.9%$25,462 -18%
        2009$7,149 +5.4%$31,033 -5%
        2008$6,786 +2%$32,666
        2007$6,650 -0.2%$32,666 +7.4%
        2006$6,662 -1.1%$30,416
        2005$6,737 +39.3%$30,416
        2004$4,836 +21.9%$30,416 +46.4%
        2003$3,966 +3.2%$20,775
        2002$3,841 +43%$20,775
        2001$2,687 +1.4%$20,775 +38.5%
        2000$2,649 +0%$15,000
        1999$2,649 $15,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 60067

        Getting around

        60 / 100
        Somewhat Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gray M Sanborn Elementary School
        • Middle: Walter R Sundling Middle School
        • High: Palatine High School
        • District: 15

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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