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    • $355,000

    413 N Chestnut St, Palatine, IL 60067

    3beds
    1,424sqft
    Single Family Residence
    Built in 1960
    0.47 Acres Lot
    $356,100 Zestimate®
    $249/sqft
    $3,123 Estimated rent

    Home value

    $356,100

    $324,000 - $392,000

    $3,123/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Molidor (847)931-4663,

    Berkshire Hathaway HomeServices Starck Real Estate

    Bought with:

    Jinson Vachachira

    Achieve Real Estate Group Inc

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

    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
    Family room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 304 Square Feet
    • Dimensions: 16X19
    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: $249/sqft
    • Tax assessed value: $290,000
    • Annual tax amount: $11,031
    • Date on market: 7/6/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/3/2026Sold$355,000-11.2%$249/sqft
    Source: MRED as distributed by MLS GRID #12696327 Report a problem
    7/13/2026Contingent$399,900$281/sqft
    Source: MRED as distributed by MLS GRID #12696327 Report a problem
    7/6/2026Price change$399,900-2.5%$281/sqft
    Source: MRED as distributed by MLS GRID #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

    Neighborhood: 60067

    Nearby homes

    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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    Estimated market value
    $356,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $356,100

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