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  • $726,000

    505 S Elm St, Palatine, IL 60067

    4beds
    2,200sqft
    Single Family Residence
    Built in 1967
    10,097.21 Square Feet Lot
    $731,900 Zestimate®
    $330/sqft
    $3,435 Estimated rent

    Home value

    $731,900

    $666,000 - $805,000

    $3,435/mo

    Zestimate® history
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    What's special

    Gorgeous fireplaceModern styleFenced yardPrivate fenced backyardGorgeous kitchenSeparate wine bar areaOpen-concept design
    This beautifully finished residence offers the open-concept design and modern style you've been searching for. Step inside and be immediately impressed by the gorgeous kitchen (2020) featuring white shaker-style cabinets, a large island ideal for gatherings, and a separate wine bar area - truly the heart of the home. Gleaming hardwood floors flow throughout, complemented by built-in cubbies that add both charm and practical storage. The spacious family room serves as a welcoming gathering space with a gorgeous fireplace (2020), perfect for cozy nights in. Sliding doors lead out to your private fenced backyard, showcasing a roomy patio with a pergola surrounded by lush greenery - an ideal setting for outdoor entertaining or peaceful relaxation. Don't miss the expanded mudroom/drop zone (2020) off the garage, providing added convenience and organization. Retreat to the primary suite, thoughtfully located on its own level for privacy, complete with a walk-in closet and primary bath. Three additional bedrooms, each featuring hardwood floors, plus another full bath complete the second level. The finished lower level (2020) offers extra living and entertainment space, including a full heated floored bathroom (2020) with a walk-in shower and a sophisticated showcase ceiling - perfect for hosting guests or enjoying a movie nights. Additional updates include: windows ('20), ac ('20), furnace ('20), fenced yard, concrete driveway ('25). Enjoy the convenience of walking to nearby schools, parks, pools, and recreation centers. Plus, you're just minutes from downtown Palatine with Metra access, restaurants, shopping, nightlife, and more!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Amy Diamond 847-797-0200,

    @properties Christie's International Real Estate

    Bought with:

    Evan Reynolds

    eXp Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12609356MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Flooring (Hardwood), Window Treatments (Blinds, Curtains/Drapes), Bathroom (Full)
    • Level: Third
    • Area: 342 Square Feet
    • Dimensions: 19X18
    Bedroom 2
    • Features: Flooring (Hardwood), Window Treatments (Blinds, Curtains/Drapes)
    • Level: Second
    • Area: 182 Square Feet
    • Dimensions: 14X13
    Bedroom 3
    • Features: Flooring (Hardwood), Window Treatments (Blinds, Curtains/Drapes)
    • Level: Second
    • Area: 143 Square Feet
    • Dimensions: 13X11
    Bedroom 4
    • Features: Flooring (Hardwood), Window Treatments (Blinds, Curtains/Drapes)
    • Level: Second
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Dining room
    • Features: Flooring (Hardwood), Window Treatments (Blinds, Curtains/Drapes)
    • Level: Main
    • Area: 312 Square Feet
    • Dimensions: 24X13
    Family room
    • Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes)
    • Level: Main
    • Area: 357 Square Feet
    • Dimensions: 21X17
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Island), Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 275 Square Feet
    • Dimensions: 25X11
    Laundry
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 65 Square Feet
    • Dimensions: 13X5
    Office
    • Features: Flooring (Wood Laminate)
    • Level: Basement
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Recreation room
    • Features: Flooring (Wood Laminate)
    • Level: Basement
    • Area: 273 Square Feet
    • Dimensions: 21X13
    Walk in closet
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 24 Square Feet
    • Dimensions: 6X4
    Heating
    • Natural Gas, Forced Air, Radiant
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood
    • Laundry: Main Level, In Unit
    Features
    • Dry Bar
    • Flooring: Hardwood
    • Basement: Finished,Sub-Basement,Partial
    • Number of fireplaces: 1
    • Fireplace features: Gas Starter, Family Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 2,200 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Patio
    • Exterior features: Fire Pit
    • Fencing: Fenced
    Lot
    • Size: 10,097 sqft
    • Dimensions: 77 X 117
    Details
    • Additional structures: Pergola
    • Parcel number: 02223020410000
    • Special conditions: None
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Community
    • Community features: Park, Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Palatine
    • Subdivision: Palatine Knolls

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/15/2026Sold$726,000+7.6%$330/sqft
    Source: MRED as distributed by MLS GRID #12609356 Report a problem
    5/6/2026Pending sale$675,000$307/sqft
    Source: MRED as distributed by MLS GRID #12609356 Report a problem
    4/19/2026Contingent$675,000$307/sqft
    Source: MRED as distributed by MLS GRID #12609356 Report a problem
    4/15/2026Listed for sale$675,000+125%$307/sqft
    Source: MRED as distributed by MLS GRID #12609356 Report a problem
    3/20/2019Sold$300,000+0.3%$136/sqft
    Source: MRED as distributed by MLS GRID #10274643 Report a problem
    2/18/2019Pending sale$299,000$136/sqft
    Source: RE/MAX Unlimited Northwest #10274643 Report a problem
    2/16/2019Listed for sale$299,000$136/sqft
    Source: RE/MAX Unlimited Northwest #10274643 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $42,000 +0%
    2023$11,452 +3.6%$41,999
    2022$11,049 +1.8%$41,999 +14.3%
    2021$10,849 +0.8%$36,736
    2020$10,760 -8%$36,736 -9.9%
    2019$11,693 -8.7%$40,773 -1.1%
    2018$12,808 +1.9%$41,214
    2017$12,566 +59.2%$41,214
    2016$7,895 -12.2%$41,214 +21.8%
    2015$8,986 +3.4%$33,826
    2014$8,692 -13.1%$33,826
    2013$10,004 +14.5%$33,826 -19%
    2012$8,741 -18.3%$41,760
    2011$10,705 +74%$41,760
    2010$6,153 +20.4%$41,760 -8.7%
    2009$5,110 +2.2%$45,722 -5%
    2008$4,998 +6.9%$48,129
    2007$4,673 -20.8%$48,129 +35.1%
    2006$5,901 -2%$35,621
    2005$6,025 -4.4%$35,621 -7.4%
    2004$6,303 +40.2%$38,451 +66%
    2003$4,494 +3.3%$23,162
    2002$4,353 -4.2%$23,162
    2001$4,544 +1.5%$23,162 -0.1%
    2000$4,475 +2%$23,192
    1999$4,387 $23,192

    Find assessor info on the county website

    Neighborhood: 60067

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pleasant Hill Elementary School
    • Middle: Plum Grove Middle School
    • High: Wm Fremd 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
    $731,900
    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
    $731,900