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  • $480,000

    521 E Balsam Ln, Palatine, IL 60074

    3beds
    1,506sqft
    Single Family Residence
    Built in 1968
    9,750 Square Feet Lot
    $489,700 Zestimate®
    $319/sqft
    $3,383 Estimated rent

    Home value

    $489,700

    $441,000 - $544,000

    $3,383/mo

    Zestimate® history
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    What's special

    Spirals gracefullyWrought iron-railed stairwayEntry foyer
    Welcome to this wonderful split level home in Kenilwicke of Palatine. A sprawling L-shaped split level with a dramatically daring interior. A wrought iron-railed stairway spirals gracefully from the Woodward's entry foyer up to a balcony landing over looking the spacious cathedral ceiling living room. This wonderful home has been lovingly cared for and updated throughout. Look at what has been done, both bathrooms remodeled in 2023, new windows 2021, new roof 2024, new AC 2024, new double entry door 2024, new washer and dryer 2019, new disposal 2025, new family room carpeting 2023, new water heater 2021, upgraded electric to 200 amp, plus there is so much more. This home sits on one the nicest streets in Palatine, close to schools and shopping, yet quiet and friendly. This is the perfect starter or downsizing home. Don't delay call for an appointment today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sandie Bobus 847-571-8633,

    Coldwell Banker Realty

    Bought with:

    Stephanie Andre

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12558311MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes), Bathroom (Half)
    • Level: Second
    • Area: 192 Square Feet
    • Dimensions: 12X16
    Bedroom 2
    • Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes)
    • Level: Second
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Bedroom 3
    • Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes)
    • Level: Second
    • Area: 140 Square Feet
    • Dimensions: 10X14
    Dining room
    • Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10X12
    Family room
    • Features: Flooring (Carpet)
    • Level: Lower
    • Area: 405 Square Feet
    • Dimensions: 15X27
    Kitchen
    • Features: Flooring (Other), Window Treatments (Blinds)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 12X15
    Laundry
    • Features: Flooring (Other)
    • Level: Lower
    • Area: 170 Square Feet
    • Dimensions: 10X17
    Living room
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 216 Square Feet
    • Dimensions: 12X18
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
    • Laundry: In Unit
    Features
    • Vaulted Ceiling(s), Walk-In Closet(s), Special Millwork
    • Flooring: Hardwood
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Family Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,506 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
    • Levels: Bi-Level
    • Stories: 2
    • Patio & porch: Patio
    • Fencing: Fenced
    Lot
    • Size: 9,750 Square Feet
    Details
    • Additional structures: Shed(s)
    • Parcel number: 02114160190000
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bi-Level
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1968
    Details
    • Builder model: The Woodward

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Community
    • Features: Park
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Kenilwicke
    HOA
    • Services included: None
    Location
    • Region: Palatine

    Financial & listing details

    • Price per square foot: $319/sqft
    • Tax assessed value: $350,000
    • Annual tax amount: $9,882
    • Date on market: 2/5/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/6/2026Sold$480,000+1.1%$319/sqft
    Source: MRED as distributed by MLS GRID #12558311 Report a problem
    2/9/2026Contingent$475,000$315/sqft
    Source: MRED as distributed by MLS GRID #12558311 Report a problem
    2/5/2026Listed for sale$475,000+50.8%$315/sqft
    Source: MRED as distributed by MLS GRID #12558311 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    7/9/2018Listing removed$315,000$209/sqft
    Source: Owner Report a problem
    7/9/2018Listed for sale$315,000+2.3%$209/sqft
    Source: Owner Report a problem
    6/28/2018Sold$308,000-2.2%$205/sqft
    Source: Public Record Report a problem
    5/8/2018Pending sale$315,000$209/sqft
    Source: Owner Report a problem
    5/3/2018Listed for sale$315,000$209/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $35,000
    2023$9,380 +3.7%$35,000
    2022$9,045 +15.4%$35,000 +27.5%
    2021$7,834 -10.8%$27,453
    2020$8,783 -0.2%$27,453 -10.5%
    2019$8,797 -3.7%$30,674 -6.6%
    2018$9,133 -8.7%$32,825
    2017$10,008 +7.5%$32,825
    2016$9,307 +41.6%$32,825 +26.8%
    2015$6,572 +0.8%$25,888
    2014$6,521 +3.1%$25,888
    2013$6,323 -24.3%$25,888 -16.9%
    2012$8,354 +4.6%$31,158
    2011$7,987 +17.8%$31,158
    2010$6,782 -1.2%$31,158 -15.6%
    2009$6,862 +14.8%$36,905 -5%
    2008$5,977 +12.9%$38,847
    2007$5,295 -2.4%$38,847 +25.4%
    2006$5,424 +6.3%$30,972
    2005$5,101 +5%$30,972
    2004$4,859 -1.9%$30,972 +22.7%
    2003$4,954 +3.3%$25,239
    2002$4,797 +17.7%$25,239
    2001$4,074 +1.5%$25,239 +19.5%
    2000$4,013 +0%$21,121
    1999$4,013 $21,121
    Find assessor info on the county website

    Neighborhood: 60074

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Virginia Lake Elementary School
    • Middle: Winston Campus 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
    $489,700
    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
    $489,700