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Active
  • $360,000

    805 E Palatine Rd, Palatine, IL 60074

    3beds
    1,650sqft
    : 
    $2,712/mo
    Get pre-qualified
    Single Family Residence
    Built in 1944
    0.5 Acres Lot
    $355,600 Zestimate®
    $218/sqft
    $-- HOA

    What's special

    Two oversized roomsCentral reception areaDetached two-car garageSurrounded by mature treesFlexible floor planExceptional privacy
    Outstanding opportunity to own a unique and well-maintained property situated on a beautifully landscaped 1/2-acre lot surrounded by mature trees, offering exceptional privacy in a highly desirable Palatine location. Originally built as a single-family home and later rezoned for office use, this one-of-a-kind property offers incredible flexibility for a variety of future uses. Buyers seeking a distinctive residence may have the opportunity to convert the property back to single-family residential use, subject to approval by the Village of Palatine. Alternatively, the property may continue to serve as a professional office, making it an excellent option for owner-users, entrepreneurs, or those looking for a live/work opportunity (buyers should verify all zoning requirements and permitted uses with the Village). Inside, the flexible floor plan features two oversized rooms currently used as private offices, a central reception area that could easily become a spacious living room or dining area, and an additional room ideal for a bedroom, home office, nursery, or storage. The property also includes a full bathroom and a convenient kitchenette with refrigerator, cabinet storage, and space for a microwave and coffee station, providing an excellent starting point for future customization. Outside, you'll find a detached two-car garage, a dedicated parking area accommodating six or more vehicles, and a separate standalone building offering endless possibilities as a workshop, studio, home gym, guest space, hobby room, private office, or additional storage. Major mechanical updates have already been completed, including a newer furnace and hot water heater, both replaced within the past two years. Located just over one mile from the proposed future Chicago Bears stadium development in Arlington Heights, this property offers exceptional long-term investment potential in one of the northwest suburbs' most exciting growth corridors. Whether you're envisioning a charming custom residence, a unique live/work property, or a continued professional office, this versatile property offers an exceptional opportunity to bring your vision to life.
    26 days
    |
    1,052
    |
    75
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Morgan Danuk 630-956-3013,

    Legacy Properties, A Sarah Leonard Company, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12706201MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bonus Room
      Primary bedroom
      • Level: Main
      • Area: 280 Square Feet
      • Dimensions: 20X14
      Bedroom 2
      • Level: Main
      • Area: 209 Square Feet
      • Dimensions: 19X11
      Bedroom 3
      • Level: Main
      • Area: 280 Square Feet
      • Dimensions: 20X14
      Bonus room
      • Level: Main
      • Area: 320 Square Feet
      • Dimensions: 20X16
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Other
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,650 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Yes, Detached, Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 1
      Lot
      • Size: 0.5 Acres
      • Dimensions: 153X141
      Details
      • Parcel number: 02241000160000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1944

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Palatine

      Financial & listing details

      • Price per square foot: $218/sqft
      • Tax assessed value: $310,000
      • Annual tax amount: $9,329
      • Date on market: 7/15/2026
      • Ownership: Fee Simple

        Estimated market value

        $355,600

        $338,000 - $373,000

        $2,876/mo

        Price history

        DateEventPrice
        7/15/2026Listed for sale$360,000+63.6%$218/sqft
        Source: MRED as distributed by MLS GRID #12706201 Report a problem
        5/24/2011Sold$220,000+158.8%$133/sqft
        Source: Public Record Report a problem
        3/5/1997Sold$85,000-10.5%$52/sqft
        Source: Public Record Report a problem
        6/22/1995Sold$95,000$58/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,023 +7.4%$31,000 +0%
        2023$9,329 +2.4%$30,999
        2022$9,108 +10.2%$30,999 +26.2%
        2021$8,264 +1.7%$24,555
        2020$8,122 -0.2%$24,555 -10.5%
        2019$8,143 +11.8%$27,436 +22.4%
        2018$7,282 +1.9%$22,417
        2017$7,145 +7.3%$22,417
        2016$6,658 -3.6%$22,417 +4.5%
        2015$6,908 +1.1%$21,448
        2014$6,835 +2.5%$21,448
        2013$6,666 -10.6%$21,448 -19.1%
        2012$7,459 +4.9%$26,497
        2011$7,108 +1.5%$26,497
        2010$7,000 -5%$26,497 -13.4%
        2009$7,371 +6.5%$30,609 -5%
        2008$6,919 +1.7%$32,221
        2007$6,802 +20.1%$32,221 +29.3%
        2006$5,662 -1.2%$24,926
        2005$5,730 +3.9%$24,926
        2004$5,513 +44.5%$24,926 +49.2%
        2003$3,816 +3.2%$16,707
        2002$3,699 +15.1%$16,707
        2001$3,213 -11.8%$16,707 +5.8%
        2000$3,645 +1.4%$15,785
        1999$3,594 $15,785
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60074

        Getting around

        51 / 100
        Somewhat Walkable
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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