805 Palatine Road, Palatine, Illinois 60074
$360,000
|
For Sale
|
|
| Status: | Contingent |
| Sqft: | 1,650 |
| Cost/Sqft: | $218 |
| Beds: | 3 |
| Baths: | 1 |
| Year Built: | 1944 |
| Property Taxes: | $9,329 |
| Days On Market: | 101 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1944 | |
| None | |
| Vinyl Siding | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / Not Applicable | |
| None | |
| Well | |
| Septic Tank | |
| Central Air | |
| Forced Air | |
| 12706201 | |
| 02241000160000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 14 Oct, 2026 | Under contract | $360,000 | MRED MLS |
| 15 Jul, 2026 | Listed for sale | $360,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: 20X14
Floor Type: —
Dimensions: 19X11
Floor Type: —
Dimensions: 20X14
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: Bonus Room
Name: Bonus Room
Dimensions: 20X16
Floor Type: —
Other Specifics
| 2 | |
| — | |
| Detached, Garage | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 153X141 | |
| — | |
| None | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $9,329 |
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Listing Provided By
Legacy Properties, A Sarah Leonard Company, LLC
