805 E Palatine Road,Palatine, IL 60074
Palatine, IL 60074
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.
Details
| MLS # | 12706201 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1944 |
| Days On Site | 56 |
| Listing Provided By | Legacy Properties, A Sarah Leonard Company, LLC | Morgan Danuk |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,650 |
| Garage | 2 |
| Story(s) | 1 |
Interior
| Rooms Total | 4 |
|---|---|
| Cooling | Central Air |
| Heating | Forced Air |
| Fireplaces Total | 1 |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Parking
| Parking Features | Yes, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Septic Tank |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 9329 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Palatine |
| Zip Code | 60074 |
| Area | Palatine |
| Listing VS Median (in 60074) | |
Price: $360,000 low | high Med: $298,950 sqft: 1,650 low | high Med: 1,429 $ / sqft: $218 low | high Med: $209 On site: 56 low | high Med: 35 | |
Market Activity 60074
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Palatine |
| Zip Code | 60074 |
| Area | Palatine |
| Listing VS Median (in 60074) | |
Price: $360,000 low | high Med: $298,950 sqft: 1,650 low | high Med: 1,429 $ / sqft: $218 low | high Med: $209 On site: 56 low | high Med: 35 | |
