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805 E Palatine Road Palatine, IL 60074

$360,000
Active / MLS# 12706201 / Residential - Single Family / Palatine
3 Beds
1 Bath
1650 SqFt

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.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 1,682.42 per month $800.00 Principal & Interest $777.42 Property Tax $105.00 Homeowner's Insurance
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Property Details

Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Fireplaces: 1
Garage: 2
Heating: Forced Air
Lot Size: 0.50 Acres
Taxes: $9,329
Year Built: 1944

Feature Descriptions

Additional rooms: Bonus Room
Association Includes: None
Exterior: Vinyl Siding
Lot Dimensions: 153X141
Parcel#: 02241000160000
Parking: Yes, Detached, Garage
Sewer: Septic Tank
Total Rooms: 4
Township: Palatine
Water: Well

Room Information

Bonus Room: 20X16
Bedroom 2: 19X11
Bedroom 3: 20X14
Primary Bedroom: 20X14

Schools

School District: District 15

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Legacy Properties, A Sarah Leonard Company, LLC

Listing Office Phone: 224-999-9100



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