245 S Park Lane # 321 Palatine, IL $ 200,000
245 S Park Lane # 321
$ 200,000
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245 S Park Lane # 321

Palatine, IL, 60074
$ 200,000
Bedrooms2 Baths2.0 Sq 1,200

Monthly Estimate*

$ 1,248

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Condo for sale in Palatine, IL

for $200,000 with 2 bedrooms and 2 full baths. This 1,200 square foot condo was built in 1972.

Welcome to this spacious 2-bedroom, 2-bathroom condo located on the 3rd floor of a desirable community-offering both convenience and tremendous upside for the right buyer. Step inside and you'll find a well-designed layout with generous room sizes, an open living/dining area, and a private balcony overlooking the clubhouse and pool-perfect for morning coffee or winding down after a long day. While the home is in need of TLC, it presents a fantastic opportunity to build instant equity. Bring your vision and creativity-cosmetic updates will transform this condo into something truly stunning. Additional highlights include: Primary bedroom with ensuite bath,Plenty of closet space,Elevator building,Assigned parking + guest parking,Pool, clubhouse, and well-maintained community amenities Situated in an unbeatable location-just minutes from shopping, dining, Metra access, and only 4 minutes from the upcoming Chicago Bears stadium in Arlington Heights-this is a rare find for investors, first-time buyers, or anyone looking to customize a home to fit their style. Don't miss the chance to make this condo your own and capitalize on the exciting growth happening nearby!

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Condo Contingent

Price

$ 200,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 997

Style

Condo,Mid Rise (4-6 Stories)

Year Built

1972

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12015807

Features
General
Living Area 1200
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Dishwasher Refrigerator Range Hood Gas Cooktop Gas Oven
HOA Fee 322
Garage Spaces 1
Association Fee Includes Water Gas Parking Insurance Security Clubhouse Exercise Facilities Pool Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Cats OK
Year Built 1972
Electric Circuit Breakers
Township Palatine
Unit Number 321
Tax Year 2023
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Coin Laundry Elevator(s) Storage Park Party Room Pool Security Door Lock(s) Clubhouse
Contingency Attorney/Inspection
Subdivision Name Willow Creek
Total Rooms 5
Full Baths 2
Status Contingent
Directions Take RT 53 N to RT 14 Ramp and and head west on RT 14 Take right on Rohlwing Rd then take right on wilmette Rd. Home is on your left
City Palatine
High School District 21
MLS Area Palatine
Tax Annual Amount 997.7
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 15
Elementary School District 15
Sub Type Condo Mid Rise (4-6 Stories)
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Interior
Basement None
Total Fireplaces 0
Total Stories 4
Half Baths 0
Laundry Features Common Area
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 2
Total Number of Units 96
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Exterior
Exterior Amenities Balcony
Parking Features Heated Garage Yes Garage Owned Attached Garage
Water Source Lake Michigan
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Keller Williams Infinity

Broker

jaystallone.re@gmail.com;jaystallone.re@gmail.com

Email

Affordability Calculator

$1,331
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,248
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567947 Elementary School
566471 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$200,000 Listed Price

Map


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245 S Park Lane # 321, Palatine, IL, 60074 is a Condo for sale at $200,000 with 1,200 sqft. 245 S Park Lane # 321 has 2 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 60074 which is in Palatine, IL