1040 E Grissom Drive
Palatine, IL, 60074 $ 525,000
Bedrooms3 Baths2.0 Sq 1,800 Monthly Estimate*
$ 3,233
for $525,000 with 3 bedrooms and 2 full baths. This 1,800 square foot home was built in 1971.
Ideally located in the Virginia Lake subdivision of Palatine, this expansive all brick Ranch is waiting for you and your family to enjoy 1800SF (appx) of living space. As you enter the foyer, you'll be stepping into the family room and kitchen (both recently gutted). You'll immediately notice the new kitchen upgrades with custom cabinetry, granite counters, island, stainless steel appliances, recessed lights, gorgeous wood flooring, 2 skylights, and tons of natural light! Spacious family room features a striking stone fireplace, sliding doors overlooking the huge outdoor patio, beautiful wood floors, and new recessed lighting. Adjacent to the kitchen is the dining and living room areas with hardwood floors throughout. This floorplan is perfect for casual or formal gatherings, dinners, and entertaining!! The 3 bedrooms are all generous sizes with great closet space. The primary bedroom includes a full bath with a walk-in closet! Main level laundry room, so no lugging of clothes up and down stairs! Very spacious lower level with all kinds of possibilities and expansion ideas. Walls are finished and recently painted, upgraded elec panel box, plus additional storage and utility rooms, and separate crawl space. NOTE: Additional home generator also included!!! 2 car attached garage with more storage. Large backyard waiting for your ideas. *Lot SF 12,452. *** Close to Schools, Sycamore Park, Palatine Bike trails, Shops, etc. You're only minutes from Route 53 for easy commutes!!
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FeaturesGeneralLiving Area 1800
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Range Dishwasher Refrigerator Washer Dryer Stainless Steel Appliance(s)
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch
Construction Materials Brick
Year Built 1971
Township Palatine
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 8
Full Baths 2
Status New
Directions RAND RD (12) TO WILLIAMS DR SOUTH TO GRISSOM
High School Palatine High School
City Palatine
High School District 211
MLS Area Palatine
Elementary School Jane Addams Elementary School
Tax Annual Amount 7589
Middle/Junior High School Winston Campus Middle School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
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InteriorInterior Amenities 1st Floor Bedroom 1st Floor Full Bath Granite Counters
Basement Partially Finished Crawl Space Storage Space Full
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Gas Starter
Half Baths 0
Laundry Features Main Level Gas Dryer Hookup Sink
Total Bedrooms 3
Room Type Recreation Room Utility Room-Lower Level Storage Foyer Walk In Closet
Total Baths 2
Bedrooms Possible 3
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ExteriorParking Features Garage Door Opener Yes Attached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 74X179X66X31X134
Waterfront Y/N N
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
bernie.larocco@cbexchange.com;bernlarocco@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,233
- Monthly Property Taxes
- $632
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Palatine, IL
Average List Price $658,919
Percent of Sale Price 26%
About Palatine, IL 67,137 Population
2% Since 2002
$ 76,021 Median Income
39.39 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
565457 Elementary School
4711537 Middle School
Palatine High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/10/2026 | $525,000 | | Listed Price |