505 S Elm Street
Palatine, IL, 60067 $ 675,000
Bedrooms4 Baths3.1 Sq 2,200 Monthly Estimate*
$ 4,156
for $675,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,200 square foot home was built in 1967 on a lot size of 0.2318.
This beautifully finished residence offers the open-concept design and modern style you've been searching for. Step inside and be immediately impressed by the gorgeous kitchen (2020) featuring white shaker-style cabinets, a large island ideal for gatherings, and a separate wine bar area - truly the heart of the home. Gleaming hardwood floors flow throughout, complemented by built-in cubbies that add both charm and practical storage. The spacious family room serves as a welcoming gathering space with a gorgeous fireplace (2020), perfect for cozy nights in. Sliding doors lead out to your private fenced backyard, showcasing a roomy patio with a pergola surrounded by lush greenery - an ideal setting for outdoor entertaining or peaceful relaxation. Don't miss the expanded mudroom/drop zone (2020) off the garage, providing added convenience and organization. Retreat to the primary suite, thoughtfully located on its own level for privacy, complete with a walk-in closet and primary bath. Three additional bedrooms, each featuring hardwood floors, plus another full bath complete the second level. The finished lower level (2020) offers extra living and entertainment space, including a full heated floored bathroom (2020) with a walk-in shower and a sophisticated showcase ceiling - perfect for hosting guests or enjoying a movie nights. Additional updates include: windows ('20), ac ('20), furnace ('20), fenced yard, concrete driveway ('25). Enjoy the convenience of walking to nearby schools, parks, pools, and recreation centers. Plus, you're just minutes from downtown Palatine with Metra access, restaurants, shopping, nightlife, and more!
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FeaturesGeneralLiving Area 2200
Sewer Public Sewer
Heating Natural Gas Forced Air Radiant
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s) Wine Refrigerator Oven Range Hood
HOA Fee 0
Garage Spaces 2
Association Fee Includes None
Construction Materials Aluminum Siding Brick
Year Built 1967
Electric Circuit Breakers
Township Palatine
Tax Year 2024
Ownership Fee Simple
Community Features Park Curbs Sidewalks Street Lights Street Paved
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Subdivision Name Palatine Knolls
Other Structures Pergola
Total Rooms 9
Full Baths 3
Status New
Directions QUENTIN TO ILLINOIS EAST TO ELM NORTH TO HOME
High School Wm Fremd High School
City Palatine
High School District 211
MLS Area Palatine
Elementary School Pleasant Hill Elementary School
Tax Annual Amount 12064.92
Middle/Junior High School Plum Grove Middle School
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
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InteriorInterior Amenities Dry Bar
Basement Finished Sub-Basement Partial
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Gas Starter
Half Baths 1
Laundry Features Main Level In Unit
Total Bedrooms 4
Room Type Office Recreation Room Walk In Closet
Total Baths 4
Bedrooms Possible 4
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ExteriorExterior Amenities Fire Pit
Parking Features Concrete Garage Door Opener Yes Garage Owned Attached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 77 X 117
Lot Size Acres 0.2318
Waterfront Y/N N
Other Equipment Sump Pump
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
Amy@DealwithDiamond.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,156
- Monthly Property Taxes
- $1,005
- 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 $622,062
Percent of Sale Price 8%
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.
565144 Elementary School
4711538 Middle School
Wm Fremd High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/15/2026 | $675,000 | | Listed Price |