502 N Smith Street Palatine, IL $ 375,000
502 N Smith Street
$ 375,000
Recently Listed
Share Save

502 N Smith Street

Palatine, IL, 60067
$ 375,000
Bedrooms2 Baths1.0 Sq 823

Monthly Estimate*

$ 2,309

502 N Smith Street, Palatine, IL 60067 - Image 1
502 N Smith Street, Palatine, IL 60067 - Image 2
502 N Smith Street, Palatine, IL 60067 - Image 3
502 N Smith Street, Palatine, IL 60067 - Image 4
502 N Smith Street, Palatine, IL 60067 - Image 5
502 N Smith Street, Palatine, IL 60067 - Image 6
502 N Smith Street, Palatine, IL 60067 - Image 7
502 N Smith Street, Palatine, IL 60067 - Image 8
502 N Smith Street, Palatine, IL 60067 - Image 9
502 N Smith Street, Palatine, IL 60067 - Image 10
502 N Smith Street, Palatine, IL 60067 - Image 11
502 N Smith Street, Palatine, IL 60067 - Image 12
502 N Smith Street, Palatine, IL 60067 - Image 13
502 N Smith Street, Palatine, IL 60067 - Image 14
502 N Smith Street, Palatine, IL 60067 - Image 15
502 N Smith Street, Palatine, IL 60067 - Image 16
502 N Smith Street, Palatine, IL 60067 - Image 17
502 N Smith Street, Palatine, IL 60067 - Image 18
502 N Smith Street, Palatine, IL 60067 - Image 19
502 N Smith Street, Palatine, IL 60067 - Image 20
View a Virtual Tour

Single Family Home for sale in Palatine, IL

for $375,000 with 2 bedrooms and 1 full bath. This 823 square foot home was built in 1956 on a lot size of 0.2548.

Renovated and meticulously maintained ranch home near Downtown Palatine! This home features wide-plank siding freshly painted in 2025 and other expansive renovations including mostly new electrical and mostly new plumbing (2022), new roof and HVAC (2023), basement drain tile (2024), perimeter drainage channel and sealed foundation (2023), and an extended sump pump discharge line routed more than 40 feet from the home underground (2024), new gutters and downspouts (2025), new asphalt driveway (2024, improved from dirt driveway) driveway sealed in 2025, new concrete walkway (2025), and newly built front and back porches (2025). The backyard was professionally regraded and landscaped in 2024 with select tree removal and trimming. A new concrete slab (2024) offers flexible space for a tiny home, RV, boat, shed, or greenhouse. Interior highlights include real hardwood floors in the living room and two bedrooms, tile in the kitchen and bath, granite countertops, white shaker cabinets, and stainless steel appliances. Owner acquired 3 verbal estimates for a 2 bedroom 1 bathroom addition on the south side of the home or as a second story addition, the quotes ranged from $100,000-$125,000. Zero lot new construction homes are selling in the same area for $700,000 plus! The tiny home in the backyard will be removed prior to closing unless included in a separate negotiated bill of sale. Seller is a licensed IL Real Estate Managing Broker and licensed Community Association Manager.

See more

Single Family Active

Price

$ 375,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 5,841

Style

Ranch

Lot Size

0.2548

Year Built

1956

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12626361

Features
General
Living Area 823
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch
Construction Materials Aluminum Siding
Year Built 1956
Electric Circuit Breakers
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 4
Full Baths 1
Status New
Directions Northwest Hwy South on Smith to property
High School Palatine High School
City Palatine
High School District 211
MLS Area Palatine
Elementary School Gray M Sanborn Elementary School
Tax Annual Amount 5841.26
Middle/Junior High School Carl Sandburg Middle School
Virtual Tour https://media.zillowmediaexperts.com/sites/rvwxjbya/unbranded
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
See more
Interior
Basement Cellar Partial
Half Baths 0
Total Bedrooms 2
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 2
See more
Exterior
Parking Features Gravel Yes Garage Owned Detached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 2
Foundation Details Block
Lot Dimensions 60X185
Lot Size Acres 0.2548
Waterfront Y/N N
See more
* Excluded Features
List By
Compass

Broker

babs.lowe@protonmail.com;Babs.lowe@protonmail.com

Email

Affordability Calculator

$2,796
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$487
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565588 Elementary School
4716459 Middle School
Palatine High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$375,000 Listed Price

Map


See all

502 N Smith Street, Palatine, IL, 60067 is a Single Family Home for sale at $375,000 with 823 sqft and a lot size of 0.2548. 502 N Smith Street has 2 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 60067 which is in Palatine, IL