842 W Northwest Highway
Palatine, IL, 60067 $ 425,000
Bedrooms3 Baths2.0 Sq 2,157 Monthly Estimate*
$ 2,617
for $425,000 with 3 bedrooms and 2 full baths. This 2,157 square foot home was built in 1942 on a lot size of 0.358.
842 W Northwest Highway presents a rare opportunity to own one of Palatine's most versatile and strategically located properties. Situated just minutes from vibrant downtown Palatine and only a short 2.5 miles to the Metra station, this property offers the perfect blend of accessibility, visibility, and future potential. Originally built as a duplex, the property has evolved over the years and most recently operated as a successful dog daycare and grooming facility, serving as a destination for pet owners throughout the area. Today, the property is zoned R-1 Single Family Residential, opening the door to a wide range of possibilities for investors, developers, business owners, and visionaries alike. Imagine restoring the property to its original duplex configuration, creating a unique owner-occupied residence with rental income potential. Explore the possibility of obtaining village approval for a new commercial use, capitalizing on the exceptional Northwest Highway location. Or unlock the site's redevelopment potential with a fresh vision that could include new residential construction, townhomes, or another creative project that complements the continued growth of downtown Palatine. Opportunities like this are becoming increasingly rare. Large parcels with a proven history of commercial use, flexible future possibilities, and walkable access to transportation, dining, entertainment, and shopping are highly sought after. Whether you're looking for your next investment, redevelopment project, business location, or long-term hold, 842 W Northwest Highway offers the chance to create something truly special.Bring your imagination, conduct your due diligence, and discover why this property may be one of the most exciting opportunities currently available in Palatine.
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FeaturesGeneralLiving Area 2157
Sewer Public Sewer
Heating Steam
Cooling Wall Unit(s)
Possession Closing
Roof Asphalt
Garage Spaces 0
Association Fee Includes None
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 1942
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
Other Structures Dog Kennel Garage(s)
Total Rooms 7
Full Baths 2
Status New
Directions Rt. 14 to Franklin Ave. Property on East side of the street.
High School Palatine High School
City Palatine
High School District 211
MLS Area Palatine
Elementary School Gray M Sanborn Elementary School
Tax Annual Amount 7792.77
Middle/Junior High School Walter R Sundling Middle School
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
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InteriorInterior Amenities Built-in Features
Basement Partially Finished Full
Total Fireplaces 0
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 3
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ExteriorExterior Amenities Dog Run
Parking Features Concrete Heated Garage Yes Garage Owned Detached Driveway Owned Garage
Lot Features Corner Lot Legal Non-Conforming
Water Source Public
Total Parking 3
Foundation Details Block Concrete Perimeter
Lot Dimensions 91.2x171.7x90.9x171.6
Lot Size Acres 0.358
Waterfront Y/N N
Other Equipment Air Purifier Security Cameras
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* Excluded FeaturesList Byjack.sheetz@bairdwarner.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,617
- Monthly Property Taxes
- $649
- 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 $653,125
Percent of Sale Price 54%
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.
565588 Elementary School
4711536 Middle School
Palatine High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/1/2026 | $425,000 | | Listed Price |