1040 N Knollwood Drive
Palatine, IL, 60067 $ 299,000
Bedrooms2 Baths1.1 Sq 1,155 Monthly Estimate*
$ 1,888
for $299,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,155 square foot townhouse was built in 1986.
Discover the allure of this exquisite 2 bedroom, 1.5 bathroom townhome in the sought-after Knollwood community of Palatine. As you enter, you'll be greeted by a spacious living room with fireplace, adorned with a cathedral ceiling, creating an airy and inviting atmosphere bathed in natural light. Freshly painted throughout June 2026. The galley kitchen includes a newer refrigerator(2025), pantry, and a charming eating area. Convenience meets style with main level laundry (washer/dryer 2024) and a powder room. Upstairs, the master suite offers a tranquil retreat with a spacious walk-in closet, while the second bedroom provides ample space and a large closet. This home also includes an attached one-car garage with additional storage. Furnace, AC, and water heater all new in 2025. The neighborhood provides access to a swimming pool, clubhouse, tennis and basketball courts, offering a perfect blend of relaxation and recreation. Conveniently located near Deer Park Forest Preserve, 53/90, dining, entertainment, and shopping, this townhome offers the best of both worlds. Perfect for investors, the HOA covers pool access, club house amenities, tennis, water, exterior maintenance, lawn care, scavenger service, and snow removal.
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FeaturesGeneralLiving Area 1155
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
HOA Fee 375
Garage Spaces 1
Association Fee Includes Insurance Clubhouse Exercise Facilities Pool Lawn Care Snow Removal
Construction Materials Vinyl Siding
Pets Allowed Cats OK Dogs OK
Year Built 1986
Electric Circuit Breakers
Township Palatine
Tax Year 2024
Ownership Fee Simple w/ HO Assn.
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Total Rooms 5
Full Baths 1
Status Active
Directions Dundee west of Quentin to Knollwood south to home
High School Palatine High School
City Palatine
High School District 211
MLS Area Palatine
Elementary School Stuart R Paddock Elementary Scho
Tax Annual Amount 6109.53
Middle/Junior High School Walter R Sundling Middle School
Standard Status Active
Middle/Junior School District 15
Elementary School District 15
Sub Type Townhouse-2 Story
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InteriorInterior Amenities Vaulted Ceiling(s)
Basement None
Flooring Laminate
Total Fireplaces 1
Fireplace Features Wood Burning
Total Stories 2
Half Baths 1
Laundry Features Main Level
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 2
Total Number of Units 4
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ExteriorParking Features Asphalt Garage Door Opener Yes Garage Owned Attached Garage
Lot Features Cul-De-Sac
Water Source Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions 35x16x15x46x28
Waterfront Y/N N
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* Excluded FeaturesList Bytom.udvance@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,888
- Monthly Property Taxes
- $509
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyTownhouse listings in Palatine, IL
Average List Price $439,417
Percent of Sale Price 47%
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.
4712216 Elementary School
4711536 Middle School
Palatine High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/29/2026 | $299,000 | | Listed Price |