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141 N Cedar St , Palatine, IL 60067
$350,000
Est. Payment: $777.78/mo
3 Bed
1 Bath
1644 Sqft
0.18 Acres
Status: closed | Days on site: 5
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House Description

Rare opportunity to own a charming, character-filled home in the heart of downtown Palatine. Unlike today's cookie-cutter homes, this property offers timeless architectural details, high ceilings, crown molding, and a unique personality that is increasingly hard to find. The spacious family room overlooks an exceptionally large backyard, creating the perfect balance of urban convenience and suburban outdoor living. Whether you envision summer gatherings, gardening, a play area, future expansion, or adding additional garage space, the oversized lot provides endless possibilities. The oversized garage offers excellent storage, workshop space, or room for hobbyists and outdoor enthusiasts. Thoughtfully maintained and updated, this home features new plumbing and electrical (2026), some newer windows (2022) with a transferable 20-year warranty, a new water heater (2024), and a roof approximately 10 years old. Boiler has been maintenance and repaired, insulation added in attic. The basement was professionally waterproofed by US Waterproofing in 2021 and includes a transferable warranty for added peace of mind. A new clean-out has also been installed. Most of the interior has been freshly painted within the last two years, and the kitchen cabinets have been professionally refinished, blending modern style with the home's original charm. Enjoy one of Palatine's most desirable lifestyles with easy access to downtown restaurants, coffee shops, entertainment, parks, and the Metra station, making commuting to Chicago simple and convenient. Whether you're searching for a move-in-ready home, a property with room to grow, or a walkable downtown location with character and modern updates, this home checks all the boxes. A truly special property offering historic charm, valuable updates, a generous lot, and an unbeatable downtown Palatine location.

Highlights

Listed by Danielle Klausing , 847-812-7888 Real Broker LLC , 217-960-8605.

Property Type

Residential

Lot/Acreage
0.18

Year Built

1930

County

Cook

Area

Palatine

School District

15

Listing ID

12736842

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier, CO Detectors,Ceiling Fan(s),Sump Pump,Water Heater-Gas
Air Cond:Wall Unit(s)
Fireplaces:Wood Burning Stove
Floor:Hardwood
Basement:Unfinished,Full
Other:
  • ▪ Additional:1st Floor Bedroom, 1st Floor Full Bath
Water:Public

Exterior Features

Lot:Wooded
Lot Dimensions:60X129
Roof:Asphalt
Others:
  • ▪ Additional:Fire Pit
Sewer:Public Sewer
Parking Features:Asphalt,Yes,Garage Owned,Detached,Garage
Principal Interest
$778
Taxes
$750

Home Price

$350,000

Loan Details

30 yrs
%

Down Payment

20%
$70,000
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Monthly Price:
$777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $777.78 $750.23 $0.00 $1,528.01
Yearly $9,333.33 $9,002.81 $0.00 $18,336.14
Total $280,000.00 $270,084.30 $0.00 $550,084.30

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Palatine, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.