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805 E Palatine Rd , Palatine, IL 60074
$360,000
Est. Payment: $1,964.67/mo
3 Bed
1 Bath
1650 Sqft
Status: contingent | Days on site: 102
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28889 - 259986,29604
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House Description

Outstanding opportunity to own a unique and well-maintained property situated on a beautifully landscaped 1/2-acre lot surrounded by mature trees, offering exceptional privacy in a highly desirable Palatine location. Originally built as a single-family home and later rezoned for office use, this one-of-a-kind property offers incredible flexibility for a variety of future uses. Buyers seeking a distinctive residence may have the opportunity to convert the property back to single-family residential use, subject to approval by the Village of Palatine. Alternatively, the property may continue to serve as a professional office, making it an excellent option for owner-users, entrepreneurs, or those looking for a live/work opportunity (buyers should verify all zoning requirements and permitted uses with the Village). Inside, the flexible floor plan features two oversized rooms currently used as private offices, a central reception area that could easily become a spacious living room or dining area, and an additional room ideal for a bedroom, home office, nursery, or storage. The property also includes a full bathroom and a convenient kitchenette with refrigerator, cabinet storage, and space for a microwave and coffee station, providing an excellent starting point for future customization. Outside, you'll find a detached two-car garage, a dedicated parking area accommodating six or more vehicles, and a separate standalone building offering endless possibilities as a workshop, studio, home gym, guest space, hobby room, private office, or additional storage. Major mechanical updates have already been completed, including a newer furnace and hot water heater, both replaced within the past two years. Located just over one mile from the proposed future Chicago Bears stadium development in Arlington Heights, this property offers exceptional long-term investment potential in one of the northwest suburbs' most exciting growth corridors. Whether you're envisioning a charming custom residence, a unique live/work property, or a continued professional office, this versatile property offers an exceptional opportunity to bring your vision to life.

Highlights

Listed by Morgan Danuk , 630-956-3013 Legacy Properties, A Sarah Leonard Company, LLC , 224-999-9100. Midwest Real Estate Data mls logo

Property Type

Residential

Year Built

1944

County

Cook

Area

Palatine

School District

15

Listing ID

12706201

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Air Cond:Central Air
Fireplaces:
Water:Well

Exterior Features

Lot Dimensions:153X141
Garage Capacity:8
Sewer:Septic Tank
Parking Features:Yes,Detached,Garage
Principal Interest
$1,965
Taxes
$777

Home Price

$360,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$72,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,964.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,964.67 $777.42 $0.00 $2,742.08
Yearly $23,576.01 $9,329.00 $0.00 $32,905.01
Total $707,280.37 $279,870.00 $0.00 $987,150.37
Lender profile image
Master Chief
Lender
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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.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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