3 months on rocket

124 W Colfax St Unit 401, Palatine, IL, 60067

$329,000

Home List Price

$3,907*

Closing Credit

2 Bedrooms
2 Full Baths
1,375 SqFt
$239/SqFt
Condo

Location

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124 W Colfax St Unit 401, Palatine$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built2002
HeatingRadiant
CoolingCentral Air
MLS #12147079
StatusActive
(Re-activated)

About 124 W Colfax St Unit 401

Bright and spacious south east corner unit now being offered for sale. Well cared for home with hardwood floors, kitchen granite countertops/backsplash and stainless steel appliance are just few features that make it move in ready. Master bedroom offers private bath with walk-in shower, shower seat, wonderful walk-in closet and large window. In unit laundry with extra cabinets, pantry closet in the kitchen and additional cabinets in the kitchen will satisfy all your storage needs. Generous size balcony nestled in the trees will provide the privacy and perfect place to decompress. Easy walk to train and downtown restaurants, farmer's market and more, makes it a perfect spot for anyone looking to be involved in the community life and their events. Immaculately maintained elevator building with award winning management is a perfect spot to call home while all the conveniences will make is an easy adjustment for anyone. One car parking in heated and lit garage is included along with the ample storage while building offers community bike racks. Must see.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 5
  • Living Area: 1,375 SqFt

Listing Office:

  • Office Name: HomeSmart Connect, LLC.
  • Office Phone: (847) 495-5000
  • Listing Agent: Bernadette Lowe

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Plum Grove Rd. to Colfax W to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $239/SqFt

HOA Fees:

  • Amount: $380
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,673
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Palatine, IL.

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Palatine, IL

City

Med. Sold Price

$334.5K

Med. Price/SqFt

$216

Avg. Days On Market

23

# of Sold Homes

65

124 W Colfax St Unit 401 vs Palatine

92 DAYS ON ROCKET

+69 Days

$329,000

-$5.5K Less

$239/SqFt

+$22 More

KEY TAKEAWAY

This property is $5.5K less than the Median Sold Price and $22/SqFt more than other homes in Palatine, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12147079

Listing Office:

  • Office Name: HomeSmart Connect, LLC.
  • Office Phone: (847) 495-5000
  • Listing Agent: Bernadette Lowe

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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 Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 8:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 2016Home Sold
$235,000
Dec 19, 2007Home Sold
$258,000

Tax History

YEARPROP. TAXASSESSMENT
2019$5,673$23,212
2018$5,030$19,624
2017$5,983$19,624

History based on county public records data.

Payment Calculator

$2,090

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-272983
5
/10

  • Stuart R. Paddock Elementary School

  • 225 W Washington St

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-272984
3
/10

  • Gray M. Sanborn Elementary School

  • 101 N Oak St

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-272985
3
/10

  • Lincoln Elementary School

  • 1021 N Ridgewood Ln

  • 1.21 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,579. The most common annual income of people living in Palatine, IL is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palatine, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Palatine, IL?

The housing landscape in Palatine is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and lifestyles. Architectural styles range from classic mid-century designs to contemporary constructions, with a significant portion of homes built in the latter half of the 20th century. The area has a healthy homeownership rate, with a substantial percentage of residents owning their homes, while the remainder of the population resides in rental properties.

Is Palatine, IL a good place to live?

Palatine prides itself on a community-centric atmosphere, where local events and festivals play a pivotal role in bringing residents together. The area is celebrated for its well-maintained parks and recreational facilities, which contribute to the town's family-friendly character. Seasonal events and community gatherings are a testament to the town's vibrant cultural identity and strong sense of togetherness.

Are things conveniently located in Palatine, IL?

Residents of Palatine benefit from a robust selection of essential services. The educational landscape includes a number of public and private schools, offering a range of options for families. Healthcare is well-supported by local clinics and hospitals that provide a variety of services from routine care to specialized treatments. The community also enjoys access to public libraries and a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services to meet the evolving needs of the population.

What does the transportation in Palatine, IL look like?

Transportation in Palatine features a combination of public transit options and well-connected roadways that facilitate easy commuting and travel within the area. The community is served by a network of buses, with schedules designed to accommodate the needs of residents. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area. The town also emphasizes walkability in certain districts, with ongoing efforts to enhance pedestrian and bicycle infrastructure for a more sustainable and accessible environment.

Frequently Asked Questions About 124 W Colfax St Unit 401

What is the listing price of this property?

The listing price of 124 W Colfax St Unit 401 property is $329,000.

What type of property is this?

The property 124 W Colfax St Unit 401 is a condo located in Palatine, Illinois, 60067.

Is this property for sale now?

Active Listing: 124 W Colfax St Unit 401 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $5,673 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 9, 2016 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 124 W Colfax St Unit 401 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 124 W Colfax St Unit 401 is 1,375 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 124 W Colfax St Unit 401 is 2002.

Rocket Homes›Illinois›Cook County›Palatine›60067›124 W Colfax St Unit 401

This home is located at 124 W Colfax St Unit 401 in Palatine, IL and zip code 60067. This 1,375 square foot home was built in 2002. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $329,000.

While more than 16 listings in Palatine, IL in November 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 36 were sold below. Between October 2024 and November 2024, Palatine, IL real estate market has seen decrease in the number of listings by 10.6%. Listings spent 23 days on the market in November 2024, and had a median list price of $334,571 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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