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278 W Illinois Ave, Palatine, IL, 60067

$719,000

Home List Price

$8,538*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,570 SqFt
$280/SqFt
House

Location

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278 W Illinois Ave, Palatine$719,000

Buyer Closing Credits

$8,538*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year BuiltNew Const., 2025
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontCreek
FireplaceElectric
MLS #12182677
Lot Size0.62 Acres
StatusActive

About 278 W Illinois Ave

Build your dream house! Well-known custom builder has plans for a 2500 sq ft home or will customize your plans! Beautiful lot is approx. 99 ft wide and 280 ft deep. House will be set back about 90' from the road. The home is walking distance to award-winning Pleasant Hill Elementary and Fremd High Schools. Free bus to Plum Grove Middle School. Near several parks, Birchwood Pool & shopping. Easy access to Rt 53 and 2 train stations. Details on listing are proposed features.

Property Details

Property Features

Property Information:

  • Year Built: 2025
  • Living Area: 2,570 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Starck Real Estate
  • Office Phone: (847) 359-4600
  • Listing Agent: Susan Gould

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Range Hood
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, Walk-In Closet(s), Pantry
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Creek

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Wooded, Trees, Creek, Sidewalk
  • Lot Size: 0.62 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Illinois Ave E of Quentin Rd to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $719,000
  • Price Per SqFt: $280/SqFt

Tax Information:

  • Annual Amount: $2,835
  • 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

$334.4K

Med. Price/SqFt

$216

Avg. Days On Market

19

# of Sold Homes

82

278 W Illinois Ave vs Palatine

37 DAYS ON ROCKET

+18 Days

$719,000

+$384.5K More

$280/SqFt

+$64 More

KEY TAKEAWAY

This property is $384.5K more than the Median Sold Price and $64/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: #12182677

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Starck Real Estate
  • Office Phone: (847) 359-4600
  • Listing Agent: Susan Gould

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.

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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: 11/16/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$2,835$9,886
2018$2,860$9,204
2017$2,806$9,204

History based on county public records data.

Payment Calculator

$3,656

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,222

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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-384541
8
/10

  • Pleasant Hill Elementary School

  • 434 W Illinois Ave

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-384542
5
/10

  • Stuart R. Paddock Elementary School

  • 225 W Washington St

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-384543
7
/10

  • Hunting Ridge Elementary School

  • 1105 W Illinois Ave

  • 1.05 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 $109,302. The most common annual income of people living in Palatine, IL is between $100k-200k. The majority of families are married, with kids. Most 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 278 W Illinois Ave

What is the listing price of this property?

The listing price of 278 W Illinois Ave property is $719,000.

What type of property is this?

The property 278 W Illinois Ave is a house located in Palatine, Illinois, 60067.

Is this property for sale now?

Active Listing: 278 W Illinois Ave 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 $2,835 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 278 W Illinois Ave has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 278 W Illinois Ave is 2,570 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 278 W Illinois Ave is 2025.

Rocket Homes›Illinois›Cook County›Palatine›60067›278 W Illinois Ave

This home is located at 278 W Illinois Ave in Palatine, IL and zip code 60067. This 2,570 square foot home, which was built in 2025, sits on a 0.62 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $719,000.

In October 2024, from all listings sold in Palatine, IL there were more than 20 sold above asking price, over 44 sold below and more than 18 were sold right at the asked price. In October 2024 in Palatine, IL there were 14.4% more homes for sale than in September 2024. In October 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $334,428.

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

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