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Backup Offers

309 E Parallel St, Palatine, IL, 60067

$349,900

Home List Price

$4,155*

Closing Credit

3 Bedrooms
2 Full Baths
1,066 SqFt
$328/SqFt
House

Location

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309 E Parallel St, Palatine$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1956
HeatingSteam
BasementYes
WaterfrontFencing
MLS #12254113
Lot Size0.20 Acres
StatusAccepting Backup Offers
(Contingent)

About 309 E Parallel St

Move in ready ranch near downtown Palatine perfect for first time homebuyers or anyone looking to downsize. 3 beds and 2 full baths. Upgrades include new roof & gutters with guards on home and garage, as well as new siding on home (2023). Fully fenced in yard with cement patio. Hardwood floors throughout. Huge finished basement with full bath for extra living space, office, rec room or all three. Large detached 2.5 car garage with front and rear access that is perfect for boat or trailer storage with gravel pad behind. Very large laundry room with two closets for tons of storage. New hot water heater (2024). Newer ejector pump (2022). Large shed with below grade screening to prevent animals from burrowing. New ADT security system (2024). Carport. Desirable district 15 & 211 schools. Close to Metra train and everything downtown Palatine has to offer. Home was under contract for 35 days, but buyer was unable to secure financing to close.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1956
  • Living Area: 1,066 SqFt

Listing Office:

  • Office Name: Keller Williams Thrive
  • Office Phone: (847) 241-2200
  • Listing Agent: Mark Veit

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Hardwood Floors, First Floor Bedroom, First Floor Full Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing, Sidewalk
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: Northwest Hwy (14) to Parallel st. west to 309.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
  • Price Per SqFt: $328/SqFt

Tax Information:

  • Annual Amount: $5,724
  • Tax Year: 2019
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Housing Market Comparison

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

Med. Sold Price

$334.5K

Med. Price/SqFt

$216

Avg. Days On Market

23

# of Sold Homes

65

309 E Parallel St vs Palatine

11 DAYS ON ROCKET

-12 Days

$349,900

+$15.3K More

$328/SqFt

+$111 More

KEY TAKEAWAY

This property is $15.3K more than the Median Sold Price and $111/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: #12254113

Listing Office:

  • Office Name: Keller Williams Thrive
  • Office Phone: (847) 241-2200
  • Listing Agent: Mark Veit

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

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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.

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Property Sales & Tax

Listing History

Dec 20, 2004Home Sold
$243,500
Nov 16, 2001Home Sold
$182,500

Tax History

YEARPROP. TAXASSESSMENT
2019$5,724$23,388
2018$5,746$21,928
2017$5,656$21,928

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-846349
3
/10
  • Gray M. Sanborn Elementary School

  • 101 N Oak St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-846350
5
/10
  • Stuart R. Paddock Elementary School

  • 225 W Washington St

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-846351
5
/10
  • Winston Campus Elementary School

  • 900 E Palatine Rd

  • 0.78 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,459. Typical income of Palatine, IL residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 309 E Parallel St

What is the listing price of this property?

The listing price of 309 E Parallel St property is $349,900.

What type of property is this?

The property 309 E Parallel St is a house located in Palatine, Illinois, 60067.

Is this property for sale now?

Accepting Backup Offers: 309 E Parallel St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $5,724 (source: MLS/based on county public records data).

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

The last sale was on December 20, 2004 for $243,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 309 E Parallel St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 309 E Parallel St is 1,066 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 309 E Parallel St is 1956.

Rocket Homes›Illinois›Cook County›Palatine›60067›309 E Parallel St

This home is located at 309 E Parallel St in Palatine, IL and zip code 60067 in the Prairie View neighborhood. This 1,066 square foot home, which was built in 1956, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $349,900.

Over 16 listings were sold over their listed price in November 2024 in Palatine, IL. In the same period over 36 listings were sold below the listed price and 13 listings were sold for the listed price. The number of listings in Palatine, IL decreased by 10.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $334,571, while the average time on the real estate market was 23 days.

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

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