Palatine, IL Multi-family homes For Sale

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Rocket HomesIllinoisCook CountyPalatineMulti-family homes

Palatine, IL Real Estate Market Overview

In November 2024 in Palatine, IL there were 10.6% less homes for sale than in October 2024. In November 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $334,571. In November 2024 more than 16 listings in Palatine, IL were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 36 were sold below.

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

Living In Palatine, IL

What is it like to live in Palatine, Illinois?

Palatine is located in Cook County, Illinois. There are roughly 65,894 residents, living in 25,676 households. The average temperature for Palatine this time of the year is low of 19F and high of 34F. On average, Palatine gets about 2.17 inches of precipitation in December. Most residents are home owners (72%), have a post secondary degree (57%) and are single, no kids (40%).

Info - Data provided by Home JunctionData provided by Home Junction

What type of housing is available in Palatine, Illinois?

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.

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 are the advantages of living in Palatine, Illinois?

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.

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.

Are things conveniently located in Palatine, Illinois?

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.

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 does the transportation in Palatine, Illinois 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.

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.

Homes For Sale Near Palatine, IL

Housing Market Reports In Cook County

Schools Near Palatine, IL

Elementary Schools

  • Virginia Lake Elementary School

    925 N Glenn Dr

    Public District KG-5

  • Lincoln Elementary School

    1021 N Ridgewood Ln

    Public District KG-5

  • Pleasant Hill Elementary School

    434 W Illinois Ave

    Public District KG-5

Middle Schools

  • Plum Grove Junior High School

    2600 Plum Grove Rd

    Public District 6-8

  • Winston Campus Junior High School

    120 N Babcock Dr

    Public District 6-8

  • Walter R. Sundling Junior High School

    1100 N Smith St

    Public District 6-8

High Schools

  • Wm Fremd High School

    1000 S Quentin Rd

    Public District 9-12

  • Palatine High School

    1111 N Rohlwing Rd

    Public District 9-12

Info IconData provided by Great Schools

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1Based on Rocket Mortgage data in comparison to public data records.

2Based on Rocket Homes℠ closed client surveys received from 2011-2021.

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