Recently Viewed Properties

No photo available

See This Home
Save This Listing
Close

$299,000

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,155 Sq. Ft.
  • 1 Car Garage
  • Updated 5 days ago

No photo available

Discover the allure of this exquisite 2 bedroom, 1.5 bathroom townhome in the sought-after Knollwood community of Palatine. As you enter, you'll be greeted by a spacious living room with fireplace, adorned with a cathedral ceiling, creating an airy and inviting atmosphere bathed in natural light. Freshly painted throughout June 2026. The galley kitchen includes a newer refrigerator(2025), pantry, and a charming eating area. Convenience meets style with main level laundry (washer/dryer 2024) and a powder room. Upstairs, the master suite offers a tranquil retreat with a spacious walk-in closet, while the second bedroom provides ample space and a large closet. This home also includes an attached one-car garage with additional storage. Furnace, AC, and water heater all new in 2025. The neighborhood provides access to a swimming pool, clubhouse, tennis and basketball courts, offering a perfect blend of relaxation and recreation. Conveniently located near Deer Park Forest Preserve, 53/90, dining, entertainment, and shopping, this townhome offers the best of both worlds. Perfect for investors, the HOA covers pool access, club house amenities, tennis, water, exterior maintenance, lawn care, scavenger service, and snow removal.

Full Property Details for 1040 N Knollwood Dr

General

  • Price: $299,000
  • HOA FEE: $375/month
  • Taxes: $6,109 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: MRED
  • MLS ID: 12674196
  • Updated: 6/30/2026
  • Added to Site: 12 day(s) ago

Interior

  • Basement: None
  • Interior Features: Vaulted Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Wood-Burning
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Palatine
  • County: Cook
  • Township: Palatine
  • Driving Directions: Dundee west of Quentin to Knollwood south to home

School Information

  • School District: 15
  • Elem School District: 15
  • Midd School District: 15
  • High School District: 211
  • Elementary School: Stuart R Paddock Elementary Scho
  • Middle School: Walter R Sundling Middle School
  • High School: Palatine High School
  • Private School: Palatine High School

Community

  • Assoc. Fees Include: Insurance, Clubhouse, Exercise Facilities, Pool, Lawn Care, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 200lbs.
  • Mgmt. Company: American Property Management

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Townhouse (2-Story)
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Sub-Flooring: Laminate
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Square Feet: 1,155
  • Sq. Ft. Source: Assessor
  • Year Built: 1986

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Dimensions: 35 x 16 x 15 x 46 x 28
  • Lot Features: Cul-De-Sac

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $375
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1986
  • Tax Amount: $6,109.53
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple with Homeowners Association
  • Property ID: 2092052280000

Listed by Compass

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1040 N Knollwood Dr —

  • Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1040 N Knollwood Dr

School Districts:Palatine Community Consolidated School District 15, Township High School District 211
NameGradesDistance
Gray M Sanborn Elementary School
101 North Oak Street, Palatine, IL 60067
K-52 mi
Walter R Sundling Jr High School
1100 North Smith Street, Palatine, IL 60067
6-81 mi
Palatine High School
1111 North Rohlwing Road, Palatine, IL 60074
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1040 N Knollwood Dr

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,802
—
$22,000
12%
2023
$5,802
3%
$19,599
—
2022
$5,613
18%
$19,599
34%
2021
$4,759
2%
$14,653
—
2020
$4,688
—
$14,653
-10%
2019
$4,680
5%
$16,318
14%
2018
$4,439
2%
$14,284
—
2017
$4,355
8%
$14,284
—
2016
$4,050
10%
$14,284
19%
2015
$3,687
1%
$12,000
—
2014
$3,642
31%
$12,000
—
2013
$2,771
-10%
$12,000
-14%
2012
$3,068
—
$13,940
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1040 N Knollwood Dr

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Compass

Similar Properties near 1040 N Knollwood Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1801 Jamestown Cir, Hoffman Estates, IL 60169 - Photo 1
$299,900

1801 Jamestown Cir  Hoffman Estates, IL 60169

  • Townhouse
  • Active
  • Updated 8 days ago
  • 3
    Beds
  • 1
    Total Bath
1773 Raleigh Ln, Hoffman Estates, IL 60169 - Photo 1
$300,000

1773 Raleigh Ln  Hoffman Estates, IL 60169

  • Townhouse
  • Active
  • 3
    Beds
  • 2
    Total Baths
  • 1,189
    Sq. Ft.
1929 Whitingham Ln, Hoffman Estates, IL 60169 - Photo 1
$299,999

1929 Whitingham Ln  Hoffman Estates, IL 60169

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,230
    Sq. Ft.
712 Scarbrough Cir, Hoffman Estates, IL 60169 - Photo 1
$295,000

712 Scarbrough Cir  #712  Hoffman Estates, IL 60169

  • Townhouse
  • Active
  • 3
    Beds
  • 2
    Total Baths
  • 1,700
    Sq. Ft.

Just Listed near 1040 N Knollwood Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1623 W Bray Ct, Arlington Heights, IL 60005 - Photo 1 Just Listed
$649,990

1623 W Bray Ct  Arlington Heights, IL 60005

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,524
    Sq. Ft.
Listed by Diana Matichyn (224) 500-6491
2020 N Stillwater Rd, Arlington Heights, IL 60004 - Photo 1 Just Listed
$309,000

2020 N Stillwater Rd  #2020  Arlington Heights, IL 60004

  • Condo
  • Active
  • Updated 18 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,000
    Sq. Ft.
Listed by The Luxe Signature Group (847) 293-7576
2812 E Bel Aire Dr, Arlington Heights, IL 60004 - Photo 1 Just Listed
$279,000

2812 E Bel Aire Dr  #303  Arlington Heights, IL 60004

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Tetiana Konenko (773) 715-7755
433 Dogwood Terrace, Buffalo Grove, IL 60089 - Photo 1 Just Listed
$410,000

433 Dogwood Terrace  Buffalo Grove, IL 60089

  • Townhouse
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,624
    Sq. Ft.
Listed by Vijay Ghuge (224) 800-4885

Price Reduced near 1040 N Knollwood Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5300 Carriage Way Dr, Rolling Meadows, IL 60008 - Photo 1 Price Reduced
-$10,900 (-4.54%)
$229,000

5300 Carriage Way Dr  #208  Rolling Meadows, IL 60008

  • Condo
  • Active
  • Updated 22 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,200
    Sq. Ft.
3822 Ashley Ct, Rolling Meadows, IL 60008 - Photo 1 Price Reduced
-$5,000 (-1.25%)
$395,000

3822 Ashley Ct  Rolling Meadows, IL 60008

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,500
    Sq. Ft.
1043 Blackburn Dr, Inverness, IL 60067 - Photo 1 Price Reduced
-$20,000 (-2.22%)
$879,900

1043 Blackburn Dr  Inverness, IL 60067

  • Single Family
  • Active
  • Updated 22 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,820
    Sq. Ft.
Listed by Karen McCabe (847) 372-5607
1501 E Fremont St, Arlington Heights, IL 60004 - Photo 1 Price Reduced
-$10,300 (-2.12%)
$474,900

1501 E Fremont St  Arlington Heights, IL 60004

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,129
    Sq. Ft.

Recent Sales near 1040 N Knollwood Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1050 N Knollwood Dr, Palatine, IL 60067 - Photo 1 Sold
$255,000

1050 N Knollwood Dr  Palatine, IL 60067

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,155
    Sq. Ft.
1008 N Knollwood Dr, Palatine, IL 60067 - Photo 1 Sold
$320,000

1008 N Knollwood Dr  Palatine, IL 60067

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,155
    Sq. Ft.
1102 N Knollwood Dr, Palatine, IL 60067 - Photo 1 Sold
$266,000

1102 N Knollwood Dr  Palatine, IL 60067

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,155
    Sq. Ft.
1118 N Knollwood Dr, Palatine, IL 60067 - Photo 1 Sold
$300,000

1118 N Knollwood Dr  Palatine, IL 60067

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,155
    Sq. Ft.

1040 N Knollwood Drive, Palatine, IL 60067 (MLS# 12674196) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 1040 N Knollwood Drive is currently listed for $299,000 and was received on June 24, 2026. Want to learn more about 1040 N Knollwood Drive? Do you have questions about finding other Townhouse real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.

Tour this property