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$385,000 Contingent
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Property Description
Come home for the holidays! Whether you're a first time homeowner, a commuter, someone making a life change or looking for an investment property - this home will be the perfect fit for you. Step inside and be greeted with gleaming hardwood floors, Anderson windows with cordless blinds, updated lighting throughout, all freshly painted and all the finishes today's buyers are looking for. The living features a wood burning brick fireplace with built-ins and is open to the dining room. This kitchen may look small but it provides everything a homegrown chef desires - white shaker cabinets with 42" uppers, brushed gold hardware, stainless steel appliances, granite countertops, designer backsplash and dimmable recessed lighting. Both bedrooms have ample space and closet organizers. The bathroom has been rethought and improved to feature glass shelving and an expanded vanity with ample storage. The basement is unfinished and ready for your finishing touches or is perfect for storage. Enjoy coffee on the front porch with cedar wrapped posts or dining in the fenced backyard. Take advantage of this location by walking to downtown Palatine for the farmer's market, street festivals, access to Metra, shopping, dining and more!
Full Property Details
Full Property Details for 118 N Cedar St
General
- Price: $385,000
- Taxes: $7,481 (2024)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12530667
- Updated: 12/26/2025
- Added to Site: 37 day(s) ago
Interior
- Basement: Unfinished
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Built-in Features
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Water Heater-Gas
- Other Features: School Bus Service, Commuter Train, Interstate Access
Parking
- Total Spaces: 2
- Parking Features: Asphalt, Driveway, Yes, Owned
Location
- Area: Palatine
- County: Cook
- Township: Palatine
- Driving Directions: Palatine Road West of Rt. 14, North on Cedar to 118 on Left
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 211
- Elementary School: Stuart R Paddock Elementary Scho
- High School: Wm Fremd High School
- Private School: Wm Fremd High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 971
- Sq. Ft. Source: Assessor
- Year Built: 1942
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Lot Features
- Lot Size (Acres): 0.1492
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6500
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1942
- Tax Amount: $7,481.01
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2153030280000
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Schools
Schools serving 118 N Cedar St
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Stuart R Paddock School 225 West Washington Street, Palatine, IL 60067 | K-5 | 0.4 mi |
Plum Grove Jr High School 2600 Plum Grove Road, Rolling Meadows, IL 60008 | 6-8 | 2.1 mi |
Wm Fremd High School 1000 South Quentin Road, Palatine, IL 60067 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 N Cedar St
Date
Details
Price
Change
Source
12/10/2025
Listed
$385,000
37.5%
MLS
6/16/2023
Sold
$280,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 N Cedar St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,105
21%
$24,000
—
2022
$5,894
27%
$24,000
36%
2021
$4,647
—
$17,638
—
2020
$4,650
—
$17,638
-10%
2019
$4,650
-10%
$19,642
-2%
2018
$5,144
2%
$19,988
—
2017
$5,065
2%
$19,988
—
2016
$4,959
14%
$19,988
19%
2015
$4,358
1%
$16,806
—
2014
$4,321
3%
$16,806
—
2013
$4,193
-15%
$16,806
-20%
2012
$4,937
—
$20,910
—
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
Estimate the Cost for 118 N Cedar St
118 N Cedar Street, Palatine, IL 60067 (MLS# 12530667) is a Single Family property with 2 bedrooms and 1 full bathroom. 118 N Cedar Street is currently listed for $385,000 and was received on December 10, 2025. Want to learn more about 118 N Cedar Street? Do you have questions about finding other Single Family real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.

