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Property Description
Opportunity awaits in the heart of Palatine! This 2-bedroom, 1-bath ranch home offers an excellent opportunity for an investor, rehabber, or handy buyer looking to build equity and create a home to their own vision. The interior is ready for renovation, providing plenty of potential to update and customize the space. The unfinished basement offers additional storage and future possibilities. Several major updates have already been completed, including a newer roof, furnace, and air conditioner. Ideally located near downtown Palatine, Metra train service, major highways, recreational parks, shopping, dining, and everyday conveniences. Located within highly regarded Palatine School District 15 and Township High School District 211. Whether you're looking for your next investment project or an opportunity to transform a home, this property offers tremendous potential in a desirable location. Sold as-is.
Full Property Details
Full Property Details for 132 S Greenwood Ave
General
- Price: $250,000
- Taxes: $6,227 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12737078
Interior
- Basement: Unfinished
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Palatine
- County: Cook
- Township: Palatine
- Driving Directions: East of 14 and south of Palatine Rd.
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 211
- Elementary School: Virginia Lake Elementary School
- Middle School: Winston Campus Middle School
- High School: Palatine High School
- Private School: Palatine High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Model: Ranch
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,029
- Sq. Ft. Source: Assessor
- Year Built: 1953
- Built Before 1978: Yes
Manufactured Home
- Model: Ranch
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 11340
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1953
- Tax Amount: $6,227
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2232100160000
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Schools
Schools serving 132 S Greenwood Ave
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Virginia Lake Elementary School 925 North Glenn Drive, Palatine, IL 60074 | K-5 | 1.4 mi |
Winston Campus Jr High School 120 North Babcock Drive, Palatine, IL 60074 | 6-8 | 0.4 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 1.7 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
Tax History for 132 S Greenwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,227
—
$31,000
15%
2023
$6,227
4%
$27,000
—
2022
$5,970
26%
$27,000
31%
2021
$4,723
-1%
$20,538
—
2020
$4,784
—
$20,538
-10%
2019
$4,789
-20%
$22,871
1%
2018
$5,955
2%
$22,596
—
2017
$5,860
3%
$22,596
—
2016
$5,699
12%
$22,596
18%
2015
$5,101
1%
$19,225
—
2014
$5,056
3%
$19,225
—
2013
$4,908
-10%
$19,225
-16%
2012
$5,467
—
$22,887
—
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 132 S Greenwood Ave
132 S Greenwood Avenue, Palatine, IL 60074 (MLS# 12737078) is a Single Family property with 2 bedrooms and 1 full bathroom. 132 S Greenwood Avenue is currently listed for $250,000 and was received on August 22, 2026. Want to learn more about 132 S Greenwood Avenue? 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.

