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Property Description
Need an office? This home features a perfect private office space with exterior access-ideal for a work-from-home setup or a business that meets clients while keeping your living space separate. Step into this charming ranch through a custom front door and enjoy the abundance of natural light in the cozy living room. The home offers two generously sized bedrooms and an updated bathroom. The kitchen shines with quartz countertops, white cabinetry, and a built-in eating area overlooking the spacious, fenced backyard. A mechanical room doubles as a pantry, providing plenty of additional storage. Outside, you'll find a large shed-perfect for garden tools, toys, and extra storage. With many recent updates and a fantastic location close to downtown Palatine, schools, shopping, restaurants, and Metra this is a must-see home!
Full Property Details
Full Property Details for 316 N Schiller St
General
- Price: $350,000
- Taxes: $6,806 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12601551
- Updated: 3/26/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Crawl Spac
- Interior Features: 1st-Floor Bath, Quartz Counters
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Parking
- Total Spaces: 2
- Parking Features: Asphalt, Off-Street, Driveway, Yes
Location
- Area: Palatine
- County: Cook
- Township: Palatine
- Driving Directions: Northwest Highway to Colfax West to Schiller North.
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 211
- Elementary School: Gray M Sanborn Elementary School
- Middle School: Walter R Sundling 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, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Bungalow, Ranch
- Architectural Style: Bungalow, Ranch
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Square Feet: 884
- Sq. Ft. Source: Assessor
- Year Built: 1951
- Built Before 1978: Yes
Additional Structures
- Other Structures: Other, Shed(s)
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 49.3 x 136.3 x 49.7 x 136.5
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1951
- Tax Amount: $6,806
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 2143050220000
Listed by Suburban Life Realty, Ltd
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Schools
Schools serving 316 N Schiller St
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Gray M Sanborn Elementary School 101 North Oak Street, Palatine, IL 60067 | K-5 | 0.3 mi |
Walter R Sundling Jr High School 1100 North Smith Street, Palatine, IL 60067 | 6-8 | 1.1 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 316 N Schiller St
Date
Details
Price
Change
Source
3/26/2026
Listed
$350,000
37.25%
MLS
4/15/2022
Sold
$255,000
—
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 316 N Schiller St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,806
21%
$22,990
—
2022
$5,605
22%
$22,990
32%
2021
$4,590
-18%
$17,462
—
2020
$5,586
22%
$17,462
-10%
2019
$4,593
5%
$19,446
11%
2018
$4,385
1%
$17,547
—
2017
$4,321
-13%
$17,547
—
2016
$4,975
17%
$17,547
26%
2015
$4,266
-5%
$13,885
-7%
2014
$4,509
56%
$14,857
-8%
2013
$2,886
16%
$16,158
-18%
2012
$2,482
—
$19,712
—
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 316 N Schiller St
316 N Schiller Street, Palatine, IL 60067 (MLS# 12601551) is a Single Family property with 2 bedrooms and 1 full bathroom. 316 N Schiller Street is currently listed for $350,000 and was received on March 26, 2026. Want to learn more about 316 N Schiller 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.

