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$399,900 Just Listed
Property Description
Incredible opportunity to own a spacious brick ranch on an oversized half-acre lot on two separate parcels in a desirable Palatine location. If you're looking for a home with outstanding potential, solid bones, and the chance to build equity through updates and improvements, this is one you won't want to miss. This home offers an inviting floor plan featuring a dramatic vaulted ceiling with exposed beams, a cozy fireplace, an expansive living room, hardwood flooring throughout much of the home, a spacious eat-in kitchen, a primary bedroom with private bath, and a screened-in sunroom overlooking the backyard. Outside, you'll appreciate the rare half-acre fenced yard, oversized driveway, and two-car garage complete with a heater hookup and additional storage/workshop space. Major mechanical updates have already been completed, including ROOF (2020), HVAC (2021), APPLIANCES (2021), and WASHER/DRYER (2021). The home is being conveyed AS-IS and will require updating, cosmetic improvements, and repairs, making it an outstanding opportunity for investors, contractors, rehabbers, or buyers looking to customize a home to their own style while adding long-term value. With its desirable location near Metra, expressways, parks, shopping, dining, and vibrant downtown Palatine, plus a generous lot that's becoming increasingly difficult to find, this property offers exceptional potential for the right buyer.
Full Property Details
Full Property Details for 413 N Chestnut St
General
- Price: $399,900
- Taxes: $11,031 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12696327
Rental Information
- Complex Features: Park, Pool, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Crawl Spac
- Interior Features: Cathedral Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood-Burning
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener, Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Water Softener (Owned), Carbon Monoxide Detectors, Ceiling Fan(s), Attic Exhaust Fan, Sump Pump
- Other Features: School Bus Service, Commuter Train
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 8
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Unassigned, Driveway, Owned, Garage
Location
- Area: Palatine
- County: Cook
- Township: Palatine
- Subdivision: Merrills
- Driving Directions: PALATINE TO SMITH N. TO CORNELL AVE. W TO CHESTNUT N.
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: Forced Air
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 1,424
- Sq. Ft. Source: Assessor
- Year Built: 1960
- Built Before 1978: Yes
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.47
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 120 x 178.3
- Fence: Yes
- Lot Features: Cul-De-Sac, Mature Trees, Adjoins Government Land
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1960
- Tax Amount: $11,031
- Tax Year: 2024
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2152090080000
Listed by Berkshire Hathaway HomeServices Starck Real Estate
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Schools
Schools serving 413 N Chestnut 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 | 0.9 mi |
Walter R Sundling Jr High School 1100 North Smith Street, Palatine, IL 60067 | 6-8 | 0.8 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 1.9 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 413 N Chestnut St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,585
—
$34,000
17%
2023
$8,585
3%
$29,000
—
2022
$8,306
19%
$29,000
34%
2021
$7,005
2%
$21,570
—
2020
$6,901
—
$21,570
-10%
2019
$6,889
-15%
$24,020
-8%
2018
$8,121
2%
$26,132
—
2017
$7,967
8%
$26,132
—
2016
$7,410
10%
$26,132
19%
2015
$6,720
1%
$21,871
—
2014
$6,638
-2%
$21,871
-4%
2013
$6,743
18%
$22,798
7%
2012
$5,725
—
$21,353
—
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 413 N Chestnut St
413 N Chestnut Street, Palatine, IL 60067 (MLS# 12696327) is a Single Family property with 3 bedrooms and 2 full bathrooms. 413 N Chestnut Street is currently listed for $399,900 and was received on July 06, 2026. Want to learn more about 413 N Chestnut 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.
