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$375,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 823 Sq. Ft.
  • 2 Car Garage
  • Updated 15 hours ago
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Renovated and meticulously maintained ranch home near Downtown Palatine! This home features wide-plank siding freshly painted in 2025 and other expansive renovations including mostly new electrical and mostly new plumbing (2022), new roof and HVAC (2023), basement drain tile (2024), perimeter drainage channel and sealed foundation (2023), and an extended sump pump discharge line routed more than 40 feet from the home underground (2024), new gutters and downspouts (2025), new asphalt driveway (2024, improved from dirt driveway) driveway sealed in 2025, new concrete walkway (2025), and newly built front and back porches (2025). The backyard was professionally regraded and landscaped in 2024 with select tree removal and trimming. A new concrete slab (2024) offers flexible space for a tiny home, RV, boat, shed, or greenhouse. Interior highlights include real hardwood floors in the living room and two bedrooms, tile in the kitchen and bath, granite countertops, white shaker cabinets, and stainless steel appliances. Owner acquired 3 verbal estimates for a 2 bedroom 1 bathroom addition on the south side of the home or as a second story addition, the quotes ranged from $100,000-$125,000. Zero lot new construction homes are selling in the same area for $700,000 plus! The tiny home in the backyard will be removed prior to closing unless included in a separate negotiated bill of sale. Seller is a licensed IL Real Estate Managing Broker and licensed Community Association Manager.

Full Property Details for 502 N Smith St

General

  • Price: $375,000
  • Taxes: $5,841 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12626361
  • Updated: 4/22/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Cellar, Par

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Gravel, Yes, Garage Owned, Detached, Garage

Location

  • Area: Palatine
  • County: Cook
  • Township: Palatine
  • Driving Directions: Northwest Hwy, South on Smith to property

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: Carl Sandburg 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: Public

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Cellar, Partial
  • Foundation: Block
  • Roof: Asphalt
  • Square Feet: 823
  • Sq. Ft. Source: Assessor
  • Year Built: 1956
  • Built Before 1978: Yes
  • Remodeled/Updated: 2022

Lot Features

  • Lot Size (Acres): 0.2548
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 60 x 185
  • Lot Features: Corner Lot

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1956
  • Tax Amount: $5,841.26
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 2152060170000

Listed by Compass

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— 502 N Smith St —

  • Compass

  • Compass

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Schools serving 502 N Smith St

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-50.8 mi
Walter R Sundling Jr High School
1100 North Smith Street, Palatine, IL 60067
6-80.7 mi
Palatine High School
1111 North Rohlwing Road, Palatine, IL 60074
9-121.7 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 502 N Smith St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/22/2026
Listed
$375,000
56.25%
MLS
3/17/2023
Sold
$240,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Randy Brush

502 N Smith Street, Palatine, IL 60067 (MLS# 12626361) is a Single Family property with 2 bedrooms and 1 full bathroom. 502 N Smith Street is currently listed for $375,000 and was received on April 22, 2026. Want to learn more about 502 N Smith 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.

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