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$726,000
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Property Description
This beautifully finished residence offers the open-concept design and modern style you've been searching for. Step inside and be immediately impressed by the gorgeous kitchen (2020) featuring white shaker-style cabinets, a large island ideal for gatherings, and a separate wine bar area - truly the heart of the home. Gleaming hardwood floors flow throughout, complemented by built-in cubbies that add both charm and practical storage. The spacious family room serves as a welcoming gathering space with a gorgeous fireplace (2020), perfect for cozy nights in. Sliding doors lead out to your private fenced backyard, showcasing a roomy patio with a pergola surrounded by lush greenery - an ideal setting for outdoor entertaining or peaceful relaxation. Don't miss the expanded mudroom/drop zone (2020) off the garage, providing added convenience and organization. Retreat to the primary suite, thoughtfully located on its own level for privacy, complete with a walk-in closet and primary bath. Three additional bedrooms, each featuring hardwood floors, plus another full bath complete the second level. The finished lower level (2020) offers extra living and entertainment space, including a full heated floored bathroom (2020) with a walk-in shower and a sophisticated showcase ceiling - perfect for hosting guests or enjoying a movie nights. Additional updates include: windows ('20), ac ('20), furnace ('20), fenced yard, concrete driveway ('25). Enjoy the convenience of walking to nearby schools, parks, pools, and recreation centers. Plus, you're just minutes from downtown Palatine with Metra access, restaurants, shopping, nightlife, and more!
Full Property Details
Full Property Details for 505 S Elm St
General
- Sold For: $726,000
- Taxes: $12,064 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12609356
- Added to Site: 51 day(s) ago
Interior
- Interior Features: Dry Bar
- Fireplace: Yes
- Fireplace(s): Family Room, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Sump Pump
- Other Features: School Bus Service, Commuter Train
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Palatine
- County: Cook
- Subdivision: Palatine Knolls
- Driving Directions: QUENTIN TO ILLINOIS, EAST TO ELM, NORTH TO HOME
School Information
- School District: 15
- Midd School District: 15
- Elementary School: Pleasant Hill Elementary School
- Middle School: Plum Grove Middle School
- 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, Forced Air, Radiant
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding, Brick
- Exterior Const.: Aluminum Siding, Brick
- Basement Desc.: Finished, Sub-Basement, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 2,200
- Sq. Ft. Source: Assessor
- Year Built: 1967
- Built Before 1978: Yes
Additional Structures
- Other Structures: Pergola
Lot Features
- Lot Size (Acres): 0.2318
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 77 x 117
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1967
- Tax Amount: $12,064.92
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2223020410000
Listed by @properties Christie's International Real Estate
Sold by eXp Realty
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Schools
Schools serving 505 S Elm St
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Pleasant Hill Elementary School, Palatine, IL 434 West Illinois Avenue, Palatine, IL 60067 | K-5 | 0.4 mi |
Plum Grove Jr High School 2600 Plum Grove Road, Rolling Meadows, IL 60008 | 6-8 | 1.4 mi |
Wm Fremd High School 1000 South Quentin Road, Palatine, IL 60067 | 9-12 | 0.6 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 505 S Elm St
Date
Details
Price
Change
Source
5/15/2026
Sold
$726,000
7.56%
MLS
4/15/2026
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 S Elm Street, Palatine, IL 60067 (MLS# 12609356) is a Single Family property that was sold at $726,000 on May 15, 2026. Want to learn more about 505 S Elm 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.

