Date
Details
Price
Change
Source
12/30/2025
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$549,000 Contingent
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1/22
Property Description
Start the new year in a move-in ready split-level home with finished sub-basement in Reseda of Palatine! From the moment you step up into the home, you'll appreciate the bright, open feel of the vaulted living room with large picture window that is open to the second floor and steps away from the main floor featuring an updated kitchen and beautiful sun room addition. This unique layout with multiple levels allows kids to play while parents relax, and everyone has room to breathe. The home offers four levels of finished living space with four bedrooms and two full baths. Enjoy falling asleep next to the gas fireplace in the primary bedroom while the three other bedrooms feature refinished hardwood floors. The finished sub-basement is perfect as a music room, work out area, teen hang out or perfect for cozy movie nights! The encapsulated crawl space is perfect for all your storage needs. Newer roof, furnace, water heater and gutter guards. Enjoy being only minutes from downtown Palatine, Marianos, Target, restaurants, shopping and access to Rt. 53 and Metra for commuters.
Full Property Details
Full Property Details for 509 E Monterey Rd
General
- Price: $549,000
- Taxes: $8,298 (2024)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12535774
- Updated: 1/15/2026
- Added to Site: 17 day(s) ago
Interior
- Basement: Finished, C
- Interior Features: Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Master Bedroom, Wood-Burning, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Ceiling Fan(s), Sump Pump, Backup Sump Pump, Water Heater-Gas
- Other Features: Commuter Train, Interstate Access
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
- Township: Palatine
- Driving Directions: Hicks Rd North of Rt 14, Right on Reseda Pkwy, Right on Topanga Dr to Monterey Rd to 509 on right
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: Public
Structural Information
- Construction: Brick, Cedar
- Exterior Const.: Brick, Cedar
- Basement: Yes
- Basement Desc.: Finished, Crawl Space, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 1,869
- Sq. Ft. Source: Estimated
- Year Built: 1964
- Built Before 1978: Yes
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.209
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 9120
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1964
- Tax Amount: $8,298.98
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2114100090000
Listed by Compass
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— 509 E Monterey Rd —
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Schools
Schools serving 509 E Monterey Rd
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 | 0.4 mi |
Winston Campus Jr High School 120 North Babcock Drive, Palatine, IL 60074 | 6-8 | 1.1 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 E Monterey Rd
Tax History
Tax History for 509 E Monterey Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,299
4%
$34,000
—
2022
$7,975
24%
$34,000
32%
2021
$6,441
-1%
$25,827
—
2020
$6,476
—
$25,827
-11%
2019
$6,506
-12%
$28,857
5%
2018
$7,434
2%
$27,356
—
2017
$7,312
-4%
$27,356
-7%
2016
$7,651
7%
$29,481
14%
2015
$7,137
1%
$25,851
—
2014
$7,067
3%
$25,851
—
2013
$6,868
-11%
$25,851
-18%
2012
$7,742
—
$31,372
—
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 509 E Monterey Rd
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- Active
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Listed by Joe Baez (847) 312-5256
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- Updated 22 hours ago
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- Single Family
- Closed
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- 2,035Sq. Ft.
Listed by Sandie Bobus
509 E Monterey Road, Palatine, IL 60074 (MLS# 12535774) is a Single Family property with 4 bedrooms and 2 full bathrooms. 509 E Monterey Road is currently listed for $549,000 and was received on December 30, 2025. Want to learn more about 509 E Monterey Road? 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.