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$475,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,506 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Welcome to this wonderful split level home in Kenilwicke of Palatine. A sprawling L-shaped split level with a dramatically daring interior. A wrought iron-railed stairway spirals gracefully from the Woodward's entry foyer up to a balcony landing over looking the spacious cathedral ceiling living room. This wonderful home has been lovingly cared for and updated throughout. Look at what has been done, both bathrooms remodeled in 2023, new windows 2021, new roof 2024, new AC 2024, new double entry door 2024, new washer and dryer 2019, new disposal 2025, new family room carpeting 2023, new water heater 2021, upgraded electric to 200 amp, plus there is so much more. This home sits on one the nicest streets in Palatine, close to schools and shopping, yet quiet and friendly. This is the perfect starter or downsizing home. Don't delay call for an appointment today.

Full Property Details for 521 E Balsam Ln

General

  • Price: $475,000
  • Taxes: $9,882 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12558311
  • Updated: 2/5/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Park

Interior

  • Basement: Crawl Spac
  • Interior Features: Vaulted Ceiling(s), Walk-In Closet(s), Special Millwork
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Gas Log
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom Features: Separate Shower

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
  • Other Features: School Bus Service, Commuter Bus, 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
  • Subdivision: Kenilwicke
  • Driving Directions: Hicks to Cunningham, right on Topanga left on Balsam.

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: Lake Michigan, Public

Structural Information

  • Architectural Info: Bi-Level
  • Architectural Style: Bi-Level
  • Model: The Woodward
  • Construction: Aluminum Siding, Brick
  • Exterior Const.: Aluminum Siding, Brick
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Sub-Flooring: Hardwood
  • Square Feet: 1,506
  • Sq. Ft. Source: Assessor
  • Year Built: 1968
  • Built Before 1978: Yes

Manufactured Home

  • Model: The Woodward

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 9750
  • Fence: Yes
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1968
  • Tax Amount: $9,882.97
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 2114160190000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 521 E Balsam Ln

School Districts:Palatine Community Consolidated School District 15, Township High School District 211
NameGradesDistance
Virginia Lake Elementary School
925 North Glenn Drive, Palatine, IL 60074
K-50.5 mi
Winston Campus Jr High School
120 North Babcock Drive, Palatine, IL 60074
6-81.4 mi
Palatine High School
1111 North Rohlwing Road, Palatine, IL 60074
9-120.5 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 521 E Balsam Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$475,000
54.22%
MLS
6/07/2018
Sold
$308,000
—
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.

Tax History for 521 E Balsam Ln

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,380
4%
$35,000
—
2022
$9,045
15%
$35,000
27%
2021
$7,834
-11%
$27,453
—
2020
$8,783
—
$27,453
-11%
2019
$8,797
-4%
$30,674
-7%
2018
$9,133
-9%
$32,825
—
2017
$10,008
8%
$32,825
—
2016
$9,307
42%
$32,825
27%
2015
$6,572
1%
$25,888
—
2014
$6,521
3%
$25,888
—
2013
$6,323
-24%
$25,888
-17%
2012
$8,354
—
$31,158
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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521 E Balsam Lane, Palatine, IL 60074 (MLS# 12558311) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 521 E Balsam Lane is currently listed for $475,000 and was received on February 05, 2026. This property is listed by Sandie Bobus from our Northwest Office.Want to learn more about 521 E Balsam Lane? 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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