55 S Elmwood Avenue, Palatine, IL 60074 - Photo 1

1/1

$380,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
1 Partial Bath
1,000 Sq. Ft.
2 Car Garage

1/1

Property Description

Welcome to this light-filled ranch nestled on a tree-lined street in sought-after Palanois Park. This home offers a well-designed floor plan that's perfect for everyday living and entertaining. The spacious family room features a cozy gas fireplace and flows into the updated kitchen, complete with a dining area. You'll also enjoy the sun-drenched living room ideal for relaxing or hosting guests. The full bath has been updated, and there's new flooring throughout the main level. The unfinished basement includes space for relaxing, working out and doing laundry as well as extra storage and a convenient shower. Recent updates include the kitchen (2022), full bathroom (2024), washer and dryer (2025), A/C (2022), water heater (2022), water filter system (2023), fence (2022) and deck (2023). Situated on a generous corner lot, the home boasts a two-car garage, a large fenced backyard, and a newer deck-ideal for outdoor entertaining. Fantastic location! Close to schools, parks, shopping, dining, Route 53, the Metra, and all the amenities of downtown Palatine. Plus, you're only 5 minutes from the site of the proposed Chicago Bears Stadium!

Full Property Details

Full Property Details for 55 S Elmwood Ave

General

Sold For: $380,000
Taxes: $6,699 (2023)
Status: Closed
Type: Single Family
Source: MRED
MLS ID: 12380123
Added to Site: 303 day(s) ago

Interior

Fireplace: Yes
Fireplace(s): Family Room, Gas Log, Gas Starter
Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Additional Information

Equipment: Cable TV, Carbon Monoxide Detectors, Ceiling Fan(s)
Other Features: School Bus Service, Commuter Bus, Commuter Train

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking On-Site: Yes

Location

Area: Palatine
County: Cook
Subdivision: Palanois Park
Driving Directions: PALATINE RD WEST OF ROHLWING TO ELMWOOD SOUTH TO 55

School Information

School District: 15
Midd School District: 15
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

Water: Lake Michigan, Public

Structural Information

Architectural Style: Ranch
Construction: Vinyl Siding, Brick
Exterior Const.: Vinyl Siding, Brick
Basement Desc.: Unfinished, Full
Roof: Asphalt
Square Feet: 1,000
Sq. Ft. Source: Assessor
Year Built: 1948
Built Before 1978: Yes

Lot Features

Lot Size Range: .25 to .49 Acre
Lot Dimensions: 62 x 191

Financial Considerations

Parking Included: Yes
Assessment Year: 1948
Tax Amount: $6,699
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 2232040130000

Listed by @properties Christie's International Real Estate
Sold by Berkshire Hathaway HomeServices American Heritage

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Schools

Schools serving 55 S Elmwood Ave

School Districts:Palatine Community Consolidated School District 15, Township High School District 211

Name	Grades	Distance
Winston Campus Jr High School 120 North Babcock Drive, Palatine, IL 60074	6-8	0.3 mi
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074	9-12	1.6 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 55 S Elmwood Ave

Date

Details

Price

Change

Source

7/14/2025

Sold

$380,000

13.43%

MLS

6/05/2025

Listed

$335,000

—

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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Updated 1 day ago

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Total Baths
1,077
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Total Baths
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Price Reduced

-$10,000 (-5%)

$189,900

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Active
Updated 4 days ago

1
Bed
1
Total Bath
900
Sq. Ft.

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3
Beds
2
Total Baths
1,200
Sq. Ft.

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Price Reduced

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Updated 1 day ago

4
Beds
4
Total Baths
3,950
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Price Reduced

-$6,100 (-3.41%)

$172,900

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Condo
Active
Updated 5 hours ago

1
Bed
1
Total Bath
850
Sq. Ft.

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Sold

$415,000

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Single Family
Closed

3
Beds
2
Total Baths
1,510
Sq. Ft.

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Sold

$405,000

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Single Family
Closed
Updated 9 days ago

3
Beds
2
Total Baths
1,313
Sq. Ft.

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Sold

$435,000

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Closed

3
Beds
2
Total Baths
1,668
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$338,820

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Single Family
Closed

3
Beds
2
Total Baths
1,022
Sq. Ft.

55 S Elmwood Avenue, Palatine, IL 60074 (MLS# 12380123) is a Single Family property that was sold at $380,000 on July 14, 2025. Want to learn more about 55 S Elmwood Avenue? 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.

55 S Elmwood Ave Palatine, IL 60074