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$360,000
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Property Description
Outstanding opportunity to own a unique and well-maintained property situated on a beautifully landscaped 1/2-acre lot surrounded by mature trees, offering exceptional privacy in a highly desirable Palatine location. Originally built as a single-family home and later rezoned for office use, this one-of-a-kind property offers incredible flexibility for a variety of future uses. Buyers seeking a distinctive residence may have the opportunity to convert the property back to single-family residential use, subject to approval by the Village of Palatine. Alternatively, the property may continue to serve as a professional office, making it an excellent option for owner-users, entrepreneurs, or those looking for a live/work opportunity (buyers should verify all zoning requirements and permitted uses with the Village). Inside, the flexible floor plan features two oversized rooms currently used as private offices, a central reception area that could easily become a spacious living room or dining area, and an additional room ideal for a bedroom, home office, nursery, or storage. The property also includes a full bathroom and a convenient kitchenette with refrigerator, cabinet storage, and space for a microwave and coffee station, providing an excellent starting point for future customization. Outside, you'll find a detached two-car garage, a dedicated parking area accommodating six or more vehicles, and a separate standalone building offering endless possibilities as a workshop, studio, home gym, guest space, hobby room, private office, or additional storage. Major mechanical updates have already been completed, including a newer furnace and hot water heater, both replaced within the past two years. Located just over one mile from the proposed future Chicago Bears stadium development in Arlington Heights, this property offers exceptional long-term investment potential in one of the northwest suburbs' most exciting growth corridors. Whether you're envisioning a charming custom residence, a unique live/work property, or a continued professional office, this versatile property offers an exceptional opportunity to bring your vision to life.
Full Property Details
Full Property Details for 805 E Palatine Rd
General
- Price: $360,000
- Taxes: $9,329 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12706201
- Updated: 7/21/2026
- Added to Site: 8 day(s) ago
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 8
- Parking Features: Yes, Detached, Garage
Location
- Area: Palatine
- County: Cook
- Township: Palatine
- Driving Directions: E. PALATINE ROAD, WEST OF RT. 53, EAST OF ROHLWING ROAD. SET BACK OFF EAST PALATINE RD.
School Information
- School District: 15
- Elem School District: 15
- Midd School District: 15
- High School District: 15
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Square Feet: 1,650
- Sq. Ft. Source: Estimated
- Year Built: 1944
- Built Before 1978: Yes
Lot Features
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 153 x 141
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1944
- Tax Amount: $9,329
- Tax Year: 2023
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2241000160000
Listed by Legacy Properties, A Sarah Leonard Company, LLC
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Schools
Schools serving 805 E Palatine Rd
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Jane Addams Elementary School, Palatine, IL 1020 East Sayles Drive, Palatine, IL 60074 | K-5 | 1 mi |
Winston Campus Jr High School 120 North Babcock Drive, Palatine, IL 60074 | 6-8 | 0.2 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 1.5 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 805 E Palatine Rd
Date
Details
Price
Change
Source
7/15/2026
Listed
$360,000
63.64%
MLS
5/02/2011
Sold
$220,000
—
Public Record
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
Tax History for 805 E Palatine Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,329
—
$32,001
3%
2023
$9,329
2%
$30,999
—
2022
$9,108
10%
$30,999
26%
2021
$8,264
2%
$24,555
—
2020
$8,122
—
$24,555
-11%
2019
$8,143
12%
$27,436
22%
2018
$7,282
2%
$22,417
—
2017
$7,145
7%
$22,417
—
2016
$6,658
-4%
$22,417
5%
2015
$6,908
1%
$21,448
—
2014
$6,835
3%
$21,448
—
2013
$6,666
-11%
$21,448
-19%
2012
$7,459
—
$26,497
—
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 805 E Palatine Rd
805 E Palatine Road, Palatine, IL 60074 (MLS# 12706201) is a Single Family property with 3 bedrooms and 1 full bathroom. 805 E Palatine Road is currently listed for $360,000 and was received on July 15, 2026. Want to learn more about 805 E Palatine 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.

