Active

$399,900

413 Chestnut Street, Palatine, IL 60067
3 Beds2 Baths0 sqft7 days
413 Chestnut Street·Palatine, IL 60067
3Bedrooms
2Bathrooms
0Sq Ft
1960Year Built
About This Home

Incredible opportunity to own a spacious brick ranch on an oversized half-acre lot on two separate parcels in a desirable Palatine location. If you're looking for a home with outstanding potential, solid bones, and the chance to build equity through updates and improvements, this is one you won't want to miss. This home offers an inviting floor plan featuring a dramatic vaulted ceiling with exposed beams, a cozy fireplace, an expansive living room, hardwood flooring throughout much of the home, a spacious eat-in kitchen, a primary bedroom with private bath, and a screened-in sunroom overlooking the backyard. Outside, you'll appreciate the rare half-acre fenced yard, oversized driveway, and two-car garage complete with a heater hookup and additional storage/workshop space. Major mechanical updates have already been completed, including ROOF (2020), HVAC (2021), APPLIANCES (2021), and WASHER/DRYER (2021). The home is being conveyed AS-IS and will require updating, cosmetic improvements, and repairs, making it an outstanding opportunity for investors, contractors, rehabbers, or buyers looking to customize a home to their own style while adding long-term value. With its desirable location near Metra, expressways, parks, shopping, dining, and vibrant downtown Palatine, plus a generous lot that's becoming increasingly difficult to find, this property offers exceptional potential for the right buyer.

MLS# 12696327Listed July 6, 2026ResidentialRanchSubdivision: Merrills
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms7

Size & Structure

Living Area0 sqft
Garage Spaces2
Fireplaces1
Year Built1960
Lot Size0.470 acres

Location

CountyCook
TownshipPalatine
SubdivisionMerrills
Zip Code60067

Financial

List Price$399,900
Annual Taxes (2024)$11,031
Monthly Tax Est.$919
Parcel #02152090080000
Interior Features

Appliances

RangeDishwasherRefrigeratorWasherDryerWater SoftenerHumidifier

Flooring

Hardwood

Heating

Forced Air

Cooling

Central Air

Basement

Crawl Space

Laundry

Main LevelIn Unit

Fireplace

Wood Burning
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

PatioScreened

Lot Features

Cul-De-SacMature TreesAdjoins Government Land
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Electric

Circuit Breakers

Parking

ConcreteGarage Door OpenerYesGarage OwnedAttachedUnassignedDrivewayOwnedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

ParkPoolSidewalksStreet LightsStreet Paved
Schools
Elementary
Gray M Sanborn Elementary School
District: 15
Middle School
Walter R Sundling Middle School
District: 15
High School
Palatine High School
District: 211
Tax & Financial
Annual Taxes
$11,031
Tax Year 2024
Monthly Tax Est.
$919
per month
Property Location

413 Chestnut Street, Palatine, IL 60067Cook County

$399,900
413 Chestnut Street
3 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
2-car garage
1 fireplace
0.470 acres
$11,031/yr taxes
$0 HOA (not applicable)
$3,021
estimated monthly payment
Principal & Interest
$2,102/mo
Property Tax
$919/mo
$399,900
20% — $79,980
3%50%
6.875%
3%12%
Loan Amount
$319,920
Down Payment
$79,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices Starck Real Estate
Agent: Paul Molidor
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Palatine and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.