Active

$375,000

502 Smith Street, Palatine, IL 60067
2 Beds1 Baths823 sqft4 days
502 Smith Street·Palatine, IL 60067
2Bedrooms
1Bathrooms
823Sq Ft
1956Year Built
About This Home

Renovated and meticulously maintained ranch home near Downtown Palatine! This home features wide-plank siding freshly painted in 2025 and other expansive renovations including mostly new electrical and mostly new plumbing (2022), new roof and HVAC (2023), basement drain tile (2024), perimeter drainage channel and sealed foundation (2023), and an extended sump pump discharge line routed more than 40 feet from the home underground (2024), new gutters and downspouts (2025), new asphalt driveway (2024, improved from dirt driveway) driveway sealed in 2025, new concrete walkway (2025), and newly built front and back porches (2025). The backyard was professionally regraded and landscaped in 2024 with select tree removal and trimming. A new concrete slab (2024) offers flexible space for a tiny home, RV, boat, shed, or greenhouse. Interior highlights include real hardwood floors in the living room and two bedrooms, tile in the kitchen and bath, granite countertops, white shaker cabinets, and stainless steel appliances. Owner acquired 3 verbal estimates for a 2 bedroom 1 bathroom addition on the south side of the home or as a second story addition, the quotes ranged from $100,000-$125,000. Zero lot new construction homes are selling in the same area for $700,000 plus! The tiny home in the backyard will be removed prior to closing unless included in a separate negotiated bill of sale. Seller is a licensed IL Real Estate Managing Broker and licensed Community Association Manager.

MLS# 12626361Listed April 22, 2026ResidentialRanch
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area823 sqft
Garage Spaces2
Year Built1956
Lot Size0.255 acres

Location

CountyCook
TownshipPalatine
Zip Code60067

Financial

List Price$375,000
Price / Sq Ft$456
Annual Taxes (2024)$5,841
Monthly Tax Est.$487
Parcel #02152060170000
Interior Features

Heating

Natural Gas

Cooling

Central Air

Basement

CellarPartial
Exterior & Lot

Construction

Aluminum Siding

Roof

Asphalt

Foundation

Block

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers

Parking

GravelYesGarage OwnedDetachedGarage
Schools
Elementary
Gray M Sanborn Elementary School
District: 15
Middle School
Carl Sandburg Middle School
District: 15
High School
Palatine High School
District: 211
Tax & Financial
Annual Taxes
$5,841
Tax Year 2024
Monthly Tax Est.
$487
per month
Price per Sq Ft
$456
per square foot
Property Location

502 Smith Street, Palatine, IL 60067Cook County

$375,000
$456 / sqft
502 Smith Street
2 bd1 ba823 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
0.255 acres
$5,841/yr taxes
$2,458
estimated monthly payment
Principal & Interest
$1,971/mo
Property Tax
$487/mo
$375,000
20% — $75,000
3%50%
6.875%
3%12%
Loan Amount
$300,000
Down Payment
$75,000

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

Listed by
Compass
Agent: Barbara Lowe
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.