Closed

$325,000

523 Colfax Street, Palatine, IL 60074
2 Beds1 Baths0 sqft3 days
523 Colfax Street·Palatine, IL 60074
2Bedrooms
1Bathrooms
0Sq Ft
1956Year Built
About This Home

Welcome to this sunny and inviting 2-bedroom, 1-bath ranch, nestled in the heart of Palatine's beloved Arthur T. McIntosh & Co.'s Fair Grounds Park-a quiet, tree-lined neighborhood steeped in history and community charm. This beautifully maintained home offers the ease of single-level living, combining timeless character with smart, modern updates. Step inside to discover a freshly painted interior, a bright and open layout, and gleaming hardwood floors throughout the living room and bedrooms. The eat-in kitchen features luxury vinyl flooring, stainless steel appliances-including a Kenmore refrigerator, Maytag dishwasher, General Electric Gas Range, and LG front-loading washer and dryer-and a high-end Delta touch-sensor faucet for added convenience. Enjoy outdoor living in the spacious, fully fenced backyard-perfect for entertaining, gardening, or relaxing in privacy. A 1.5-car detached garage offers additional storage and parking flexibility. The large lot also provides room for future expansion. Whether you're a first-time homebuyer, downsizing, or seeking a smart investment, this property offers rare value in one of Palatine's most desirable and walkable neighborhoods-just minutes from parks, shopping, dining, and transportation. Key Features: 2 Bedrooms, 1 Full Bath Stainless Steel Appliances: Kenmore Refrigerator, Maytag Dishwasher, LG Washer & Dryer Delta Touch-Sensor Kitchen Faucet Hardwood Floors in Bedrooms & Living Room Luxury Vinyl Flooring in Kitchen Freshly Painted Interior 1.5-Car Detached

MLS# 12362364Listed May 16, 2025ResidentialRanch
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Garage Spaces2
Fireplaces0
Year Built1956
Lot Size0.225 acres

Location

CountyCook
TownshipPalatine
Zip Code60074

Financial

List Price$325,000
Annual Taxes (2023)$5,236
Monthly Tax Est.$436
Parcel #02144000410000
Interior Features

Flooring

Hardwood

Heating

Natural Gas

Cooling

Central Air

Basement

None

Laundry

Main LevelGas Dryer HookupIn UnitIn Kitchen
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

AsphaltGarage Door OpenerOn SiteGarage OwnedDetachedDrivewayOwnedGarage
Schools
Elementary
Virginia Lake Elementary School
District: 15
Middle School
Winston Campus Middle School
District: 15
High School
Palatine High School
District: 211
Tax & Financial
Annual Taxes
$5,236
Tax Year 2023
Monthly Tax Est.
$436
per month
Property Location

523 Colfax Street, Palatine, IL 60074 — Cook County

$325,000
523 Colfax Street
2 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
2-car garage
0.225 acres
$5,236/yr taxes
$2,144
estimated monthly payment
Principal & Interest
$1,708/mo
Property Tax
$436/mo
$325,000
20% — $65,000
3%50%
6.875%
3%12%
Loan Amount
$260,000
Down Payment
$65,000

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

Listed by
Baird & Warner
Agent: Karen Pawlak
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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