Closed

$320,000

914 Auburn Woods Drive, Palatine, IL 60067
2 Beds3 Baths1,477 sqft7 days
914 Auburn Woods Drive·Palatine, IL 60067
2Bedrooms
3Bathrooms
1,477Sq Ft
1989Year Built
About This Home

This investment opportunity sounds promising with its appealing features and location. Here's a breakdown of what makes it attractive: Desirable Features: The Burgundy model end unit boasts desirable features such as newer carpeting, stainless kitchen appliances, granite kitchen counters, and a gas log fireplace. These features enhance the property's appeal and potentially increase its value. Bright and Sunny: A bright and sunny interior is always a plus for attracting tenants or buyers. Natural light can make a space feel more inviting and spacious. Functional Layout: The two-story eating area in the kitchen and vaulted ceilings in the living room contribute to the property's functional layout, making it more comfortable and practical for residents. Master Suite: The master suite offers amenities like a double sink vanity, whirlpool, skylight, and volume ceiling, which add luxury and comfort to the living space. Attached Garage: The attached 2-car garage adds convenience and value to the property, providing secure parking and additional storage space. Recent Updates: The newer HVAC system installed in 2022 is a significant selling point, as it indicates that essential maintenance and updates have been performed, reducing immediate expenses for the buyer. Convenient Location: Its proximity to shopping, recreation, and transportation amenities enhances its appeal to potential tenants or buyers, making it a convenient place to live. Investment Potential: With instant cash flow and a fantastic location, this property presents a promising investment opportunity. The features and amenities offered make it attractive to renters or homebuyers, potentially ensuring a steady stream of income or a profitable resale in the future. Homestead Exemption: While the taxes don't currently reflect a homestead exemption, this could potentially benefit the buyer, providing them with tax savings if they intend to use the property as their primary residence. As-Is Sale: While the property is being sold as-is, the absence of known defects is reassuring. However, buyers should conduct thorough inspections to ensure there are no hidden issues. Overall, this investment opportunity appears to offer a blend of desirable features, convenience, and potential for profit, making it worth serious consideration.

MLS# 12009114Listed June 12, 2024ResidentialSubdivision: Auburn Woods
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms7

Size & Structure

Living Area1,477 sqft
Stories2
Garage Spaces2
Fireplaces1
Year Built1989
Lot Size5546

Location

CountyCook
TownshipPalatine
SubdivisionAuburn Woods
Zip Code60067

Financial

List Price$320,000
Price / Sq Ft$217
Annual Taxes (2022)$8,592
Monthly Tax Est.$716
Parcel #02103070960000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorHumidifier

Flooring

Laminate

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Washer HookupMain Level

Fireplace

Gas Log
Exterior & Lot

Construction

Aluminum SidingBrick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

AsphaltGarage Door OpenerOn SiteGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$380
Monthly

HOA Includes

InsuranceExterior MaintenanceLawn CareSnow Removal
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
$8,592
Tax Year 2022
Monthly Tax Est.
$716
per month
Price per Sq Ft
$217
per square foot
Property Location

914 Auburn Woods Drive, Palatine, IL 60067Cook County

$320,000
$217 / sqft
914 Auburn Woods Drive
2 bd3 ba1,477 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
5546
$8,592/yr taxes
$380 HOA (monthly)
$2,778
estimated monthly payment
Principal & Interest
$1,682/mo
Property Tax
$716/mo
HOA
$380/mo
$320,000
20% — $64,000
3%50%
6.875%
3%12%
Loan Amount
$256,000
Down Payment
$64,000

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

Listed by
RE/MAX At Home
Agent: Rumyana Velinova
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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