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Backup Offers

140 W Wood St Unit 321, Palatine, IL, 60067

$87,900

Home List Price

$1,044*

Closing Credit

1 Full Bath
490 SqFt
$179/SqFt
Condo
Schools Nearby

Location

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140 W Wood St Unit 321, Palatine$87,900

Buyer Closing Credits

$1,044*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnassigned, Visitor Parking
Year Built1974
HeatingForced Air
CoolingCentral Air
MLS #12030621
StatusAccepting Backup Offers
(Contingent)

About 140 W Wood St Unit 321

Forget the rent, move into this incredible option for much less! Spectacular location for this updated and immaculate studio condo rght across from the Metra Train Station in the heart of Downtown Palatine, featuring restaurants, bars and shops. Staged photos show what's possible in this adorable unit. Laundry and exercise room are conveniently located on the same floor. Party/Conference room available as well as additional storage cage in the basement. Vacant and available for a quick close.

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 4
  • Living Area: 490 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 222-5000
  • Listing Agent: Brian Bertoia

Interior Features

Interior Information:

  • Basement: No
  • Interior: Elevator, Wood Laminate Floors, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Exterior: In Ground Pool

Parking Information:

  • Parking: Unassigned, Visitor Parking

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Walter R Sundling Jr High School, Public District Grades 7-8
  • Gray M Sanborn Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Palatine Rd to Smith St N. E to parking entrance. S of Colfax St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $87,900
  • Price Per SqFt: $179/SqFt

HOA Fees:

  • Amount: $306
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $325
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Palatine, IL.

Med. Sold Price

$323.4K

Med. Price/SqFt

$203

Avg. Days On Market

24

# of Sold Homes

68

140 W Wood St Unit 321 vs Palatine

9 DAYS ON ROCKET

-15 Days

$87,900

-$235.5K Less

$179/SqFt

-$24 Less

KEY TAKEAWAY

This property is $235.5K less than the Median Sold Price and $24/SqFt less than other homes in Palatine, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12030621

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 222-5000
  • Listing Agent: Brian Bertoia

IDX Listings courtesy of Midwest Real Estate Data as distributed by 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. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 11:15:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 20, 2019Home Sold
$60,000
Jan 09, 2004Home Sold
$74,000

Tax History

YEARPROP. TAXASSESSMENT
2019$325$4,561
2018 - $3,065
2017 - $3,065

History based on county public records data.

Payment Calculator

$812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$330

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-625589
4
/10
  • Gray M Sanborn Elementary School

  • 101 N Oak St

  • 0.53 miles

  • Public District Grades KG-6

Middle School

school-card-donut-625590
3
/10
  • Walter R Sundling Jr High School

  • 1100 N Smith St

  • 1.08 miles

  • Public District Grades 7-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,579. Residents of Palatine, IL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 140 W Wood St Unit 321

What is the listing price of this property?

The listing price of 140 W Wood St Unit 321 property is $87,900.

What type of property is this?

The property 140 W Wood St Unit 321 is a condo located in Palatine, Illinois, 60067.

Is this property for sale now?

Accepting Backup Offers: 140 W Wood St Unit 321 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 140 W Wood St Unit 321 are:
Gray M Sanborn Elementary School: GreatSchools Rating 4/10
Walter R Sundling Jr High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $325 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 20, 2019 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 140 W Wood St Unit 321 has 1 bathroom..

What is the square footage of this property?

The property 140 W Wood St Unit 321 is 490 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 140 W Wood St Unit 321 is 1974.

Rocket Homes›Illinois›Cook County›Palatine›60067›140 W Wood St Unit 321

This home is located at 140 W Wood St Unit 321 in Palatine, IL and zip code 60067 in the Park Towne neighborhood. This 490 square foot home was built in 1974. Features: 1 bathroom. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $87,900.

While more than 35 listings in Palatine, IL in March 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 21 were sold below. The number of listings in Palatine, IL increased by 29.2% between February 2024 and March 2024. Listings spent 24 days on the market in March 2024, and had a median list price of $323,483 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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