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Palatine, IL Real Estate News

By Marco Amidei
(RE/MAX Suburban )
Reseda, Palatine, Illinois About Reseda Reseda is a single family neighborhood located in Palatine, Illinois. Reseda is on Hicks north of Northwest Highway. Average taxes in Reseda $8,538 Average association fees in Reseda $0 Average home size in Reseda 1,999 ft2 Average lot size in Reseda 0.25 acres Average year built in Reseda 1967 Homes for sale in Reseda Address Beds Baths Built Price 510 Mill Valley Rd. 3 2.0 1968 $289,900 948 Topanga Dr. 5 2.1 1968 $269,500 931 Topanga Dr. 4 3.1 1965 $399,900 902 Rohlwing Rd. 5 3.0 1968 $338,000 Sales Summary for Reseda  (Dec 28, 2012 - Dec 28, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 75 $352,883 $325,750 92.3% Recent home sales in Reseda Address Beds Baths Sold 637 E. Monterey Rd. 4 2.1 $332,500 222 E. Russet Wa...
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By Marco Amidei
(RE/MAX Suburban )
Meadow Lake, Palatine, Illinois About Meadow Lake Meadow Lake is a single family home neighborhood built in the late 1980's. Meadow Lake is located in Palatine, Illinois on Williams south of Rand. Average taxes in Meadow Lake $5,983 Average association fees in Meadow Lake $2,073 ($90 - $8,000) Average home size in Meadow Lake 1,729 ft2 Average lot size in Meadow Lake 0.25 acres Average year built in Meadow Lake 1988 Homes for sale in Meadow Lake Address Beds Baths Built Price 1070 Olde Virginia Rd. 3 2.1 1987 $309,000 1153 Meadow Lake Dr. 3 2.0 1989 $250,000 1019 Meadowlake Dr. 3 2.1 1987 $274,500 1017 Olde Virginia Rd. 4 2.1 1987 $345,900 Sales Summary for Meadow Lake  (Dec 27, 2012 - Dec 27, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 140 $278,250 $241,...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Palatine, IL The data lists available homes by price range with average time on market in each range. Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 8 68 $50,000 - $99,999 30 89 $100,000 - $149,999 27 180 $150,000 - $199,999 21 324 $200,000 - $249,999 27 111 $250,000 - $299,999 40 138 $300,000 - $349,999 29 194 $350,000 - $399,999 20 168 $400,000 - $449,999 13 156 $450,000 - $499,999 12 120 $500...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Palatine, IL The data lists available homes by price range with average time on market in each range. Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 5 15 $50,000 - $99,999 29 89 $100,000 - $149,999 23 178 $150,000 - $199,999 22 294 $200,000 - $249,999 31 98 $250,000 - $299,999 37 130 $300,000 - $349,999 30 169 $350,000 - $399,999 21 164 $400,000 - $449,999 14 151 $450,000 - $499,999 15 92 $500,00...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
    In the table below lists all of the single family detached and single family attached homes currently on the market in Palatine, IL The data lists available homes by price range with average time on market in each range. Included in this list are many Foreclosures and Short Sales. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 3 9 $50,000 - $99,999 25 80 $100,000 - $149,999 28 184 $150,000 - $199,999 26 250 $200,000 - $249,999 29 99 $250,000 - $299,999 37 122 $300,000 - $349,999 30 164 $350,000 - $399,999 27 149 $400,000 - $449,999 13 138 $450,000 - $499,999 17 148 $500...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Hi guys! I hope everyone is doing well and staying warm! Today I wanted to go over the home buying process and what I think your first step should be, which is to get a pre-approval letter from your mortgage broker or bank. This will allow us to know what price range we should be looking at and will help us narrow down our choices when we search for homes. Take a look at our video and if you have any questions regarding the home buying process or just want to pick our brains, you can contact us at 847-496-0081 or at www.cornerstonerealtychicago.com! Thanks for watching!     Again, if you have any questions regarding the home buying process or relocating in general, we would love to help you. Call 847-496-0081 or go to our website at www.cornerstonerealtychicago.com!     Thank You,Peter ...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Distressed properties are so prevalent in today's real estate market, so I wanted to give you a little insight into what a short sale is. Take a look at this quick video, and if you have any questions about the short sale process or want to know more specifics, please contact us at 847-496-0081 or go to www.cornerstonerealtychicago.com!       Thanks for watching! We know that having a distressed property can be very stressful, so please let us know how we can assist you with any short sale or foreclosure needs because we'd love to help you!     Thank You,Peter LeeBroker/Property ManagerCornerstone Realty and Rentals, Inc.www.cornerstonerealtychicago.com847-496-0081
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The Heritage of Palatine, Palatine, Illinois About The Heritage of Palatine The Heritage of Palatine is a 48 condo building built in 2008. 50 S. Greeley is located in Palatine, Illinois. Average taxes in The Heritage of Palatine $5,174 Average association fees in The Heritage of Palatine $297 ($297 - $297) Average home size in The Heritage of Palatine 1,518 ft2 Average lot size in The Heritage of Palatine 0.00 acres Average year built in The Heritage of Palatine 2008 Homes for sale in The Heritage of Palatine Address Beds Baths Built Price 50 Greeley St. #402 2 2.0 2008 $275,000 Sales Summary for The Heritage of Palatine  (Aug 27, 2012 - Aug 27, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 202 $243,267 $202,400 83.2% Recent home sales in The Heritage of Pa...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Palatine, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sales.   Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 4 58 $50,000 - $99,999 29 71 $100,000 - $149,999 27 188 $150,000 - $199,999 30 468 $200,000 - $249,999 23 136 $250,000 - $299,999 35 157 $300,000 - $349,999 35 135 $350,000 - $399,999 26 142 $400,000 - $449,999 12 117 $450,000 - $499,999 15 67 $...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Palatine, IL The data lists available homes by price range with average time on market in each range.    Included in this list are many Foreclosures and Short Sales.    Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 7 32 $50,000 - $99,999 27 62 $100,000 - $149,999 24 161 $150,000 - $199,999 27 494 $200,000 - $249,999 27 107 $250,000 - $299,999 34 145 $300,000 - $349,999 31 89 $350,000 - $399,999 25 150 $400,000 - $449,999 14 176 $450,000 - $499,999 13 86 ...
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By Marco Amidei
(RE/MAX Suburban )
New Construction Homes For Sale in Palatine, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 31 $577,063 $416,995 $775,000 168 4 bedrooms 31 $577,063 $416,995 $775,000 168 View All New Construction For Sale in Palatine New Construction Homes for Sale by Subdivision Subdivision Description For Sale Park Avenue Estates Park Avenue Estates is a subdivision of single family homes built in the late 2000's. Park Avenue Estates is located in Palatine south of Dundee Road and west of Quentin Road. 3 homes for sale Prairie Creek Estates Prairie Creek Estates is a subdivision of custom built single family homes built in the late 2010's. Prairie Creek Estates is located in Palatine, Illinois west of Quentin Road and south of Palatine Road. 1 home for sale The data relating ...
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By Marco Amidei
(RE/MAX Suburban )
Townhome & Condo Stats for Palatine, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 312 $148,679 $20,000 $575,000 162 0 bedrooms 2 $42,000 $39,000 $45,000 32 1 bedroom 49 $68,853 $20,000 $179,000 137 2 bedrooms 199 $142,946 $31,900 $525,000 173 3 bedrooms 60 $236,066 $66,000 $575,000 150 4 bedrooms 2 $159,900 $129,900 $189,900 56 View All Townhomes & Condos For Sale in Palatine Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Jun 2013 5 $84,340 $85,680 103.2% 20 May 2013 32 $152,279 $133,786 93.7% 52 Apr 2013 47 $141,901 $135,494 96.2% 66 Mar 2013 67 $143,224 $136,493 97.5% 51 Feb 2013 53 $131,234 $122,284 94.8% 56 Jan 2013 54 $100,870 $94,342 97.7% 71 Dec 2012 41 $110,798 $100,255 92.5% 80 Nov 2012 53 $104,763 $93,567 89.3% 83 Oct 2012 60 $...
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By Marco Amidei
(RE/MAX Suburban )
Single Family Home Stats for Palatine, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 286 $424,368 $96,000 $1,590,000 102 2 bedrooms 9 $177,478 $99,000 $235,000 120 3 bedrooms 87 $284,174 $109,900 $599,000 78 4 bedrooms 148 $464,723 $96,000 $824,999 107 5 bedrooms 42 $625,469 $299,900 $1,590,000 131 View All Single Family Homes For Sale in Palatine Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Jun 2013 2 $379,950 $390,000 102.6% 14 May 2013 28 $341,779 $325,946 95.1% 41 Apr 2013 47 $365,006 $349,439 95.7% 50 Mar 2013 61 $380,364 $359,365 94.2% 60 Feb 2013 33 $343,691 $322,079 93.7% 61 Jan 2013 35 $297,530 $282,746 95.8% 67 Dec 2012 20 $346,515 $317,440 93.5% 94 Nov 2012 24 $341,598 $312,132 91.5% 72 Oct 2012 31 $306,373 $277,819 91.0% 63 ...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Hi guys! Here's a quick video on the Village of Palatine's 4th of July Festival for 2013. It's a great time to come out with family and friends to celebrate our nation's Independence Day! Presented by the Village of Palatine and the Palatine Jaycees, the festival includes a carnival, live music, various food booths from restaurants in the area, a parade, and an amazing fireworks display at 9PM on Friday July 5th. If you're coming out to see the fireworks, make sure you get out there early and claim a spot. The best place to see the spectacular fireworks show is in the baseball field right next to the carnival. Families usually come out hours in advance to lay down blankets and tarps in order to make sure that they have a great view of the fireworks and it also gives them a chance to enj...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Hi guys! Looking for something to do in the suburbs? Or just looking for a good place to eat? Well here's a suggestion.....Gators Wing Shack in Palatine. This is one of my favorite spots in Palatine to go eat, hangout, or watch a game. Check out my video blog to see why. Thanks!   And as always, if you have suggestions for fun things to do in Palatine or the surrounding areas, we'd love to hear about it. Also if you are ever in the market for a rental or any other real estate needs, please let us know because we'd love to assist you. You can reach us at www.cornerstonerealtychicago.com or 847-496-0081. Thanks again!   Kind Regards, Peter LeeCornerstone Realty and Rentals Inc.www.cornerstonerealtychicago.com847-496-0081
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Hello again! Today I wanted to discuss the benefits of having a property manager to watch over your rental or investment properties. Most people love the extra income that rentals/investment properties bring in, but what they don't like is having to deal with the headaches of being someone's landlord. We all know that there can be instances when dealing with tenants can get a little stressful or annoying. There are also the associations to deal with as well as village rules and regulations. Today in my video blog I discuss some of the ways that having a qualified property manager can help ease some of those problems or stresses.         Cornerstone Realty and Rentals, Inc. is located in Palatine, IL and is a full service agency. We specialize in shortsales, foreclosures, rentals, and pr...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Palatine, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sales.    Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 9 19 $50,000 - $99,999 24 71 $100,000 - $149,999 24 207 $150,000 - $199,999 22 575 $200,000 - $249,999 18 156 $250,000 - $299,999 33 140 $300,000 - $349,999 35 82 $350,000 - $399,999 26 179 $400,000 - $449,999 11 191 $450,000 - $499,999 18 116 ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Palatine, IL The data lists available homes by price range with average time on market in each range.      Included in this list are many  Foreclosures and Short Sale properties. Contact us for information on how we may assist you in seeing these properties.       Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 9 31 $50,000 - $99,999 27 81 $100,000 - $149,999 26 239 $150,000 - $199,999 26 523 $200,000 - $249,999 17 191 $250,000 - $299,999 35 152 $300,000 - $349,999 23 95 $350,000 - $399,999 23 154 $400,000 - $449,999 12 180 $450,000 - $499,999 17 123 $500,000 - $549,999 14 216 $550,000 - $599,999 15 268 $600,000 - $699,999 22 187 $700,000 - $...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Hi guys! With the weather getting warmer and school letting out, the rental market is definitely picking up. So I thought it would be a good idea to write a quick blog post with some tips for people who are looking to rent a home but don't have great credit history. I've been receiving a lot of phone calls lately with people who are all in similar situations. With the economy crashing in 2008, many people had fallen on hard times and as a result their credit history has suffered. Whether it be from a loss of a job, a foreclosure, or short sale on their home, many people just don't have the credit score they would like. So here are some quick tips on things that you can do to improve your chances on getting that rental home that you desire.   1. Write up a letter of explanation as to why...
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District 211 High School Students display completed homes Open house for 3 new homes that the students have constructed will be on May 19th, 2013 from 2 to 4pm.  Bidding instructions and information are on the site for these 3 homes which are located at 72 W. Illinois Ave., 86 W. Illinois Ave. and 151 Boynton Ave. in Palatine. I've seen many homes that the students have built in Schaumburg, Hoffman Estates and Palatine and they are all terrific. Glad this program is continuing.
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