Palatine, IL Real Estate News

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 6 34 $50,000 - $99,999 31 87 $100,000 - $149,999 26 284 $150,000 - $199,999 27 498 $200,000 - $249,999 25 215 $250,000 - $299,999 32 169 $300,000 - $349,999 21 84 $350,000 - $399,999 20 150 $400,000 - $449,999 9 197 $450,000 - $499,999 13 206 $500,000 - $549,999 25 135 $550,000 - $599,999 15 275 $600,000 - $699,999 16 224 $700,000 - $799,...
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Bridgeview Creek West, Palatine, Illinois About Bridgeview Creek West Bridgeview Creek West is a townhome community built in the late 1990's. Bridgeview Creek West is located in Palatine west of Quentin Road just north of Palatine Road. Average taxes in Bridgeview Creek West $7,837 Average association fees in Bridgeview Creek West $217 ($211 - $223) Average home size in Bridgeview Creek West 1,940 ft2 Average lot size in Bridgeview Creek West 0.00 acres Average year built in Bridgeview Creek West 1997 Homes for sale in Bridgeview Creek West Address Beds Baths Built Price 124 Drew Ct. 2 2.1 1997 $375,000 126 Drew Ct. 2 2.1 1997 $329,000 Sales Summary for Bridgeview Creek West  (Apr 19, 2012 - Apr 19, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 136 $358,583...
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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 8 36 $50,000 - $99,999 41 170 $100,000 - $149,999 33 361 $150,000 - $199,999 19 685 $200,000 - $249,999 34 205 $250,000 - $299,999 31 187 $300,000 - $349,999 22 132 $350,000 - $399,999 14 160 $400,000 - $449,999 13 159 $450,000 - $499,999 18 148 $500,000 - $549,999 23 122 $550,000 - $599,999 13 295 $600,000 - $699,999 15 202 $700,000 - $7...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Hi guys, I just wanted to see what peoples' thoughts were on the subject of Macs vs. PCs as it relates to your business. Truth be told, I've been a mac user for over a decade now and I love how user friendly they are and all the neat shortcuts that make it difficult for me to ever go back to a PC. However, I have come across certain hurdles when it comes to using Macs in my business. There are certain programs that I would love to use but they are not tailored to Mac operating systems so I'm always having to use someone else's laptop or PC for things like designing postcards or mailings on Quantum digital. Would it just be easier for me to use my Mac for personal use and get a PC for the office? What's your thoughts and experiences???  
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
The Wine Cellar in Palatine.361 West Northwest HighwayPalatine, Illinois 60067(847) 776-1000 Looking for something fun to do in Palatine, IL? Do you like wines of all different kinds? Do you like specialty liquors and exotic beers? Do you like high end cigars? If you answered yes to any or all of those questions, then this sounds like the place for you (and it sounds like we would get along pretty well)! The Wine Cellar in Palatine is not your typical liquor store or wine shop for that matter. They carry hundreds of different types of wines, Champagnes, sparkling ciders, imported beers, tequilas, whiskeys, scotches, vodkas, etc. And it's not your typical run of the mill stuff that you would see at a regular liquor store carrying Bud Light and Jack Daniels....not that there's anything w...
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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 229 $375,351 $65,000 $1,590,000 160 bedrooms 1 $539,000 $539,000 $539,000 415 2 bedrooms 8 $157,063 $79,900 $279,900 178 3 bedrooms 82 $227,526 $65,000 $599,000 156 4 bedrooms 113 $442,241 $140,000 $825,000 151 5 bedrooms 25 $621,184 $214,000 $1,590,000 201 View All Single Family Homes For Sale in Palatine Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Jan 2013 33 $351,289 $317,376 90.5% 153 Dec 2012 29 $359,755 $323,945 90.2% 178 Nov 2012 31 $281,970 $255,881 90.9% 141 Oct 2012 33 $366,759 $331,956 90.0% 150 Sep 2012 43 $374,343 $343,484 91.4% 116 Aug 2012 48 $333,691 $301,357 89.3% 117 Jul 2012 44 $345,402 $305,516 87.8% 144 Jun 2012 32 $349,163 $322,51...
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By Marco Amidei
(RE/MAX Suburban )
Evergreen Court, Palatine, Illinois About Evergreen Court Evergreen Court is a townhouse subdivision built in the mid 1980's. Evergreen Court is located in Palatine, Illinois west of Route 53 and south of Dundee Road. Average taxes in Evergreen Court $4,275 Average association fees in Evergreen Court $175 ($175 - $175) Average home size in Evergreen Court 1,282 ft2 Average lot size in Evergreen Court 0.00 acres Average year built in Evergreen Court 1987 Homes for sale in Evergreen Court Address Beds Baths Built Price 1215 Evergreen Dr. 2 2.1 1987 $169,900 1259 Evergreen Dr. 2 1.1 1986 $189,000 Sales Summary for Evergreen Court  (Feb 2, 2012 - Feb 1, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 175 $216,433 $187,750 86.7% Recent home sales in Evergreen Cour...
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Plum Grove Manor, Palatine, Illinois About Plum Grove Manor Plum Grove Manor is a single family home subdivision built in the 1960's and 1970's. Plum Grove Manor is in Palatine, Illinois north of Illinois Avenue and west of Plum Grove Road. Average taxes in Plum Grove Manor $0 Average association fees in Plum Grove Manor $0 Average home size in Plum Grove Manor 0 ft2 Average lot size in Plum Grove Manor 0.00 acres Average year built in Plum Grove Manor 0 Homes for sale in Plum Grove Manor None Sales Summary for Plum Grove Manor  (Jan 18, 2012 - Jan 17, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 183 $418,217 $358,250 85.7% Recent home sales in Plum Grove Manor Address Beds Baths Sold 432 S. Plum Grove Rd. 3 2.1 $267,000 154 Imperial Ct. 4 2.1 $400,000 406...
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By Marco Amidei
(RE/MAX Suburban )
Brandon Grove, Palatine, Illinois About Brandon Grove Brandon Grove is a condo community located in Palatine, Illinois. Brandon Grove is on Brandon Court. Average taxes in Brandon Grove $1,894 Average association fees in Brandon Grove $211 ($211 - $211) Average home size in Brandon Grove 900 ft2 Average lot size in Brandon Grove 0.00 acres Average year built in Brandon Grove 1982 Homes for sale in Brandon Grove Address Beds Baths Built Price 127 Brandon Ct. #31D 2 2.0 1982 $65,000 Sales Summary for Brandon Grove  (Jan 18, 2012 - Jan 17, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 262 $93,775 $71,042 75.8% Recent home sales in Brandon Grove Address Beds Baths Sold 111 W. Brandon Ct. 2 2.0 $51,000 113 W. Brandon Ct. 2 2.0 $58,950 195 W. Brandon Ct. 2 2.0 $6...
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By Marco Amidei
(RE/MAX Suburban )
Benchmark, Palatine, Illinois About Benchmark Benchmark is a condo community built in the early 2000's by Franczak & Associates in Palatine, Illinois. Benchmark features condos with floor plans ranging from 1,014 to 2,736 square feet of living space. The Benchmark is located within walking distance of downtown Palatine, the Metra and Pace stations. Average taxes in Benchmark $3,913 Average association fees in Benchmark $280 ($280 - $280) Average home size in Benchmark 0 ft2 Average lot size in Benchmark 0.00 acres Average year built in Benchmark 2005 Homes for sale in Benchmark Address Beds Baths Built Price 133 Palatine Rd. #108 1 1.1 2005 $135,000 Sales Summary for Benchmark  (Jan 18, 2012 - Jan 17, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 136 $262,2...
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By Marco Amidei
(RE/MAX Suburban )
Beacon Cove, Palatine, Illinois About Beacon Cove Beacon Cove is a condo community built in the mid 1980's. Beacon Cove is located in Palatine, Illinois on Rand Road south of Dundee. Average taxes in Beacon Cove $1,473 Average association fees in Beacon Cove $157 ($157 - $157) Average home size in Beacon Cove 0 ft2 Average lot size in Beacon Cove 0.00 acres Average year built in Beacon Cove 1986 Homes for sale in Beacon Cove Address Beds Baths Built Price 1319 Winslowe Dr. #103 1 1.0 1986 $57,000 Sales Summary for Beacon Cove  (Jan 18, 2012 - Jan 17, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 94 $44,450 $36,300 81.7% Recent home sales in Beacon Cove Address Beds Baths Sold 1233 Winslowe Dr. 2 1.0 $34,000 1281 N. Winslowe Dr. 2 1.0 $37,000 1241 N. Winslow...
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By Marco Amidei
(RE/MAX Suburban )
Auburn Woods, Palatine, Illinois About Auburn Woods Auburn Woods is a townhome community built in the late 1980's by Hoffman Homes. Auburn Woods features 106 town homes with floor plans ranging from 1,464 to 1,740 square feet of living space. Auburn Woods is located in Palatine, Illinois on Northwest Highway west of Quentin. Average taxes in Auburn Woods $5,788 Average association fees in Auburn Woods $240 ($240 - $240) Average home size in Auburn Woods 1,650 ft2 Average lot size in Auburn Woods 0.00 acres Average year built in Auburn Woods 1989 Homes for sale in Auburn Woods Address Beds Baths Built Price 1051 Auburn Woods Dr. 2 2.1 1989 $265,000 842 Auburn Woods Dr. 2 2.1 1988 $225,500 Sales Summary for Auburn Woods  (Jan 18, 2012 - Jan 17, 2013) # of Sales Average Days on Market Ave...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Relocating to Palatine, IL 60067: If you’re planning to relocate to Palatine, IL then you made a good choice. Palatine is one of my favorite Northwest suburbs of Chicago. Now I may be a little biased just because I currently live here, but I can honestly say that it is such a friendly, safe, and convenient town to live in. You’re close to the highway and you’re close to the Palatine Metra Station, so traveling is never a problem. There are plenty of restaurants and shopping near by, and the schools here are excellent. Properties in Palatine tend to go quickly because of the fact that this is such a great neighborhood. That is why if you are looking to relocate to the Palatine, IL area then we at Cornerstone Realty and Rentals, Inc. would love to help you either rent, purchase, or sell y...
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By Marco Amidei
(RE/MAX Suburban )
Highland Woods, Palatine, Illinois About Highland Woods Highland Woods is a single family home neighborhood built from the late 1970's to early 1980's. Highland Woods is located in Palatine, Illinois north of Algonquin Road and east of Ela Road. Average taxes in Highland Woods $0 Average association fees in Highland Woods $0 Average home size in Highland Woods 0 ft2 Average lot size in Highland Woods 0.00 acres Average year built in Highland Woods 0 Homes for sale in Highland Woods None Sales Summary for Highland Woods  (Jan 16, 2012 - Jan 15, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 100 $465,116 $432,667 93.0% Recent home sales in Highland Woods Address Beds Baths Sold 3481 Regent Dr. 4 3.1 $470,000 3405 Yorkshire Ct. 5 2.1 $428,000 3483 Regent Dr. 4 ...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
This is the time of year that many people remove their home from the market due to weather conditions and holiday obligations, or simply do not list it at all. We are seeing subtle differences this year so far, and are predicting that the trends of 2013 will be the reverse of that. Housing supply is down 40% to 50% from last year. In some areas in the Chicagoland area, we are seeing significant improvement in the housing market. Some areas are even being affected by positive indicators that the trends are reversing, for example: decreasing listings, increasing sales volume, lower days on market, increasing Sales Price to List Price ratios. These are all positive indicators, however; Pricing (appreciation) is the indicator that is still falling behind. Cook County Area Prediction Cook Co...
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By Marco Amidei
(RE/MAX Suburban )
Wellington Court, Palatine, Illinois About Wellington Court Wellington Court is a condo community built by Wellington Partners in the early 2000's. Wellington Court is located in Palatine, Illinois on Colfax Street west of Plum Grove Road and north of Palatine Road. Average taxes in Wellington Court $3,799 Average association fees in Wellington Court $217 ($217 - $217) Average home size in Wellington Court 0 ft2 Average lot size in Wellington Court 0.00 acres Average year built in Wellington Court 2002 Homes for sale in Wellington Court Address Beds Baths Built Price 124 Colfax #408 1 1.1 2002 $159,000 Sales Summary for Wellington Court  (Jan 12, 2012 - Jan 11, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 6 157 $200,783 $174,667 87.0% Recent home sales in We...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Rentals in The Groves of Palatine are definitely a hot commodity now a days. With its close proximity to Downtown Palatine and the Metra station, it is definitely an area in high demand.  People from all ages and walks of life enjoy living in the vibrant area because there’s always something to do within walking distance (which we suburbanites know is a rarity). Whether you’re looking to dine out and catch a show at Durty Nellies in Palatine or go have a drink at Emmett's Ale House, the Groves of Palatine is the perfect place for you to live.  And with the Metra Station being less than a mile away, it’s perfect for commuters and people looking to have a good time out in the city without having to worry about driving back and forth! Because of it’s convenient location, clean neighborhood...
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By Young Lee, Helping You Lay the Foundation for Your Future!
(Cornerstone Realty and Rentals, Inc.)
Condo and Townhouse Short Sales for Palatine, IL December 2012 Short Sales are now a common part of the current real estate market.  In a previous post, we went over the short sale statistics for single family homes. In this post, we are going to go over the short sale activity in Palatine, IL for condos and townhouses.  Palatine has always had a large number of condos and townhouses and continued to add more new construction condo buildings and townhouses in the last 10 years during the rebuilding of the downtown area and metra station areas. As you can see from the chart below, there is quite a larger number of attached homes in Palatine that associated with short sales. Condo and Townhouse Short Sale Stat Chart   The chart above shows us that there was a short sale inventory of 155 c...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Good Places to Get Sushi in Palatine Now I’m not food critic expert, but I do love to eat me some food. And one of my favorite kinds of food to eat is Sushi. And it’s not because I’m trying to fulfill some Asian Stereotype, but because it is a delicious and healthy alternative to the greasy cheeseburgers and fried chicken that normally make up my diet. But if you’re like me and you are looking for some good sushi, you also want to make sure you’re getting the most bang for your buck. So here are two places that I’ve been to in Palatine that have made my stomach very happy! Sushi Para – Located on 1268 E. Dundee Rd. just west of 53, Sushi Para is a very popular destination for sushi and food lovers. One of the great things about this restaurant is that it is all you can eat sushi (discla...
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By Peter Lee, Broker/Property Manager
(Cornerstone Realty and Rentals, Inc.)
Free Ice Skating in Palatine, it’s one of the things I love about living here. It’s a great neighborhood that is safe and very convenient. Not only are there plenty of shopping, restaurants, and bars, but the Village of Palatine and their Park District do a great job of providing family friendly and couple friendly activities to do.  You see I am very much a “suburb person.”  I love living in the suburbs and don’t think I would be able to handle the hustle and bustle of living in the city. But if you’re like me, you also know that finding fun things to do out in the suburbs are few and far between. I mean how many times can you go out to eat and watch a movie (without doing a detriment to your health)? That’s what’s so great about Palatine. Not only is there a nice downtown area but the...
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