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$360,000

805 Palatine Rd

Palatine, IL
Contingent
3
Bedrooms
1
Bathrooms
1944
Year Built
110
Days On Market

Outstanding opportunity to own a unique and well-maintained property situated on a beautifully landscaped 1/2-acre lot surrounded by mature trees, offering exceptional privacy in a highly desirable Palatine location. Originally built as a single-family home and later rezoned for office use, this one-of-a-kind property offers incredible flexibility for a variety of future uses. Buyers seeking a distinctive residence may have the opportunity to convert the property back to single-family residential use, subject to approval by the Village of Palatine. Alternatively, the property may continue to serve as a professional office, making it an excellent option for owner-users, entrepreneurs, or those looking for a live/work opportunity (buyers should verify all zoning requirements and permitted uses with the Village). Inside, the flexible floor plan features two oversized rooms currently used as private offices, a central reception area that could easily become a spacious living room or dining area, and an additional room ideal for a bedroom, home office, nursery, or storage. The property also includes a full bathroom and a convenient kitchenette with refrigerator, cabinet storage, and space for a microwave and coffee station, providing an excellent starting point for future customization. Outside, you'll find a detached two-car garage, a dedicated parking area accommodating six or more vehicles, and a separate standalone building offering endless possibilities as a workshop, studio, home gym, guest space, hobby room, private office, or additional storage. Major mechanical updates have already been completed, including a newer furnace and hot water heater, both replaced within the past two years. Located just over one mile from the proposed future Chicago Bears stadium development in Arlington Heights, this property offers exceptional long-term investment potential in one of the northwest suburbs' most exciting growth corridors. Whether you're envisioning a charming custom residence, a unique live/work property, or a continued professional office, this versatile property offers an exceptional opportunity to bring your vision to life.

Listing Information

Listing Updated
9 days ago
Listed By
Morgan Danuk · Legacy Properties, A Sarah Leonard Company, LLC, 2249999100
MLS#
12706201
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
805 E Palatine Rd, Palatine, IL 60074
City
Palatine
County
Cook
Zip Code
60074

Architecture

Bedrooms
3
Bathrooms
1
Year Built
1944
Construction Materials
Vinyl Siding
Garage
Yes
Garage Spaces
2
Parking Features
Garage, Detached

Features & Amenities

Cooling
Central Air
Heating
Forced Air

Property Features

Water
Well
Sewer
Septic Tank

Square Footage

Total
1,650 sq. ft.

Tax & Financial Information

List Price
$360,000
Annual Taxes
$9,329

Schools

74/100
N Cook Young Adult Acdmy Palatine
Grades M–M · 1.2 mi
City
Palatine
Students
24
Student–teacher
6.0
Student body
42% Hispanic / Latino · 29% Black · 21% White
Free/reduced lunch
67%
Phone
(847) 359-2823
68/100
Patton Elementary School
Elementary · Grades KG–05 · 1.4 mi
City
Arlington Heights
Students
429
Parent reviews
4.0★ avg · 4 reviews
Student body
85% White · 6% Hispanic / Latino · 5% Asian
Free/reduced lunch
1%
Phone
(847) 398-4288
55/100
Stuart R Paddock School
Elementary · Grades PK–05 · 1.4 mi
City
Palatine
Students
703
Student body
40% White · 39% Hispanic / Latino · 13% Asian
Free/reduced lunch
43%
Phone
(847) 963-5800
53/100
Jane Addams Elementary School
Elementary · Grades PK–05 · 1 mi
City
Palatine
Students
475
Student body
62% Hispanic / Latino · 23% White · 9% Asian
Free/reduced lunch
61%
Phone
(847) 963-5000
52/100
Virginia Lake Elementary School
Elementary · Grades PK–05 · 1.3 mi
City
Palatine
Students
717
Student body
57% Hispanic / Latino · 32% White · 4% Black
Free/reduced lunch
42%
Phone
(847) 963-7100
49/100
North Campus
High · Grades 09–12 · 1.1 mi
City
Palatine
Phone
(847) 755-6700
49/100
Kirk School
Grades M–M · 1.2 mi
City
Palatine
Phone
(847) 463-8500
48/100
Winston Campus Elementary
Elementary · Grades PK–05 · 0.2 mi
City
Palatine
Students
489
Parent reviews
1.0★ avg · 2 reviews
Student body
44% White · 41% Hispanic / Latino · 10% Asian
Free/reduced lunch
42%
Phone
(847) 963-7500

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/15/2026Listed for sale$360,000

Listed by Morgan Danuk · Legacy Properties, A Sarah Leonard Company, LLC · 2249999100

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 24, 2026 at 8:04 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12706201

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