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413 N Chestnut Street Palatine, IL 60067 Residential - Single Family New

New - 41 Hours Ago
  • 413 N Chestnut Street , Palatine, IL 60067 Main Photo

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Description

Incredible opportunity to own a spacious brick ranch on an oversized half-acre lot on two separate parcels in a desirable Palatine location. If you're looking for a home with outstanding potential, solid bones, and the chance to build equity through updates and improvements, this is one you won't want to miss. This home offers an inviting floor plan featuring a dramatic vaulted ceiling with exposed beams, a cozy fireplace, an expansive living room, hardwood flooring throughout much of the home, a spacious eat-in kitchen, a primary bedroom with private bath, and a screened-in sunroom overlooking the backyard. Outside, you'll appreciate the rare half-acre fenced yard, oversized driveway, and two-car garage complete with a heater hookup and additional storage/workshop space. Major mechanical updates have already been completed, including ROOF (2020), HVAC (2021), APPLIANCES (2021), and WASHER/DRYER (2021). The home is being conveyed AS-IS and will require updating, cosmetic improvements, and repairs, making it an outstanding opportunity for investors, contractors, rehabbers, or buyers looking to customize a home to their own style while adding long-term value. With its desirable location near Metra, expressways, parks, shopping, dining, and vibrant downtown Palatine, plus a generous lot that's becoming increasingly difficult to find, this property offers exceptional potential for the right buyer.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,424
Garage Size: 2
Attached Garage
Built in 1960
Elementary School: Gray M Sanborn Elementary School
High School: Palatine High School
Middle School: Walter R Sundling Middle School
Cul-De-Sac Lot
Brick Exterior
One Fireplace

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,424
County: Cook
High School: Palatine High School
Subdivision: Merrills
Listed By:
Berkshire Hathaway HomeServices Starck Real Estate 847-931-4663
MRED MLS

Room Information

Eating Area: 9X8
Foyer: 8X7
Sun Room: 14X22
Bedroom 2: 12X9
Bedroom 3: 12X11
Family Room: 16X19
Kitchen: 9X9
Laundry: 3X6
Living Room: 17X13
Primary Bedroom: 15X11
$399,900
Est. $2,618/mo
3beds
2baths
1,424sqft
2cars
New to the Market New
BEDS3 BATHS2 full SQUARE FEET1,424 MLS#12696327
STATUSNew PROPERTY TYPEResidential - Single Family SUBDIVISIONMerrills SCHOOLDistrict 211

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413 N Chestnut Street , Palatine, IL 60067.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $399,900$399,900$399,900
Down Payment $79,980$13,997$99,975
Monthly Mortgage Amount $1,944$2,386$2,471
Taxes $557$557$557
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$176$0
Monthly Estimated Total $2,618$3,236$3,145

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