675 W Gilbert Road
Palatine, IL 60067

Status: Active
Single Family
5 beds
2 baths
3,424 sq.ft
Listing Price: $485,000

About this home

This property is an incredible opportunity, priced below its appraised value! Call your Builder and bring your creative vision and touch. Perfect for designing your dream build or develop two new homes amidst tranquil surroundings. Renovation of the existing home could also be a possibility. The 45, 564 sq. ft. parcel can be easily subdivided to develop two residential lots offering endless possibilities for builders and developers. Offering New Build clientele all the convenience of urban living from their peaceful suburban retreat complete with privacy from neighbors yet only a few blocks from acclaimed FREMD High School District and Pleasant Hill Elementary. LOCATION, LOCATION, LOCATION -- Metra Station only 1.5 miles away and quick access to Routes 53 and I90, you can easily reach O'Hare Airport, Downtown Chicago, local health services, shopping centers, restaurants, and Forest Preserves in every direction. Historic Downtown Palatine, just 1.5 miles away, offers a variety of shopping and dining options, as well as Farmers Markets and Town Festivals. Your family will be sure to love the close proximity to The Birchwood Rec Center with outdoor pool, picnic shelter, gymnasium, football and baseball/softball fields, tennis and basketball courts, playground, pre-school and much more. The nearby Palatine Senior Center offers programs and services which support Seniors and their families. Harper College, a renowned public community college, is also conveniently close. If it's outdoor enjoyment you seek, you will find Deer Grove Forest Preserve (3.5 miles), Palatine Prairie & Margreth Riemer Reservoir Park (1.4 miles). Situated on the nearly acre lot is an unique home lovingly built over the course of 25 years by its original owner consisting of 3000+ square feet of living offering 5 bedrooms, 2 full baths, walkout basement and much more. Additional amenities include comfortable Hot Water Heat, 2 patios, 1 Car Garage with Workshop and storage areas. City water and sewer are available on the south side of Gilbert, with the current home already connected to the city sewer, gas and electric. When location is key and land opportunities are scarce, don't miss out on this prime parcel in the desirable Palatine Knolls Subdivision.

Property details

Property / Lot Details
Acreage 1.04
Lot Dimensions 166X296X153X146X13X150
Lot Description Wooded, Mature Trees, Level
Lot Size Source Survey
Lot Size 1.0-1.99 Acres
Main Sq Ft 1698
Model CUSTOM
Other Structures Shed(s)
Ownership Fee Simple
Style of House Ranch
Total Finished/Unfinshed Sq Ft 3424
Total Sq Ft 1698
Type Detached 1 Story
Property Type Detached Single
Interior Features
Additional Rooms Bedroom 5, Recreation Room, Sun Room, Storage, Office
Appliances Range, Refrigerator, Washer, Dryer, Range Hood
Aprox. Total Finished Sq Ft 3424
Square Feet 3,424
Square Feet Source Estimated
Basement Description Finished, Exterior Access, Concrete Block, Rec/Family Area, Sleeping Area, Storage Space, Daylight
Basement Bathrooms Yes
Basement Full ,Walkout
Bedrooms Count 5
Bedrooms Possible 5
Basement Sq Ft 1726
Dining None
Disability Access and/or Equipped No
BelowGradeFinishedArea 1726
Fireplace Location Family Room, Living Room
Fireplace Count 2
Fireplace Details Wood Burning
Baths FULL Count 2
Baths Count 2
Interior Property Features Skylight(s), First Floor Bedroom, In-Law Arrangement, First Floor Full Bath, Pantry
LaundryFeatures Gas Dryer Hookup
Total Rooms 10
Rooms
room 1
Type Bedroom 5
Level Walkout Basement
Dimensions 13X11
room 2
Type Recreation Room
Level Walkout Basement
Dimensions 20X13
room 3
Type Sun Room
Level Walkout Basement
Dimensions 30X12
room 4
Type Storage
Level Walkout Basement
Dimensions 09X06
room 5
Type Office
Level Main
Dimensions 11X09
room 6
Type Sun Room
Level Main
Dimensions 15X11
room 7
Type Storage
Level Walkout Basement
Dimensions 08X07
room 8
Type Storage
Level Walkout Basement
Dimensions 09X07
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level Walkout Basement
Dimensions 14X13
room 12
Type Bedroom 3
Level Main
Dimensions 14X11
room 13
Type Bedroom 4
Level Main
Dimensions 13X12
room 14
Type Dining Room
Level N/A
room 15
Type Family Room
Level Walkout Basement
Dimensions 20X12
room 16
Type Kitchen
Level Main
Dimensions 20X12
Type Eating Area-Table Space
room 17
Type Laundry
Level Walkout Basement
Dimensions 09X09
room 18
Type Living Room
Level Main
Dimensions 18X15
room 19
Type Master Bedroom
Level Main
Dimensions 14X13
Bath None
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age Unknown
Parking Total 1
Driveway Asphalt
Exterior Building Type Cedar,Concrete
Exterior Property Features Patio ,Workshop
Foundation Block, Concrete Perimeter
Garage Details Carport
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 1
Parking Garage
Roof Type Tar and Gravel
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Window/Wall Units - 2
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major Palatine
Corporate Limits Palatine
Directions Quentin Rd North of Illinois Ave to Gilbert Rd.
Electricity Circuit Breakers
Equipment Water Heater-Gas
Elementary School Pleasant Hill Elementary School
Elementary Sch Dist 15
Heat/Fuel Natural Gas
High Sch Wm Fremd High School
High Sch Dist 211
Sewer Public Sewer
Water Private Well
Jr High/Middle School Plum Grove Middle School
Jr High/Middle Dist 15
Subdivision Palatine Knolls
Township Palatine

Financials

Investment Profile Residential

Tax/Assessments/Liens

Frequency Not Applicable
Assessment Includes None
Master Association Fee Frequency Not Required
PIN 02223010280000
Special Assessments N
Taxes $9,779
Tax Exemptions Homeowner, Senior
Tax Year 2023
$485,000 Listing Price:
MLS # 12081692
Investment Profile Residential
Listing Market Time 128 days
Basement Full ,Walkout
Type Detached 1 Story
Parking Garage
List Date 06/26/2024
Year Built
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