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$250,000
2 Beds
1.5 Baths
1,155 SqFt
Acre Lot
Sqft Lot
Status Active
Property Type Townhouse
Price Type
Year Built 1985
Neighborhood Knollwood Of Palatine
Days on Website 22

Property Map

$250,000 – 1426 N Knollwood Drive, Palatine, IL 60067

Street View

Courtesy of @properties Christie’s International Real Estate {attribution_contact}

Description

Welcome investors! This townhome presents a fantastic opportunity for those looking to add a rental property to their portfolio. With some TLC and renovation work, this townhome has great potential to attract tenants and generate consistent rental income. With the right vision and investment, this property can be transformed into a lucrative asset. Don’t miss out on the chance to turn this fixer-upper into a cash-flowing rental property! Stepping inside you will be greeted by this two story living room with a gas fireplace. The open concept is perfect for entertaining and allows direct access to the kitchen. A separate area for a dining room table provides the perfect flow. Tons of windows bringing in ample natural light to this space. A private patio to enjoy for grilling. The main level offers laundry, half bath and an attached garage with extra storage. Moving upstairs you have your primary bedroom with a nice sized walk-in closet, full bath and 2nd bedroom. This subdivision provides an in-ground pool to enjoy during the summer months. Across the street from a large forest preserve offering plenty of walking/bike paths. Close to shopping, dining, Metra access in downtown Palatine and more.

Property Details and Features

Appliances & Equipment

  • Appliances: “Range”, “Dishwasher”, “Refrigerator”, “Washer”, “Dryer”

Basement

  • “None”
  • None

Bathrooms

  • 1 full bathroom
  • 1 half bathroom

Bedrooms

  • 2 bedrooms total

Building

  • Area: 1155
  • Built in 1985
  • Rebuilt: No

Cooling

  • “Central Air”

Accessibility Features

  • No

Exterior Features

  • Features: “Patio”

Fireplaces

  • 1 fireplace
  • Location: Living Room

Garage

  • 1 space
  • Onsite
  • Ownership: Owned
  • Type: Attached

Heating

  • “Natural Gas”
  • “Forced Air”

Home Owner’s Association

  • Dues: $315
  • Dues Frequency: Monthly
  • Dues include: “Insurance”, “Pool”, “Lawn Care”, “Scavenger”, “Snow Removal”

Laundry

  • “In Unit”

Listing

  • 7 days on market
  • Listing Price: $250,000
  • Status: Active
  • Ownership: Fee Simple w/ HO Assn.

Location

  • Area: Palatine
  • County: Cook
  • Subdivision: Knollwood of Palatine

Lot

  • Features: “Cul-De-Sac”
  • Dimensions: 1179

Parking

  • Parking included in price
  • Parking Total: 1

Pets Policy

  • Description: “Cats OK”, “Dogs OK”, “Number Limit”, “Size Limit”

Roof

  • “Asphalt”

Schools

  • Elementary: Gray M Sanborn Elementary School
  • Middle/Junior High: Walter R Sundling Middle School
  • High School: Palatine High School

Sewer

  • “Public Sewer”

Utilities

  • Water Source: “Lake Michigan”

Taxes

  • Annual Taxes: $4,154
  • Year: 2023
  • Exemptions: Homeowner, Senior

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