MLS# MRD12203227 – 1426 N Knollwood Drive, Palatine, IL 60067

$250,000 - 2Br/2Ba - for Sale in Knollwood Of Palatine, Palatine

Price: $250,000

Beds: 2

Baths: 1 full, 1 half

Living Area SqFt: 1,155

Status: Active

Property Type: Townhouse

Year Built: 1985

Neighborhood: Knollwood Of Palatine

Days on Website: 22

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

Property 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.

Open House

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

Property Map

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

Street View

Nearby Schools

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