805 E Palatine Road Palatine IL 60074 MLS #MRD12706201

805 E Palatine Road
Palatine, IL, 60074
$360,000
3 Beds
1 Baths
1,650 SqFt
0 Acres
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MLS #MRD12706201 image #0
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.

Property Details

Price:
$360,000
MLS #:
MRD12706201
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Neighborhood:
palatine
Listed Date:
Jul 15, 2026
Finished Sq Ft:
1,650
Year Built:
1944
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Schools

School District:
15

Interior

Bathrooms
1 Full Bathroom
Cooling
Central Air
Fireplaces Total
1
Heating
Forced Air

Exterior

Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Yes, Detached, Garage
Parking Spots
8
Parking Total
8

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$9,329

Map

Community

Market Summary

Current real estate data for Single Family in Palatine as of Jul 23, 2026
129
Single Family Listed
83
Avg DOM
282
Avg $ / SqFt
$628,273
Avg List Price

Property Summary

    805 E Palatine Road Palatine IL is a Single Family for sale in Palatine, IL, 60074. It is listed for $360,000 and features 3 beds, 1 baths, and has approximately 1,650 square feet of living space, and was originally constructed in 1944. The current price per square foot is $218. The average price per square foot for Single Family listings in Palatine is $282. The average listing price for Single Family in Palatine is $628,273.

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