413 N Chestnut Street Palatine IL 60067 MLS #MRD12696327

413 N Chestnut Street
Palatine, IL, 60067
$399,900
3 Beds
2 Baths
1,424 SqFt
0.47 Acres
Add
MLS #MRD12696327 image #0
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 Details

Price:
$399,900
MLS #:
MRD12696327
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subdivision:
Merrills
Neighborhood:
palatine
Listed Date:
Jul 6, 2026
Finished Sq Ft:
1,424
Year Built:
1960
RanchPoolPalatinePalatineMerrillsGray M Sanborn Elementary SchoolWalter R Sundling Middle SchoolPalatine High School

Ask a Question

See this Listing

Send
  

Schools

School District:
211
Elementary School:
Gray M Sanborn Elementary School
Middle School:
Walter R Sundling Middle School
High School:
Palatine High School

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener, Humidifier
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Hardwood
Heating
Forced Air
Interior Features
Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
Laundry Features
Main Level, In Unit

Exterior

Architectural Style
Ranch
Community Features
Park, Pool, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced
Garage Spaces
2
Lot Features
Cul-De-Sac, Mature Trees, Adjoins Government Land
Other Structures
Shed(s)
Parking Features
Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Unassigned, Driveway, Owned, Garage
Parking Spots
8
Parking Total
8
Patio And Porch Features
Patio, Screened
Roof
Asphalt

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$11,031

Map

Community

Market Summary

Current real estate data for Single Family in Palatine as of Jul 11, 2026
143
Single Family Listed
72
Avg DOM
282
Avg $ / SqFt
$620,871
Avg List Price

Property Summary

    Located in the Merrills subdivision, 413 N Chestnut Street Palatine IL is a Single Family for sale in Palatine, IL, 60067. It is listed for $399,900 and features 3 beds, 2 baths, and has approximately 1,424 square feet of living space, and was originally constructed in 1960. The current price per square foot is $281. The average price per square foot for Single Family listings in Palatine is $282. The average listing price for Single Family in Palatine is $620,871.

Similar Listings Nearby

broker reciprocity
MLS# MRD12655215broker reciprocity
501 South Street
Barrington, IL

$515,000

4.3 miles away

broker reciprocity
MLS# MRD12661764broker reciprocity
784 N Franklin Avenue
Palatine, IL

$514,900

0.8 miles away

broker reciprocity
MLS# MRD12682983broker reciprocity
501 Lafayette Lane
Hoffman Estates, IL

$510,000

4.3 miles away

broker reciprocity
MLS# MRD12676993broker reciprocity
41 N Bridge View Street
Palatine, IL

$509,900

0.5 miles away

broker reciprocity
MLS# MRD12645802broker reciprocity
1117 E Kitson Drive
Palatine, IL

$509,900

2.0 miles away

broker reciprocity
MLS# MRD12700344broker reciprocity
405 W Newport Road
Hoffman Estates, IL

$500,000

4.3 miles away

broker reciprocity
MLS# MRD12692245broker reciprocity
715 E Main Street
Barrington, IL

$500,000

4.4 miles away

broker reciprocity
MLS# MRD12687822broker reciprocity
1015 S Ridge Avenue
Arlington Heights, IL

$500,000

4.9 miles away

broker reciprocity
MLS# MRD12670315broker reciprocity
931 N Fernandez Avenue
Arlington Heights, IL

$499,998

3.6 miles away

broker reciprocity
MLS# MRD12661949broker reciprocity
904 Cascade Court
Pingree Grove, IL

$499,990

4.4 miles away

413 N Chestnut Street
Palatine, IL
Scroll to Top