Palatine IL 60074 MLS #MRD12569861

Palatine, IL, 60074
$229,900
2 Beds
2 Baths
1,132 SqFt
0 Acres
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MLS #MRD12569861 image #0
GREAT OPPORTUNITY to own a condo to either live in or continue to rent to current tenant! GREAT location just off Rt 53 & Rand Road but set back in the subdivision so NO road noise! Convenient to plenty of shopping and restaurants! This 2 bedroom, 2 bathroom 1st Floor CORNER unit with walkout through the sliding glass doors to the patio with a pond view! Unit has been updated throughout in 2019: Kitchen with tall maple cabinets & crown molding, granite countertops, stainless steel appliances & ceramic tile! Bathrooms also with maple cabinets, granite vanities, light fixtures & hardware! Newer carpeting, paint & light fixtures throughout rest of the unit! Interior doors also replaced with white panel doors! Expansive living room opens to dining room! Master bedroom with a walk-in closet! 2nd bedroom with hall bath! 2nd floor with laundry & storage #3! Association fees include almost everything: Heat, Water, Gas, Parking, Common Insurance, Clubhouse, Pool, Tennis & Volleyball Courts, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal! ONLY pay for Electricity! Current lease ends May 30, 2027. Continue to lease out or tenant is willing to move out sooner with a 60 day notice.

Property Details

Price:
$229,900
MLS #:
MRD12569861
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subdivision:
Runaway Bay
Neighborhood:
palatine
Listed Date:
Feb 16, 2026
Finished Sq Ft:
1,132
Year Built:
1980
WaterfrontTennisPalatinePalatineRunaway BayLake Louise Elementary SchoolWinston Campus Middle SchoolPalatine High SchoolWater

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Schools

School District:
211
Elementary School:
Lake Louise Elementary School
Middle School:
Winston Campus Middle School
High School:
Palatine High School

Interior

Bathrooms
2 Full Bathrooms
Cooling
Wall Unit(s)
Heating
Baseboard
Laundry Features
Common Area

Exterior

Association Amenities
Coin Laundry, Storage, Pool, Tennis Court(s), Clubhouse
Construction Materials
Brick, Frame
Lot Features
Corner Lot
Parking Features
Asphalt, Unassigned, Parking Lot, Yes, Other
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Roof
Asphalt
View
Water

Financial

HOA Fee
$376
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Gas, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2023
Taxes
$3,547

Map

Community

Market Summary

Current real estate data for Condo in Palatine as of Jun 13, 2026
89
Condo Listed
41
Avg DOM
219
Avg $ / SqFt
$262,477
Avg List Price

Property Summary

    Located in the Runaway Bay subdivision, Palatine IL is a Condo for sale in Palatine, IL, 60074. It is listed for $229,900 and features 2 beds, 2 baths, and has approximately 1,132 square feet of living space, and was originally constructed in 1980. The current price per square foot is $203. The average price per square foot for Condo listings in Palatine is $219. The average listing price for Condo in Palatine is $262,477.

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