Active1 days on market
$649,900
43 Cedar Street
Palatine, IL 60067
- Beds
- 5
- Baths
- 3 full
- Sqft
- 3,700
- $/sqft
- $176
- Lot
- 0.913 ac
- Built
- 1949
- Type
- Single Family
- MLS#
- MRD12716589
About this home
Rare Palatine Opportunity - Nearly an Acre with a Second Unit! This property is truly unique; the main house offers a spacious layout with its own large kitchen, bathroom, and living areas. Attached is an extended section featuring a separate kitchen and bathroom. Additionally, there's a second Unit that is licensed via Village of Palatine on-site ready to be rented out. You can live in the main house and rent a second house . Perfect for business or investment. Steps from vibrant downtown Palatine and served by highly rated schools, this exceptional property sits on nearly an acre lot with a fully independent, freestanding second unit. The main residence offers 3 bedrooms, full basement plus a dedicated office and approximately 2,800 sq ft of thoughtfully updated living space. The renovated kitchen shines with quartz countertops, stainless steel appliances, and generous cabinetry, while spacious bedrooms provide room to grow. An attached in-law addition provides a private bedroom and full bath - ideal for extended family or multigenerational living. Major updates throughout include new siding, new HVAC system, newer flooring, and an updated basement - truly move-in ready. The freestanding second unit - approximately 900 sq ft - is equally well-appointed with its own new HVAC system, new flooring, newer washer and dryer, and many additional updates. Total parking space is for at least 5 cars. A private garage and separate laundry make it completely self-sufficient. Live in one, rent the other - or maximize returns by leasing both. The possibilities are as expansive as the lot itself.
Payment calculator
Estimated monthly cost for this home
20% · $130K
%
Term
$4,860/mo
- Principal & interest
- $3,314
- Property taxes
- $1,357
- Home insurance (est.)
- $190
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.58%, 2026-07-23). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
Price & tax history
| Listed Jul 27, 2026 | $649,900 |
| 2023 property taxes | $16,282/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Schools
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Stuart R Paddock Elementary Scho
15
Middle
Plum Grove Middle School
15
High school
William Fremd High School211
See programs, enrollment & homes near this school →
Where it sits
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of eXp Realty, listed by Aleksandr Tokmazeyskiy.
Information last updated Jul 27, 2026, 5:34 PM.
43 Cedar Street
Palatine, IL 60067
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Call 224-385-8779Property details
Sourced from the MRED MLS feed. Last updated when the listing was modified.
- Cooling
- Central Air
- Heating
- Natural Gas, Forced Air
- Basement
- Finished, Partially Finished, Full
- Rooms total
- 9
- Laundry features
- In Unit