$250,000
Palatine, IL 60074
Opportunity awaits in the heart of Palatine! This 2-bedroom, 1-bath ranch home offers an excellent opportunity for an investor, rehabber, or handy buyer looking to build equity and create a home to their own vision. The interior is ready for renovation, providing plenty of potential to update and customize the space. The unfinished basement offers additional storage and future possibilities. Several major updates have already been completed, including a newer roof, furnace, and air conditioner. Ideally located near downtown Palatine, Metra train service, major highways, recreational parks, shopping, dining, and everyday conveniences. Located within highly regarded Palatine School District 15 and Township High School District 211. Whether you're looking for your next investment project or an opportunity to transform a home, this property offers tremendous potential in a desirable location. Sold as-is.
Estimated monthly cost for this home
$1,876/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.65%, 2026-08-20). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2023 property taxes | $6,227/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.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Virginia Lake Elementary School
15
Middle
Winston Campus Middle School
15
High school
Palatine High School211
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Keller Williams Thrive, listed by Mark Veit.
Information last updated Aug 22, 2026, 9:40 PM.
132 Greenwood Avenue
Palatine, IL 60074

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.