Back 1040 N Knollwood Dr
Off Market

1040 N Knollwood Dr

Palatine IL 60067

2
2
1
1155 sq. ft.
Townhouse
Last sold for $299,000
Tom UdvanceTom Udvance, last sold this property on 10 September 2026 after 72 days on market.

Overview

Discover the allure of this exquisite 2 bedroom, 1.5 bathroom townhome in the sought-after Knollwood community of Palatine. As you enter, you'll be greeted by a spacious living room with fireplace, adorned with a cathedral ceiling, creating an airy and inviting atmosphere bathed in natural light. Freshly painted throughout June 2026. The galley kitchen includes a newer refrigerator(2025), pantry, and a charming eating area. Convenience meets style with main level laundry (washer/dryer 2024) and a powder room. Upstairs, the master suite offers a tranquil retreat with a spacious walk-in closet, while the second bedroom provides ample space and a large closet. This home also includes an attached one-car garage with additional storage. Furnace, AC, and water heater all new in 2025. The neighborhood provides access to a swimming pool, clubhouse, tennis and basketball courts, offering a perfect blend of relaxation and recreation. Conveniently located near Deer Park Forest Preserve, 53/90, dining, entertainment, and shopping, this townhome offers the best of both worlds. Perfect for investors, the HOA covers pool access, club house amenities, tennis, water, exterior maintenance, lawn care, scavenger service, and snow removal.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
1155 sq. ft. floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Palatine over the last 12 months, the estimated median property value of 1040 N Knollwood Dr is $351k.

Median value
$351k
Estimated value range
$255k - $719.9k
Median days on market
10
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Palatine. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1040 N Knollwood Dr

2026
Sold
$299,000
10 Sep 2026 by Tom Udvance, of Compass

Happy sellers in Palatine

88%
88% of sellers in Palatine reported that their sale price either exceeded or met their price expectations.

Palatine stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Palatine over the last 12 months.

Local market activity for 2 bedroom townhouses in Palatine

In the last 12 months, 45 two-bedroom townhouses similar to 1040 N Knollwood Dr, have been sold.

This represents a 38% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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