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43 South Cedar Street

Palatine IL 60067

5
3
2
3700 sq. ft.
0.91 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3700 sq. ft. floor area
0.91 ac. lot size
Single-Family

Property history for 43 South Cedar Street

2023
Sold
$325,000
18 Aug 2023 by Mitchell Gabel, of @properties Christie's International Real Estate

Happy sellers in Palatine

85%
85% 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 4 reviews in Palatine over the last 12 months.

Local market activity for 5 bedroom single-family properties in Palatine

In the last 12 months, 38 five-bedroom single-family properties similar to 43 South Cedar Street, have been sold.

This represents a 26% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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