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.
$649,900
43 S Cedar St, Palatine, IL 60067
5beds
3,700sqft
Single Family Residence
Built in 1949
0.91 Acres Lot
$-- Zestimate®
$176/sqft
$-- HOA
What's special
Updated basementSpacious bedroomsDedicated officeLarge kitchenSeparate kitchenNearly an acre lotRenovated kitchen
- 2 days |
- 463 |
- 10 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Aleksandr Tokmazeyskiy (847)331-9828,
eXp Realty
Source: MRED as distributed by MLS GRID,MLS#: 12674837
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Office, Bedroom 5
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12X18
Bedroom 2
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 4
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13X9
Bedroom 5
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10X14
Family room
- Level: Main
- Area: 459 Square Feet
- Dimensions: 27X17
Kitchen
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15X11
Laundry
- Level: Basement
- Area: 110 Square Feet
- Dimensions: 11X10
Living room
- Level: Main
- Area: 390 Square Feet
- Dimensions: 15X26
Office
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11X8
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Basement: Finished,Partially Finished,Full
- Attic: Interior Stair
Interior area
- Total structure area: 0
- Total interior livable area: 3,700 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Yes, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 0.91 Acres
- Dimensions: 145 X 330
Details
- Parcel number: 02222010640000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Palatine
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $550,000
- Annual tax amount: $16,282
- Date on market: 6/11/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listed for sale | $649,900+100%$176/sqft |
Source: eXp Realty #12674837 Report a problem | ||
| 8/18/2023 | Sold | $325,000-7.1%$88/sqft |
Source: | ||
| 6/11/2023 | Listing removed | -- |
Source: | ||
| 5/15/2023 | Contingent | $349,900$95/sqft |
Source: | ||
| 5/3/2023 | Price change | $349,900-6.7%$95/sqft |
Source: | ||
| 3/27/2023 | Price change | $374,900-6%$101/sqft |
Source: | ||
| 2/24/2023 | Listed for sale | $399,000-18.4%$108/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/24/2011 | Listing removed | $489,000+22.3%$132/sqft |
Source: Owner Report a problem | ||
| 10/27/2008 | Sold | $400,000-18.2%$108/sqft |
Source: Public Record Report a problem | ||
| 6/24/2008 | Listed for sale | $489,000$132/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $55,000 +0% |
| 2023 | $16,282 +3.4% | $54,999 |
| 2022 | $15,752 +27.3% | $54,999 +44.4% |
| 2021 | $12,374 +1.5% | $38,100 |
| 2020 | $12,189 +0.2% | $38,100 -10.2% |
| 2019 | $12,168 -5.5% | $42,429 +2.4% |
| 2018 | $12,880 +1.9% | $41,446 |
| 2017 | $12,637 +7.5% | $41,446 |
| 2016 | $11,752 +7.2% | $41,446 +16.1% |
| 2015 | $10,966 +1.2% | $35,692 |
| 2014 | $10,833 +2.6% | $35,692 |
| 2013 | $10,556 -1.6% | $35,692 -10.8% |
| 2012 | $10,724 +6% | $39,999 |
| 2010 | $10,119 -8.6% | $39,999 -24.9% |
| 2008 | $11,067 +2% | $53,278 |
| 2007 | $10,846 +43.6% | $53,278 +54.5% |
| 2006 | $7,554 +30.8% | $34,485 |
| 2005 | $5,773 +5.8% | $34,485 |
| 2004 | $5,456 +0.2% | $34,485 +25.6% |
| 2003 | $5,444 +9.9% | $27,455 +39.7% |
| 2001 | $4,954 +1.6% | $19,651 -21.4% |
| 2000 | $4,878 | $25,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 60067
Nearby schools
GreatSchools rating
- 9/10Stuart R Paddock SchoolGrades: PK-5Distance: 0.2 mi
- 8/10Plum Grove Jr High SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Wm Fremd High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Stuart R Paddock Elementary Scho
- Middle: Plum Grove Middle School
- High: Wm Fremd High School
- District: 15
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Cook County
- Palatine
- 60067
- 43 S Cedar St







