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  • $380,000

    55 S Elmwood Ave, Palatine, IL 60074

    2beds
    1,000sqft
    Single Family Residence
    Built in 1948
    0.27 Acres Lot
    $380,200 Zestimate®
    $380/sqft
    $2,465 Estimated rent

    What's special

    Welcome to this light-filled ranch nestled on a tree-lined street in sought-after Palanois Park. This home offers a well-designed floor plan that's perfect for everyday living and entertaining. The spacious family room features a cozy gas fireplace and flows into the updated kitchen, complete with a dining area. You'll also enjoy the sun-drenched living room ideal for relaxing or hosting guests. The full bath has been updated, and there's new flooring throughout the main level. The unfinished basement includes space for relaxing, working out and doing laundry as well as extra storage and a convenient shower. Recent updates include the kitchen (2022), full bathroom (2024), washer and dryer (2025), A/C (2022), water heater (2022), water filter system (2023), fence (2022) and deck (2023). Situated on a generous corner lot, the home boasts a two-car garage, a large fenced backyard, and a newer deck-ideal for outdoor entertaining. Fantastic location! Close to schools, parks, shopping, dining, Route 53, the Metra, and all the amenities of downtown Palatine. Plus, you're only 5 minutes from the site of the proposed Chicago Bears Stadium!

    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2025 at 01:41am

    Listing courtesy of:

    Barb Schroeder 847-208-5514,

    @properties Christie's International Real Estate

    Bought with:

    Kimberly Strom

    Berkshire Hathaway HomeServices American Heritage

    Source: MRED as distributed by MLS GRID,MLS#: 12380123MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Flooring (Other), Window Treatments (Blinds)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Bedroom 2
    • Features: Flooring (Other)
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Family room
    • Features: Flooring (Other), Window Treatments (Blinds)
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15X13
    Kitchen
    • Features: Flooring (Other)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Laundry
    • Level: Basement
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Living room
    • Features: Flooring (Other), Window Treatments (Blinds)
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17X11
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
    Features
    • Basement: Unfinished,Full
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Gas Starter, Family Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    Lot
    • Size: 0.27 Acres
    • Dimensions: 62 X 191
    Details
    • Parcel number: 02232040130000
    • Special conditions: None
    • Other equipment: TV-Cable, Ceiling Fan(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Palatine
    • Subdivision: Palanois Park

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $380,200
    2% more+ $7,604
    With Zillow Showcase(estimated)
    $387,804