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43 S Cedar Street Palatine, IL 60067 Residential - Single Family New

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Description

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.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 3,700
Garage Size: 2
Built in 1949
Elementary School: Stuart R Paddock Elementary Scho
High School: Wm Fremd High School
Middle School: Plum Grove Middle School

General Information

Bedrooms: 5
Bathrooms: 3
Sqft: 3,700
County: Cook
High School: Wm Fremd High School
Listed By:
eXp Realty 888-574-9405
MRED MLS

Room Information

Office: 11X8
Bedroom 5: 10X14
Bedroom 2: 13X11
Bedroom 3: 12X10
Bedroom 4: 13X9
Family Room: 27X17
Kitchen: 15X11
Laundry: 11X10
Living Room: 15X26
Primary Bedroom: 12X18
$649,900
Est. $4,380/mo
5beds
3baths
3,700sqft
2cars
New to the Market New
BEDS5 BATHS3 full SQUARE FEET3,700 MLS#12716589
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 211

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43 S Cedar Street , Palatine, IL 60067.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $649,900$649,900$649,900
Down Payment $129,980$22,747$162,475
Monthly Mortgage Amount $3,286$3,981$4,080
Taxes $904$904$904
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$286$0
Monthly Estimated Total $4,380$5,361$5,174

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