$389,000

1404 E Baronet Lane, Palatine, IL 60074

Active Under Contract
3 beds 2.5 baths 1,580 sqft (assessor) Built 1996 Residential MLS #MRD12722533 10 days on market
Listing courtesy of Baird & Warner · 773-775-1855 · edgebrook@bairdwarner.com · MLS #MRD12722533 · Status: Active Under Contract
Ideally positioned between vibrant downtown Arlington Heights and downtown Palatine, this two-story, 3-bedroom, 2.5-bathroom townhouse offers turn-key living with quick access to premier shopping, dining, and entertainment. Perfect for commuters, the home sits under a mile from the Arlington Park Metra station with immediate access to Route 53. Outdoor recreation is right nearby, with Twin Lakes, Lake Arlington, Virginia Terrace Park, and Salt Creek Park District just minutes away. Inside, the property features substantial mechanical and interior upgrades throughout. Major system improvements include a furnace, A/C unit, and smart thermostat added in 2021, alongside energy-efficient Feldco south-facing windows in two bedrooms installed in 2022. Both upper-level baths have been fully modernized, with a guest bath remodel in 2021 and a primary bath remodel in 2023. Fresh Luna carpeting was installed upstairs in 2023, while 2024 updates bring modern convenience with smart vaulted ceiling blinds, new ceiling fans, and a smart oven in the kitchen. Property is also hard wired for a projector and surround speakers. Desirable, low traffic location in the neighborhood!

Property details

Interior

Basement
None
Laundry
In Unit, Laundry Closet
Additional rooms
No additional rooms
Total rooms
6

Building & exterior

Age
26-30 Years
Stories
2
Entry level
1
Exterior
Vinyl Siding, Stone

Parking

Garage spaces
2
Total spaces
6
Parking details
Asphalt, Yes, Attached, Garage

Lot & location

Lot dimensions
integral
Township
Palatine
County
Cook

Utilities

Heating
Natural Gas, Electric
Cooling
Central Air
Water
Lake Michigan
Sewer
Public Sewer

HOA & community

Assessment
$239 / monthly
Assessment includes
Insurance, Exterior Maintenance, Lawn Care, Snow Removal
Pets
Cats OK, Dogs OK

Schools

Elementary
Jane Addams Elementary School (15)
Junior high
Winston Campus Middle School (15)
High school
Palatine High School (211)

Taxes & terms

Annual taxes
$6,327 (2023)
Parcel number (PIN)
02242030441102
PIN
02242030441102
Ownership
Condo
Possession
Closing, Immediate
Special conditions
None
Listed
8/3/2026

Rooms

RoomSizeLevelFlooring
Bedroom 211X10SecondCarpet
Bedroom 313X10SecondCarpet
Bedroom 4N/A
Dining Room9X6MainTile
Family RoomN/A
Kitchen9X12MainTile
Laundry8X7Second
Living Room21X18MainHardwood
Master Bedroom15X10SecondCarpet

What would this home cost per month?

Using this listing's actual tax bill (2023) and actual HOA assessment — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

Similar homes nearby

$369,000
2 bd · 2.5 ba · 1,404 sqft
340 S Jewel Court, Palatine, IL 60074
$369,000
2 bd · 2.5 ba · 1,700 sqft
1530 E CHIVALRY Court, Palatine, IL 60074
$420,000
3 bd · 2 ba · 1,753 sqft
410 S Wilke Road, Palatine, IL 60074
Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

Ask About This Home →

Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

Based on information submitted to the MLS GRID as of 2026-08-26 02:23:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use of this site's search and display of listing data is subject to our Terms of Use. Some listings have been excluded from this website.

Any use or search of data on this website, other than by a consumer looking to purchase real estate, is prohibited. © 2026 MRED. See our DMCA notice.

Call now Text Josh
Text Josh