$425,000

478 W Shady Lane Road, Palatine, IL 60074

Active
2 beds 2.5 baths 1,521 sqft (assessor) Built 1956 Residential MLS #MRD12730583 7 days on market
Listing courtesy of Legacy Properties, A Sarah Leonard Company, LLC · 224-999-9100 · MLS #MRD12730583 · Status: Active
Welcome home to 478 W Shady Lane Rd, a fantastic updated sprawling ranch with a wide-open floor plan, perfectly situated on a prime corner lot in the desirable Barrington Woods neighborhood! Set on over a quarter acre directly across from Deer Park shopping, this beautifully maintained home offers easy one-story living at its finest, an incredible location, a finished basement, oversized 2.5-car attached garage, and fantastic fenced backyard-all just minutes from Route 53, downtown Palatine, and the Metra station. Step inside to a bright and inviting living space highlighted by a truly unique arched, raised-hearth wood-burning fireplace that adds warmth, character, and a striking focal point to the room. The spacious dining area is flooded with natural light from the oversized front windows and features beautiful hardwood flooring with plenty of room for everyday meals, entertaining, and holiday gatherings. The kitchen offers abundant cabinetry and counter space, stainless steel appliances, room for a table, and a convenient pass-through overlooking the living room, creating an open and connected feel while still maintaining defined living spaces. The bedrooms feature hardwood flooring and dedicated closet space, including the primary bedroom with its own private ensuite bath. A second full bath serves the rest of the main level, while a wheelchair ramp at the front entrance provides additional accessibility and convenience. Need more room? Head downstairs to the finished basement, where a huge carpeted recreation area offers incredible flexibility for a family room, home theater, game room, home gym, office, or entertaining space. A convenient half bath adds even more functionality, while the unfinished portion provides laundry and plenty of additional storage. Looking for a third bedroom? The versatile floor plan also offers excellent potential to reconfigure space on the main level or utilize a portion of the basement to create an additional bedroom to fit your needs. Outside, the large fenced backyard offers a wonderful combination of mature trees, green space, and privacy with plenty of room to entertain, garden, play, or let the dogs run. Relax on the patio and enjoy a yard that feels surprisingly spacious for such a convenient Palatine location. An extended driveway and oversized 2.5-car attached garage provide plenty of parking along with additional room for bikes, tools, hobbies, and storage. With its prime Barrington Woods location, oversized corner lot, finished basement, hardwood floors, one-of-a-kind fireplace, fenced backyard, and exceptional access to shopping, dining, recreation, Route 53, downtown Palatine, and the Metra-478 W Shady Lane Rd offers the space, flexibility, location, and one-level lifestyle you've been looking for!

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Interior features
Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
Flooring
Hardwood
Fireplaces
1
Fireplace details
Wood Burning
Basement
Finished, Full
Additional rooms
Recreation Room, Other Room
Total rooms
6

Building & exterior

Style
Ranch
Age
61-70 Years
Exterior
Vinyl Siding
Roof
Asphalt
Foundation
Concrete Perimeter
Windows
Screens, All
Patio & porch
Patio
Exposure
South

Parking

Garage spaces
2
Total spaces
2
Parking details
Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
11718
Lot description
Corner Lot
Township
Palatine
County
Cook

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Electricity
Circuit Breakers
Equipment
CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;

HOA & community

Assessment includes
None
Community features
Curbs, Street Lights, Street Paved

Schools

Elementary
Lincoln Elementary School (15)
Junior high
Walter R Sundling Middle School (15)
High school
Palatine High School (211)

Taxes & terms

Annual taxes
$8,416 (2024)
Parcel number (PIN)
02031040680000
PIN
02031040680000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/19/2026

Rooms

RoomSizeLevelFlooring
Recreation Room22X19BasementCarpet
Other Room10X9BasementCarpet
Bedroom 212X8MainHardwood
Bedroom 3N/A
Bedroom 4N/A
Dining Room19X12MainHardwood
Family RoomN/A
Kitchen12X12MainVinyl
LaundryN/A
Living Room24X20MainCeramic Tile
Master Bedroom15X13MainHardwood

What would this home cost per month?

Using this listing's actual tax bill (2024) — 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.

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