$350,000

141 N cedar Street, Palatine, IL 60067

Active Under Contract
3 beds 1 baths 1,644 sqft (plans) Built 1930 Residential MLS #MRD12736842 6 days on market
Listing courtesy of Real Broker LLC · 217-960-8605 · MLS #MRD12736842 · Status: Active Under Contract
Rare opportunity to own a charming, character-filled home in the heart of downtown Palatine. Unlike today's cookie-cutter homes, this property offers timeless architectural details, high ceilings, crown molding, and a unique personality that is increasingly hard to find. The spacious family room overlooks an exceptionally large backyard, creating the perfect balance of urban convenience and suburban outdoor living. Whether you envision summer gatherings, gardening, a play area, future expansion, or adding additional garage space, the oversized lot provides endless possibilities. The oversized garage offers excellent storage, workshop space, or room for hobbyists and outdoor enthusiasts. Thoughtfully maintained and updated, this home features new plumbing and electrical (2026), some newer windows (2022) with a transferable 20-year warranty, a new water heater (2024), and a roof approximately 10 years old. Boiler has been maintenance and repaired, insulation added in attic. The basement was professionally waterproofed by US Waterproofing in 2021 and includes a transferable warranty for added peace of mind. A new clean-out has also been installed. Most of the interior has been freshly painted within the last two years, and the kitchen cabinets have been professionally refinished, blending modern style with the home's original charm. Enjoy one of Palatine's most desirable lifestyles with easy access to downtown restaurants, coffee shops, entertainment, parks, and the Metra station, making commuting to Chicago simple and convenient. Whether you're searching for a move-in-ready home, a property with room to grow, or a walkable downtown location with character and modern updates, this home checks all the boxes. A truly special property offering historic charm, valuable updates, a generous lot, and an unbeatable downtown Palatine location.

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
Interior features
1st Floor Bedroom, 1st Floor Full Bath
Flooring
Hardwood
Fireplaces
1
Fireplace details
Wood Burning Stove
Basement
Unfinished, Full
Additional rooms
Office
Total rooms
7

Building & exterior

Style
Bungalow
Age
91-100 Years
Exterior
Vinyl Siding, Brick, Asbestos
Exterior features
Fire Pit
Roof
Asphalt
Foundation
Block
Exposure
West

Parking

Garage spaces
1
Total spaces
1
Parking details
Asphalt, Yes, Garage Owned, Detached, Garage

Lot & location

Lot dimensions
60X129
Lot description
Wooded
Township
Palatine
County
Cook

Utilities

Heating
Natural Gas, Steam
Cooling
Wall Unit(s)
Water
Public
Sewer
Public Sewer
Electricity
Fuses
Equipment
CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas

HOA & community

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

Schools

Elementary
Stuart R Paddock Elementary Scho (15)
Junior high
Plum Grove Middle School (15)
High school
Wm Fremd High School (211)

Taxes & terms

Annual taxes
$9,002 (2024)
Parcel number (PIN)
02154110670000
PIN
02154110670000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/19/2026

Rooms

RoomSizeLevelFlooring
Office8X9MainHardwood
Bedroom 210X17SecondCarpet
Bedroom 311X17SecondCarpet
Bedroom 4N/A
Dining Room11X13MainHardwood
Family RoomN/A
Kitchen10X13MainHardwood
Laundry13X26Lower
Living Room21X16MainCarpet
Master Bedroom12X21MainCarpet

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.

Similar homes nearby

$250,000
1 bd · 1.5 ba · 1,025 sqft
410 W Mahogany Court #205, Palatine, IL 60067
$275,000
1 bd · 1 ba
235 N Smith Street #301, Palatine, IL 60067
$399,900
3 bd · 2 ba · 2,112 sqft
247 N BROCKWAY Street, Palatine, IL 60067
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