$485,000

722 N Stephen Drive, Palatine, IL 60067

Active
3 beds (4 possible) 2.5 baths 1,054 sqft (estimated) Built 1960 Residential MLS #MRD12750264 13 days on market
Listing courtesy of Core Realty & Investments, Inc · 224-235-4336 · MLS #MRD12750264 · Status: Active
Beautiful all-brick ranch offering a thoughtfully updated interior, a full finished basement, and a spacious professionally landscaped backyard. The main level features three bedrooms, a modern kitchen with newer appliances and light fixtures, and a beautifully updated full bathroom. The finished basement provides excellent additional living space with a large fourth bedroom, a modern full bathroom, recreation area, spacious laundry room, walk-in closet, and abundant storage. Both bathrooms feature upgraded finishes, including towel warmers, while additional features include a full-body spray shower and heated bathroom flooring. Extensive improvements completed between 2020 and 2023 include a new roof with reinforced 1-inch plywood decking, energy-efficient HVAC system, tankless gas water heater, updated whole-house plumbing, replaced PVC sewer line, new Low-E UV-protection windows, insulated garage door, two exterior doors, and washer and dryer. A multilayer drainage system approximately 4 feet deep was also installed around the home and connected to the village sewer system. The professionally landscaped backyard features a variety of perennial plantings, a large stone patio completed in 2023, and a 6' x 8' storage shed. Conveniently located near the Metra station, shopping, schools, and other everyday amenities. A well-maintained home offering extensive updates, generous storage, and flexible living space both inside and out.
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Property details

Interior

Appliances
Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
Fireplaces
0
Basement
Finished, Full
Additional rooms
No additional rooms
Total rooms
7

Building & exterior

Style
Ranch
Age
61-70 Years
Exterior
Brick
Roof
Asphalt
Foundation
Concrete Perimeter
Patio & porch
Patio

Parking

Garage spaces
1
Total spaces
1
Parking details
Concrete, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
45X133
Township
Palatine
County
Cook

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Lake Michigan, Public
Sewer
Public Sewer
Equipment
TV-Cable

HOA & community

Assessment includes
None
Community features
Curbs, Street Paved

Schools

Elementary
Gray M Sanborn Elementary School (15)
Junior high
Walter R Sundling Middle School (15)
High school
Palatine High School (211)

Taxes & terms

Annual taxes
$6,475 (2025)
Parcel number (PIN)
02151030060000
PIN
02151030060000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
9/3/2026

Rooms

RoomSizeLevelFlooring
Bedroom 211X10MainHardwood
Bedroom 310X10MainHardwood
Bedroom 411X17BasementLaminate
Dining RoomN/AHardwood
Family Room25X16BasementLaminate
Kitchen13X17MainCeramic Tile
LaundryN/A
Living Room20X13MainHardwood
Master Bedroom12X11MainHardwood

What would this home cost per month?

Using this listing's actual tax bill (2025) — 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.

Location

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Recently sold nearby

AddressBeds / BathsSoldPrice
696 N Stephen Drive 3 bd / 2.5 ba Oct 2025 $370,000
638 N Stephen Drive 3 bd / 2.5 ba Feb 2026 $440,638
775 N Regis Court 3 bd / 2.5 ba Oct 2025 $386,000
783 N Regis Court 3 bd / 2.5 ba Mar 2026 $430,000

Sold data courtesy of MRED as distributed by MLS GRID; properties may be listed or sold by various participants in the MLS.

Similar homes nearby

$450,000
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2 bd · 2.5 ba · 1,790 sqft
620 N CHARTER HALL Drive, Palatine, IL 60067
$425,000
3 bd · 2.5 ba · 1,850 sqft
879 N Auburn Woods Drive, Palatine, IL 60067
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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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