$230,000

500 N Wilke Road #206, Palatine, IL 60074

Active
2 beds 2 baths 1,000 sqft (assessor) Built 1970 Residential MLS #MRD12752896 1 days on market
Listing courtesy of Gates and Gables Realty · 847-847-4200 · katiembak@gmail.com · MLS #MRD12752896 · Status: Active
Welcome home to this spacious and move-in-ready 2-bedroom, 2-bath condo in a convenient Palatine location! This desirable second-floor unit offers a bright, comfortable layout with laminate flooring throughout. The kitchen features stainless steel appliances, granite countertops, and plenty of cabinet space, opening to the dining area for easy everyday living and entertaining. The generous living room provides plenty of room to relax and features its own wall-unit air conditioner. The primary bedroom includes a large closet, wall-unit air conditioning, and a private en-suite bath with shower. The second bedroom is also generously sized with its own wall-unit air conditioner. Additional conveniences include a stackable washer and dryer and excellent closet space. Monthly association dues include heat, water, gas, and access to the community pool and exercise facility. Conveniently located near Route 53 with easy access to shopping, dining, schools, and everyday amenities. A wonderful opportunity to own a spacious 2-bedroom, 2-bath condo in Palatine-schedule your showing today!

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Dryer
Basement
None
Additional rooms
No additional rooms
Total rooms
5

Building & exterior

Age
51-60 Years
Stories
2
Entry level
2
Exterior
Brick

Parking

Total spaces
2
Parking details
Asphalt, Yes

Lot & location

Lot dimensions
common
Township
Palatine
County
Cook

Utilities

Heating
Baseboard
Cooling
Wall Unit(s)
Water
Lake Michigan
Sewer
Public Sewer

HOA & community

Assessment
$487 / monthly
Assessment includes
Heat, Water, Gas, Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Pets
Cats OK, Dogs OK

Schools

Elementary
(15)
Junior high
(15)
High school
(211)

Taxes & terms

Annual taxes
$3,104 (2024)
Parcel number (PIN)
02132020051108
PIN
02132020051108
Ownership
Condo
Possession
Closing, Immediate, Lease Out Stand
Special conditions
None
Listed
9/9/2026

Rooms

RoomSizeLevelFlooring
Bedroom 211X15Main
Bedroom 3N/A
Bedroom 4N/A
Dining Room12X14Main
Family RoomN/A
Kitchen10X8Main
LaundryN/A
Living Room16X14Main
Master Bedroom13X15Main

What would this home cost per month?

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

Recently sold nearby

AddressBeds / BathsSoldPrice
500 N Wilke Road #105 1 bd / 1 ba May 2026 $192,000
1501 E Churchill Drive #105 1 bd / 1 ba Feb 2026 $185,000
1546 E Lake Louise Drive 4 bd / 3 ba May 2026 $499,000
1610 W Lexington Drive 3 bd / 2 ba Aug 2026 $501,000

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

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2 bd · 2 ba · 1,000 sqft
1515 E Churchill Drive #102, Palatine, IL 60074
$239,900
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910 W Alleghany Drive #2B, Arlington Heights, IL 60004
$209,000
2 bd · 2 ba · 1,150 sqft
2000 Bayside Drive #110, Palatine, IL 60074
Want to see this home?

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

Based on information submitted to the MLS GRID as of 2026-09-09 23:59:03. 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.

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