502 North Smith, Palatine IL 60067
$375,000

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Property Description

Renovated and meticulously maintained ranch home near Downtown Palatine! This home features wide-plank siding freshly painted in 2025 and other expansive renovations including mostly new electrical and mostly new plumbing (2022), new roof and HVAC (2023), basement drain tile (2024), perimeter drainage channel and sealed foundation (2023), and an extended sump pump discharge line routed more than 40 feet from the home underground (2024), new gutters and downspouts (2025), new asphalt driveway (2024, improved from dirt driveway) driveway sealed in 2025, new concrete walkway (2025), and newly built front and back porches (2025). The backyard was professionally regraded and landscaped in 2024 with select tree removal and trimming. A new concrete slab (2024) offers flexible space for a tiny home, RV, boat, shed, or greenhouse. Interior highlights include real hardwood floors in the living room and two bedrooms, tile in the kitchen and bath, granite countertops, white shaker cabinets, and stainless steel appliances. Owner acquired 3 verbal estimates for a 2 bedroom 1 bathroom addition on the south side of the home or as a second story addition, the quotes ranged from $100,000-$125,000. Zero lot new construction homes are selling in the same area for $700,000 plus! The tiny home in the backyard will be removed prior to closing unless included in a separate negotiated bill of sale. Seller is a licensed IL Real Estate Managing Broker and licensed Community Association Manager.

Features & Information

Key Details

  • List Price $375,000
  • Property Taxes $5,841.26
  • Square Feet 823
  • Price/ Sq. Ft. $455.65
  • Year Built 1956
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 4
  • Basement P
  • Master Bedroom

  • Master Bath N
  • Room Size 10X11
  • Bedroom 2

  • Room Size 10X11
  • Floor Level Main Level
  • Flooring Hardwood
  • Living Room

  • Room Size 14X15
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 8X14
  • Floor Level Main Level
  • Flooring Ceramic Tile
  • Basement

  • Basement Description Cellar
  • Bathroom(s) in Basement N

Interior Features

  • Heating & Cooling

  • Heating Type Gas
  • Air Conditioning Central Air

Exterior Features

  • Building Information

  • Age of Building 61-70 Years
  • Exterior Construction Aluminum Siding
  • Foundation Block
  • Parking

  • Parking Garage
  • # of Cars 2

Location

  • County Cook
  • Township Palatine
  • Corporate Limits Palatine
  • Directions to Property Northwest Hwy, South On Smith To Property
  • Schools

  • Elementary School District 15
  • School Name Gray M Sanborn Elementary
  • Junior High District 15
  • School Name Carl Sandburg Middle Scho
  • High School District: 211
  • School Name Palatine High School
  • Property Taxes

  • Tax 5841.26
  • Tax Year 2024
  • Tax Exemptions Homeowner
  • Parcel Identification Number 02152060170000
  • Lot Information

  • Dimensions 60X185
  • Acreage 0.2548

Utilities

  • Sewer Sewer-Publ

Listed by: Compass | Phone: 773.466.7150
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/27/2026 7:02 AM. 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.

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