Outstanding opportunity to own a unique and well-maintained property situated on a beautifully landscaped 1/2-acre lot surrounded by mature trees, offering exceptional privacy in a highly desirable Palatine location. Originally built as a single-family home and later rezoned for office use, this one-of-a-kind property offers incredible flexibility for a variety of future uses. Buyers seeking a distinctive residence may have the opportunity to convert the property back to single-family residential use, subject to approval by the Village of Palatine. Alternatively, the property may continue to serve as a professional office, making it an excellent option for owner-users, entrepreneurs, or those looking for a live/work opportunity (buyers should verify all zoning requirements and permitted uses with the Village). Inside, the flexible floor plan features two oversized rooms currently used as private offices, a central reception area that could easily become a spacious living room or dining area, and an additional room ideal for a bedroom, home office, nursery, or storage. The property also includes a full bathroom and a convenient kitchenette with refrigerator, cabinet storage, and space for a microwave and coffee station, providing an excellent starting point for future customization. Outside, you'll find a detached two-car garage, a dedicated parking area accommodating six or more vehicles, and a separate standalone building offering endless possibilities as a workshop, studio, home gym, guest space, hobby room, private office, or additional storage. Major mechanical updates have already been completed, including a newer furnace and hot water heater, both replaced within the past two years. Located just over one mile from the proposed future Chicago Bears stadium development in Arlington Heights, this property offers exceptional long-term investment potential in one of the northwest suburbs' most exciting growth corridors. Whether you're envisioning a charming custom residence, a unique live/work property, or a continued professional office, this versatile property offers an exceptional opportunity to bring your vision to life.
Single-familyProperty Type
1944Year Built
0.5 acresLot Size
$218Price/Sq.Ft.
2 garage spacesParking
Listed by Morgan Danuk• Legacy Properties, A Sarah Leonard Company, LLC
The purposes of planned development districts are as follows: To promote flexibility in the planning, design, and construction of development projects and to permit diversification in land uses and the location of structures, in accordance with an approved planned development that also protects adjacent land uses; To promote the effective use of land to facilitate a more economic arrangement of buildings, circulation systems, land uses and utilities; To preserve to the greatest extent possible the open space, landscape features and amenities and to utilize such features in a harmonious fashion; To combine and coordinate architectural styles, building forms and building relationships within the planned development; To insure a quality of design and construction, commensurate with other developments within the Village and; To provide developers reasonable assurance of approval before expenditure of complete design monies, while providing Village officials with assurance that the project will retain the character envisioned at the time of approval.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Palatine, IL • 60074
Average low and high temperatures (°F)
29
15
37
22
55
33
61
43
68
50
79
62
85
67
81
64
78
57
65
48
50
37
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Palatine. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 805 E Palatine Rd
$349,490
$11K under list price of $360K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $350K to $424K.