43 S Cedar Street, Palatine, IL 60067
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: aleksandr tokmazeyskiy
Office: exp realty
MLS#:12674837
Source:MLSNI
Price summary
- Price:$649,900
- Price per sq. ft.:$175.65
About this home
Rare Palatine Opportunity - Nearly an Acre with a Second Unit! This property is truly unique; the main house offers a spacious layout with its own large kitchen, bathroom, and living areas. Attached is an extended section featuring a separate kitchen and bathroom. Additionally, there's a second Unit that is licensed via Village of Palatine on-site ready to be rented out. You can live in the main house and rent a second house . Perfect for business or investment. Steps from vibrant downtown Palatine and served by highly rated schools, this exceptional property sits on nearly an acre lot with a fully independent, freestanding second unit. The main residence offers 3 bedrooms, full basement plus a dedicated office and approximately 2,800 sq ft of thoughtfully updated living space. The renovated kitchen shines with quartz countertops, stainless steel appliances, and generous cabinetry, while spacious bedrooms provide room to grow. An attached in-law addition provides a private bedroom and full bath - ideal for extended family or multigenerational living. Major updates throughout include new siding, new HVAC system, newer flooring, and an updated basement - truly move-in ready. The freestanding second unit - approximately 900 sq ft - is equally well-appointed with its own new HVAC system, new flooring, newer washer and dryer, and many additional updates. Total parking space is for at least 5 cars. A private garage and separate laundry make it completely self-sufficient. Live in one, rent the other - or maximize returns by leasing both. The possibilities are as expansive as the lot itself....
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Home facts
- Year built:1949
- Listing ID #:12674837
- Updated:June 29, 2026 at 12:28 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:9
- Dining Description:Combined With Living Room
- Basement Description:Finished, Full, Partially Finished
- Living area:3,700 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1949
- Building area:3,700 sq. ft.
- Lot area:0.91 Acres
- Levels:1 Story
Schools
- High school:Wm Fremd High School
- Middle school:Plum Grove Middle School
- Elementary school:Stuart R Paddock Elementary Scho
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$649,900
- Price per sq. ft.:$175.65
- Tax amount:$16,282 (2023)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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