One Renaissance Place 1 Renaissance Place Unit 1016 Palatine, IL 60067
Reseda Neighborhood
1
Bed
1
Bath
730
Sq Ft
$501/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Community Pool
- Palatine High School Rated A
- Lock-and-Leave Community
- Party Room
About This Home
As of March 2025Stunning 1 Bedroom Condo with Breathtaking Views at 1 Renaissance Place Located on the 10th floor, this beautifully remodeled 1-bedroom, 1-bath condo offers an exceptional living experience. Fully renovated in 2023, this modern unit features an open-concept floor plan that's perfect for both relaxing and entertaining. The kitchen is a showstopper with a sleek island featuring a stove and hood, allowing you to prepare meals while enjoying uninterrupted views and socializing with guests. The spacious bedroom comfortably accommodates a king-size bed, creating a peaceful retreat, while the fully updated bathroom boasts luxurious tile finishes that create a spa-like atmosphere. The home is equipped with stainless steel appliances throughout, ensuring both style and functionality. The HOA provides access to a workout facility and a private pool, ideal for relaxing on summer days. Whether you're an investor or looking for a turnkey residence, this condo is a rare find with stunning views and modern touches that offer the ultimate in comfort and convenience. Don't miss out on this one-of-a-kind property!
Last Agent to Sell the Property
RE/MAX At Home License #475206833 Listed on: 03/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,853
HOA Fees
- $501 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 730 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Uncovered Parking
- Visitor Parking
- Parking Included in Price
- Unassigned Parking
Schools
- Lincoln Elementary School
- Palatine High School
Utilities
- Heating Available
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, doorman, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 285 Units
- 1 Renaissance Place Homeowners Association, Phone Number (630) 588-9500
- High-Rise Condominium
- Property managed by Red Brick Property Management
- Lock-and-Leave Community
- 14-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Party Room
- Coin Laundry
- Elevator
- Package Room
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2025
Closed on
Mar 20, 2025
Sold by
Trust Number 8002382650 and Chicago Title Land Trust Company
Bought by
Kloman Gail
Seller's Agent
Carlos Lopez Sr.
RE/MAX At Home
Buyer's Agent
Kim Alden
Compass
List Price
$159,900
Sold Price
$172,500
Premium/Discount to List
$12,600
7.88%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,977
Avg. Annual Appreciation
-5.40%
Purchase Details
Closed on
Jan 22, 2020
Sold by
Zehner Erik
Bought by
Chicago Title Land Trust Company and Trust Number 8002382650
Purchase Details
Listed on
May 3, 2019
Closed on
Oct 25, 2019
Sold by
Grauke Erich
Bought by
Zehner Erik
Seller's Agent
Matt Grander
Keller Williams Infinity
Buyer's Agent
Sabrina Costa
Keller Williams Success Realty
List Price
$88,900
Sold Price
$84,000
Premium/Discount to List
-$4,900
-5.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Original Mortgage
$75,600
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2003
Sold by
Zion Nancy K
Bought by
Grauke Erich
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,312
Interest Rate
6.1%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 29, 2000
Sold by
Walling Shawn A
Bought by
Zion Nancy K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,340
Interest Rate
7.99%
Purchase Details
Closed on
Jun 8, 1999
Sold by
Bank Of Waukegan
Bought by
Walling Shawn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
7.61%
Purchase Details
Closed on
Sep 17, 1998
Sold by
Hossain Mohammed S
Bought by
Sargis Scott O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,700
Interest Rate
6.98%
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $172,500 | Chicago Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $84,000 | Old Republic National Title | |
| Warranty Deed | $129,000 | Golden Title | |
| Warranty Deed | $77,200 | -- | |
| Deed | $60,000 | Professional National Title | |
| Warranty Deed | $61,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,600 | New Conventional | |
| Previous Owner | $102,885 | New Conventional | |
| Previous Owner | $122,312 | Unknown | |
| Previous Owner | $104,000 | Unknown | |
| Previous Owner | $84,000 | Unknown | |
| Previous Owner | $84,600 | Unknown | |
| Previous Owner | $73,340 | No Value Available | |
| Previous Owner | $56,700 | No Value Available | |
| Previous Owner | $60,700 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | $172,500 | +7.9% | $236 / Sq Ft |
| 03/08/2025 03/08/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | For Sale | $159,900 | +90.4% | $219 / Sq Ft |
| 10/25/2019 10/25/19 | Sold | $84,000 | -5.5% | $115 / Sq Ft |
| 09/25/2019 09/25/19 | Pending | -- | -- | -- |
| 05/03/2019 05/03/19 | For Sale | $88,900 | -- | $122 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,853 | $9,576 | $790 | $8,786 |
| 2023 | $1,763 | $9,576 | $790 | $8,786 |
| 2022 | $1,763 | $9,576 | $790 | $8,786 |
| 2021 | $999 | $6,407 | $493 | $5,914 |
| 2020 | $1,057 | $6,407 | $493 | $5,914 |
| 2019 | $1,069 | $7,158 | $493 | $6,665 |
| 2018 | $1,013 | $6,695 | $444 | $6,251 |
| 2017 | $1,012 | $6,695 | $444 | $6,251 |
| 2016 | $1,190 | $6,695 | $444 | $6,251 |
| 2015 | $842 | $5,365 | $394 | $4,971 |
| 2014 | $849 | $5,365 | $394 | $4,971 |
| 2013 | $809 | $5,365 | $394 | $4,971 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Lopez Sr.
Seller's Agent in 2025
Carlos Lopez Sr.
RE/MAX
1 in this area
6 Total Sales
-
Kim Alden
Buyer's Agent in 2025
Kim Alden
Compass
(847) 254-5757
4 in this area
1,505 Total Sales
-
Matt Grander
Seller's Agent in 2019
Matt Grander
Keller Williams Infinity
(630) 470-3800
186 Total Sales
-
Sabrina Costa
Buyer's Agent in 2019
Sabrina Costa
Keller Williams Success Realty
(847) 977-6404
31 Total Sales
About One Renaissance Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12303809
APN: 02-14-100-090-1220
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