RENTED AUG 28, 2025

218 E Parallel St Unit 5A Palatine, IL 60067

Downtown Palatine Neighborhood

Estimated Value: $361,000 - $388,000

3 Beds
3.5 Baths
-- Sq Ft
1993 Built

Sale Details

Date Sold: October 30, 2020

Last sale price $257,500

Est. 44% increase in value since last sale

Current estimated payment $2,624 / mo

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Formal Dining Room
  • Palatine High School Rated A
  • Main Floor Bedroom
  • Stainless Steel Appliances

About This Home

As of August 2025

Bright and gorgeous 3 Bedroom, 3 Bath End unit with best location in subdivision! Available for Rent from September 1, 2025. Close to everywhere; Metra Train station, 53 , shopping and Woodfield Mall with 2 Master suites, both with vaulted ceilings, walk-in closets and full baths (one rehabbed in 2017). Main first floor Bed room can also be used as a family room or as study or family room and includes a full bath. Open concept kitchen with an island and all newer stainless steel appliances. Newer HVAC with humidifier, windows, skylight, California closets and workbench all 2015 . Enjoy deck stained 2019, paver patio new in 2017, and 2 car garage. Close to train & downtown Palatine. Kitchen cabinets will be painted; The walls will be touched up; cleaning will be done. All these work will be completed before occupancy of the tenant.

Last Agent to Rent the Property

Vaseekaran Janarthanam

RE/MAX Plaza License #475144694 Listed on: 06/24/2025

RE/MAX Plaza

Last Renter's Agent

David Lempa

RE/MAX Suburban License #471009957

RE/MAX Suburban

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Patio

Schools

  • Gray M Sanborn Elementary School
  • Walter R Sundling Middle School
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Property Available on 9/1/25
  • Rent includes lawn care, snow removal

Community Details

Overview

  • 3 Units
  • Association Phone (847) 490-3833
  • Maple Grove Subdivision
  • Property managed by Associates of Chicago

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • Available Date: 2025-09-01
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Rental Price: 2650
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • EntryLevel: 1
  • Property Attached: Yes
  • Subdivision Name: Maple Grove
  • Year Built: 1993
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Rented
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Basement: Finished, Full, Daylight
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom
  • Other Equipment: TV-Cable, Security System, Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 2
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Rent Includes: Lawn Care, Snow Removal
  • Management Company: Associates of Chicago
  • Management Contact Name: n/a
  • Management Phone: 847-490-3833

Schools

  • Elementary School: Gray M Sanborn Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Middle School

Lot Info

  • Lot Dimensions: 1474

Multi Family

  • Units in Building: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 15, 2020
Sold by
Bought by
Seller's Agent
Michael Pittman
Compass
Buyer's Agent
Dipali Patel
HomeSmart Realty Group
List Price
$260,000
Sold Price
$257,500
Premium/Discount to List
-$2,500
-0.96%
Current Estimated Value
$371,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,860
Avg. Annual Appreciation
6.66%
Original Mortgage
$206,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$257,500 Fidelity National Title
$232,000 Proper Title Llc
$157,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $206,000
Previous Owner $185,600
Previous Owner $149,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2025 08/28/25 Rented $2,650 0.0% --
07/25/2025 07/25/25 Price Changed $2,650 -5.4% --
06/24/2025 06/24/25 For Rent $2,800 0.0% --
10/30/2020 10/30/20 Sold $257,500 -1.0% -- View Prior Sale
08/30/2020 08/30/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $260,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,555 $35,000 $3,832 $31,168
2024 $7,555 $25,521 $4,000 $21,521
2023 $7,309 $25,521 $4,000 $21,521
2022 $7,309 $25,521 $4,000 $21,521
2021 $6,819 $20,995 $1,474 $19,521
2020 $5,724 $20,995 $1,474 $19,521
2019 $5,722 $23,380 $1,474 $21,906
2018 $5,487 $21,093 $1,326 $19,767
2017 $5,402 $21,093 $1,326 $19,767
2016 $5,273 $21,093 $1,326 $19,767
2015 $5,285 $17,200 $1,216 $15,984
2014 $4,441 $17,200 $1,216 $15,984
2013 $4,309 $17,200 $1,216 $15,984
Source: Public Records

Agents Affiliated with this Home

  • David Lempa

    Tenant's Agent in 2025

    David Lempa

    RE/MAX Suburban

    (847) 533-1918

    136 Total Sales

    David Lempa
    Section Image

  • M

    Seller's Agent in 2020

    Michael Pittman

    Compass

    Section Image
  • Dipali Patel

    Buyer's Agent in 2020

    Dipali Patel

    HomeSmart Realty Group

    (815) 600-0415

    109 Total Sales

    Dipali Patel
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12402665

Midwest Real Estate Data (MRED)

APN: 02-23-101-139-0000

Illinois Cook County Palatine 60067 Downtown Palatine

218 E Parallel St Unit 5A, Palatine, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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