235 S Cedar St Palatine, IL 60067
Downtown Palatine Neighborhood
5
Beds
2
Baths
1,259
Sq Ft
9,365
Sq Ft Lot
Highlights
- Deck
- Family Room with Fireplace
- Sun or Florida Room
- Plum Grove Jr High School Rated A-
- Wood Flooring
- Laundry Room
About This Home
As of August 2025Bright, spacious, and full of character, this beautifully updated home is just a short walk to downtown Palatine's vibrant restaurants, shops, and the Metra. Lovingly maintained by long-time owners, it's ready for you to make it your own. Inside, the sunlit living area flows naturally into the dining room and a custom cherry kitchen, thoughtfully designed with soft-close drawers, deep storage, and plenty of space to cook, gather, and connect. Step out from here to the large deck - perfect for grilling and enjoying the outdoors. A wood-burning fireplace anchors the living room, adding a cozy, welcoming touch. The bedrooms are generously sized and offer plenty of room to relax. The walkout basement extends your living space with a cozy family room, a second wood-burning fireplace, and a bright three-season room overlooking the private backyard - an ideal spot to unwind or entertain. You'll also find two additional bedrooms downstairs, plus a large storage room to keep everything organized. A long, wide driveway provides ample parking and adds to the home's convenience and charm. Out back, the lush, green yard feels like a private retreat, complete with a sauna and a fire pit area - a peaceful place to recharge and enjoy nature. Thoughtful updates include fresh paint (2024), sauna (2020), new decking (2019), kitchen remodel (2013), windows (2013), and a new furnace, humidifier, and A/C (2013). Fireplaces and chimney are being sold as is in working order. And the location truly brings it all together - walk to everything downtown Palatine has to offer, from dining and shopping to the convenience of the Metra. This home offers the perfect balance of comfort, space, and lifestyle.
Last Agent to Sell the Property
Coldwell Banker Realty License #475163703 Listed on: 07/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,836
Year Built
- Built in 1964
Lot Details
- 9,365 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Split Level Home
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,259 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Sun or Florida Room
- Wood Flooring
- Finished Basement Bathroom
- Laundry Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Outdoor Features
- Deck
Schools
- Stuart R Paddock Elementary Scho
- Plum Grove Middle School
- Wm Fremd High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2025
Closed on
Aug 8, 2025
Sold by
Revocable Trust Of Jill A May and Revocable Trust Of Philip E May
Bought by
Weber Joseph and Schwantz Ashlynne
Seller's Agent
Diana Matichyn
Coldwell Banker Realty
Buyer's Agent
Steven Cohen
@properties Christie's International Real Estate
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-70.77%
Original Mortgage
$384,000
Outstanding Balance
$384,000
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$51,024
Purchase Details
Closed on
Jan 31, 2019
Sold by
May Philip E and May Jill A
Bought by
May Jill A and The Revocable Trust Of Jill A May
Purchase Details
Closed on
Jul 14, 1999
Sold by
Schroeder Robert E and Schroeder Laura J
Bought by
May Philip E and May Jill A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.43%
Purchase Details
Closed on
Jan 11, 1995
Sold by
Lowecki John and Lowecki Virginia
Bought by
Schroeder Robert E and Lowecki Virginia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.2%
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 | $480,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $245,000 | Ticor Title | |
| Warranty Deed | $210,000 | Land Title Group Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $384,000 | New Conventional | |
| Previous Owner | $171,700 | New Conventional | |
| Previous Owner | $196,000 | No Value Available | |
| Previous Owner | $135,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $480,000 | +1.1% | $381 / Sq Ft |
| 07/12/2025 07/12/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | For Sale | $475,000 | -- | $377 / 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 | $6,836 | $26,407 | $5,616 | $20,791 |
| 2023 | $6,584 | $26,407 | $5,616 | $20,791 |
| 2022 | $6,584 | $26,407 | $5,616 | $20,791 |
| 2021 | $5,488 | $20,228 | $3,276 | $16,952 |
| 2020 | $5,479 | $20,228 | $3,276 | $16,952 |
| 2019 | $5,477 | $22,526 | $3,276 | $19,250 |
| 2018 | $5,805 | $22,116 | $3,042 | $19,074 |
| 2017 | $5,714 | $22,116 | $3,042 | $19,074 |
| 2016 | $6,240 | $24,504 | $3,042 | $21,462 |
| 2015 | $5,675 | $21,093 | $2,808 | $18,285 |
| 2014 | $5,973 | $22,249 | $2,808 | $19,441 |
| 2013 | $5,803 | $22,249 | $2,808 | $19,441 |
Source: Public Records
Agents Affiliated with this Home
-
Diana Matichyn
Seller's Agent in 2025
Diana Matichyn
Coldwell Banker Realty
(224) 500-6491
17 in this area
397 Total Sales
-
Steven Cohen
Buyer's Agent in 2025
Steven Cohen
@ Properties
(847) 732-8686
9 in this area
118 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12415376
APN: 02-22-214-032-0000
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