$444,000
OPEN SAT 1PM - 3PM

248 W Fairview Way Unit 4 Palatine, IL 60067

Downtown Palatine Neighborhood

Estimated payment $3,462/month

2 Beds
3.5 Baths
2,800 Sq Ft
$159 Price per Sq Ft

Highlights

  • Waterfront
  • Loft
  • Skylights
  • Palatine High School Rated A
  • Balcony
  • Walk-In Closet

About This Home

Luxury townhome with pond views! Open floor plan with granite kitchen, 42" maple cabinets, stainless appliances, tile backsplash, pantry & skylight. Living/dining room features fireplace & sliders to deck overlooking water. Vaulted primary suite with walk-in closet & spa bath. Second ensuite bedroom plus loft & laundry upstairs. Walkout lower level with full bath & walk-in closet-perfect 3rd bedroom or family room. Updates include new flooring, new water heater & custom blinds. Walk to train, shopping & dining!

Listing Agent

Erin Stout

RE/MAX Plaza License #471021026 Listed on: 10/06/2025

RE/MAX Plaza

Co-Listing Agent

Pattie Taylor

RE/MAX Plaza License #471000472

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,511

Year Built

  • Built in 2005

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Accessible Hallway
  • Waterfront

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 7 Units
  • Mperial Association, Phone Number (847) 757-7171
  • Palatine Commons Subdivision
  • Property managed by Mperial

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,511

Year Built

Built in 2005

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Palatine Commons
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: OpenHouse
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Finished, Full, Walk-Out Access
  • Accessibility Features: Accessible Hallway(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s)
  • LivingArea: 2800
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Loft, Walk In Closet
  • Stories Total: 2
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick, Cedar
  • ExteriorFeatures: Balcony
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Level, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 399
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Mperial
  • Management Contact Name: Mperial
  • Management Phone: 847-757-7171

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8510.98
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $8,511 $34,717 $6,499 $28,218
2023 $8,963 $34,717 $6,499 $28,218
2022 $8,963 $34,717 $6,499 $28,218
2021 $8,571 $29,722 $2,160 $27,562
2020 $8,516 $29,722 $2,160 $27,562
2019 $8,509 $33,099 $2,160 $30,939
2018 $8,924 $32,150 $1,944 $30,206
2017 $9,802 $32,150 $1,944 $30,206
2016 $8,408 $32,150 $1,944 $30,206
2015 $8,233 $29,418 $1,782 $27,636
2014 $8,149 $29,418 $1,782 $27,636
2013 $7,923 $29,418 $1,782 $27,636
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 For Sale $444,000 +38.2% $159 / Sq Ft
04/29/2016 04/29/16 Sold $321,200 -2.3% $115 / Sq Ft View Prior Sale
03/17/2016 03/17/16 Pending -- -- --
03/10/2016 03/10/16 Price Changed $328,900 -0.3% $117 / Sq Ft
02/26/2016 02/26/16 Price Changed $329,999 -2.9% $118 / Sq Ft
02/08/2016 02/08/16 For Sale $339,999 -- $121 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $317,500 Fidelity Natonal Title
Warranty Deed $482,250 Fidelity National Title
Special Warranty Deed $235,000 Attorneys Title Guaranty Fun
Legal Action Court Order -- None Available
Warranty Deed $391,000 Ticor
Warranty Deed $391,000 Ticor
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $115,000 New Conventional
Previous Owner $312,700 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12485680

Midwest Real Estate Data (MRED)

APN: 02-15-209-071-0000

Illinois Cook County Palatine 60067 Downtown Palatine

248 W Fairview Way Unit 4, Palatine, IL

This home is located at 248 W Fairview Way Unit 4, Palatine, IL 60067 and is currently priced at $444,000, approximately $158 per square foot. This property was built in 2005. 248 W Fairview Way Unit 4 is a home located in Cook County with nearby schools including Gray M Sanborn Elementary School, Walter R. Sundling Junior High School, and Palatine High School.

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.

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Erin Stout
Listing Agent
Erin Stout
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RE/MAX Plaza
(224) 445-1745